IonQ Soars 20% on Quantum Networking Milestone and DARPA Contract
TL;DR Summary
IonQ shares jumped about 20% after the company linked two quantum systems via photonic interconnect, a milestone toward distributed quantum networks, and announced a DARPA HARQ contract to advance quantum networking and memory chips built from synthetic diamond for data centers and long-range links. Analysts at TipRanks remain bullish with a Strong Buy rating and an average price target around $65.91, implying roughly 84% upside; IonQ’s leadership emphasized modular scalability beyond a single processor as a core part of its roadmap.
- IonQ Stock Jumps 20% after Quantum Breakthrough and DARPA Deal TipRanks
- IonQ Selected to Bid to Build Multi-Qubit Quantum Networks for DARPA HARQ IonQ Quantum Computing
- IonQ (IONQ) Shares Skyrocket, What You Need To Know Yahoo Finance
- Quantum computing stocks are back on the rise. Here’s why IONQ, QBTS, RGTI, and QUBT are up Fast Company
- For quantum computing, different qubits are better together darpa.mil
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