NYSE:IONQ

IonQ announced that it has entered into a definitive agreement to acquire SkyWater Technology in a cash-and-stock transaction valuing SkyWater at approximately $1.8 billion, or $35.00 per share.

The transaction will create the only vertically integrated, full-stack quantum platform company, giving IonQ embedded access to a trusted, exclusively U.S.-based semiconductor foundry. IonQ expects the acquisition to materially accelerate its roadmap toward fault-tolerant quantum computing, including functional testing of 200,000-qubit quantum processing units in 2028, enabling more than 8,000 ultra-high-fidelity logical qubits, and advancing a planned 2,000,000-qubit chip by up to one year.

Under the terms of the agreement, SkyWater shareholders will receive $15.00 in cash and $20.00 in IonQ stock per share, subject to a collar. Following completion, SkyWater will operate as a wholly owned subsidiary under its existing name and will continue to serve customers as a pure-play semiconductor foundry and merchant supplier. The transaction is expected to close in the second or third quarter of 2026, subject to shareholder and regulatory approvals.

IonQ stated that the acquisition strengthens its position as a strategic partner to the U.S. government and allies by enabling secure, end-to-end domestic design, manufacturing, and deployment across quantum computing, networking, sensing, and security technologies. IonQ also reaffirmed that it expects full-year 2025 revenue to come in at the high end or above its previously announced $106 million to $110 million range.
IonQ Launches $1.98 Billion Equity and Warrant Offering Led by J.P. Morgan

IonQ, Inc. (NYSE: IONQ) announced it has entered an underwriting agreement with J.P. Morgan Securities to sell 16.5 million shares of common stock and 5 million pre-funded warrants, each paired with two Series B warrants to purchase common shares. The combined public offering price is $93 per unit, with the Series B warrants exercisable at $155 per share for up to seven years.

The transaction, expected to close on October 14, 2025, aims to raise capital for general corporate purposes and expansion of IonQ’s quantum computing initiatives. The offering terms include adjustment provisions for stock splits and fundamental transactions.
IonQ Completes Acquisition of Quantum Sensing Firm Vector Atomic

IonQ (NYSE: IONQ) announced the completion of its acquisition of California-based Vector Atomic, a global leader in quantum sensing technologies. The all-stock transaction marks a major step in IonQ’s goal to build the most comprehensive quantum technology platform, expanding its expertise beyond computing and networking into precision atomic clocks, inertial sensors, and synchronization systems.

Vector Atomic brings over 75 scientists and engineers specializing in quantum-based positioning, navigation, and timing systems for space, submarine, and airborne applications. Its technology, capable of 1,000x GPS accuracy, will enhance IonQ’s commercial and government offerings, particularly in defense and space sectors.

CEO Niccolò de Masi said the acquisition strengthens IonQ’s full-stack quantum leadership and accelerates real-world applications of quantum technologies. Vector Atomic CEO Dr. Jamil Abo-Shaeer will remain with IonQ to continue developing quantum sensing solutions.

The deal follows a series of IonQ acquisitions, including Oxford Ionics, Capella Space, Lightsynq Technologies, Qubitekk, and a majority stake in ID Quantique, underscoring the company’s strategy to unify computing, networking, and sensing within a single quantum ecosystem.
IonQ (NYSE: IONQ) appointed Inder M. Singh as Chief Financial Officer and Chief Operating Officer, effective immediately. Singh, who steps down from IonQ’s Board, succeeds Thomas Kramer, who will remain in an advisory role for up to 60 days.

Singh brings over 30 years of financial and strategic leadership experience, having served as CFO of Arm during its 2023 IPO, CFO of Unisys, and VP of Corporate Financial Strategy and M&A at Cisco. He has also worked as an equities analyst on Wall Street and currently serves on John Wiley & Sons’ Board.

CEO Niccolo de Masi highlighted Singh’s deep knowledge of IonQ and strong financial expertise as key to supporting IonQ’s roadmap to scale to 2 million physical and 80,000 logical qubits by 2030. Singh emphasized his confidence in IonQ’s ability to deliver commercial-scale quantum systems with the lowest manufacturing cost and strongest performance in the industry.
IonQ Acquires Capella Space to Launch Quantum Satellite Network

IonQ has completed its acquisition of Capella Space Corporation, a satellite technology firm specializing in synthetic aperture radar (SAR), marking a strategic step toward building the first global quantum key distribution (QKD) network in space.

The integration of Capella’s satellite constellation with IonQ’s quantum computing capabilities will enable secure space-to-space and space-to-ground communications. This quantum-enabled platform aims to provide tamper-proof encryption and next-generation Earth observation tools for government and commercial clients.

IonQ stated that this move will support defense, intelligence, and commercial applications and builds on earlier partnerships, including with ID Quantique and U.S. defense agencies. CEO Niccolo de Masi called the deal an "exceptional opportunity" to accelerate the vision of a quantum internet.

Capella CEO Frank Backes emphasized the creation of a “quantum-enabled Earth observation platform” as a pioneering milestone in the industry.
IonQ, Inc. completed the acquisition of Lightsynq Technologies Inc. The total consideration for the transaction was 12,377,433 shares of IonQ common stock. Some of these shares, along with certain stock options, are subject to vesting based on continued employment of select recipients.
IonQ, Inc. has announced the termination of its Equity Distribution Agreement with Morgan Stanley & Co. LLC and Needham & Company, LLC, effective immediately as of March 10, 2025. This agreement, signed on February 26, 2025, allowed IonQ to sell up to $500 million in common stock through the sales agents as part of its 2025 At-The-Market (ATM) Offering Program. The company has already sold 16,038,460 shares under this program and is not subject to any termination penalties.

IonQ issued a press release on March 10, 2025, to formally announce the termination of the ATM Offering Program. The press release has been filed as an exhibit with the SEC.
IonQ, Inc. filed an amendment to its previously submitted Form 8-K to incorporate additional disclosure regarding its acquisition of a controlling stake in ID Quantique SA. The all-stock transaction involves the issuance of up to 5.2 million shares of IonQ common stock. The amendment clarifies that these shares are considered restricted securities and their issuance is exempt from registration under the Securities Act of 1933. Other aspects of the original filing, including financial statements and prior press releases, remain unchanged.
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