IonQ, a leader in the quantum computing and networking industry, today announced the completion of its acquisition of substantially all of the assets of Qubitekk, Inc., a prominent quantum networking company. The acquisition brings Qubitekk’s esteemed team, advanced technology, and extensive patent portfolio into IonQ’s operations, solidifying IonQ’s position at the forefront of quantum networking and computing. Quantum networks are poised to become important infrastructure, with the potential to drive transformative applications in sectors such as defense, finance, and energy. These networks facilitate highly secure communication between multiple quantum nodes using entangled qubits. The technology also enables precise timing synchronization, a transport layer for quantum sensing, and a backbone for distributed quantum computing. With the development and 2022 launch of the EPB Quantum Network in Chattanooga, Tennessee—the first commercially available quantum network in the U.S.—Qubitekk has established itself as a leader in quantum networking. “The acquisition of Qubitekk is a key step in IonQ’s journey to lead quantum networking into the future,” said Jordan Shapiro, Head of Corporate Development and VP of Financial Planning & Analysis at IonQ.

Full story : IonQ has completed the acquisition of Qubitekk, integrating its team, quantum networking technology, and 118 patents into IonQ’s operations.