"The catalyst was that the quantum computing leader received a regulatory green light for its high-stakes acquisition of Oxford Ionics, a UK-based trapped-ion specialist. The UK's Investment Security Unit cleared the deal, removing the last hurdle for a transaction valued at over $1 billion. Oxford Ionics' photonic interconnect tech promises to accelerate IonQ's roadmap toward 800 logical qubits by 2027 and 80,000 by 2030 - milestones critical for commercial-scale quantum advantage."
"Founded in 2015, IonQ is a trailblazer in quantum computing, specializing in trapped-ion technology. Unlike superconducting qubits favored by giants like IBM ( ) or Google's Quantum AI division, IonQ traps individual ytterbium ions in electromagnetic fields, using lasers to manipulate qubits. This approach delivers superior fidelity - up to 99.9% accuracy per operation - and all-to-all connectivity, enabli"
IonQ's stock jumped nearly 19% to above $55 and rose further to about $56.50 amid high volume after receiving UK approval to acquire Oxford Ionics in a deal valued at over $1 billion. Oxford Ionics' photonic interconnect technology is expected to speed IonQ's roadmap to 800 logical qubits by 2027 and 80,000 by 2030. Market momentum also follows Nvidia's participation in a Quantinuum funding round and sector gains among Rigetti and D-Wave. IonQ launched IonQ Federal and named a new CFO/COO. Analysts called the acquisition a game-changer; IONQ shares have climbed over 700% in the past year. IonQ's trapped-ion approach offers up to 99.9% operation fidelity and all-to-all connectivity.
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