IonQ has completed its acquisition of Lightsynq Technologies, adding a suite of quantum networking technologies and more than 20 quantum memory-related patents to its portfolio, in a move that could push the company closer to delivering interconnected, data center-scale quantum systems. The deal, which closed on May 30 and was disclosed in a June 2 SEC filing, was completed entirely in IonQ stock. A total of 12,377,433 shares of IonQ common stock were issued as consideration for the transaction, with some shares and stock options subject to vesting conditions based on continued employment of key Lightsynq personnel. The SEC filing indicates that the issuance was made under private offering exemptions, avoiding public registration of the shares. A registration rights agreement was signed to provide Lightsynq shareholders the ability to register their shares for future resale. The acquisition follows IonQ’s broader strategy to secure technical leadership in both quantum computing and networking. Lightsynq was co-founded by a team of Harvard- and AWS-trained researchers — Dr. Mihir Bhaskar, Dr. Bart Machielse, and Dr. David Levonian — who specialized in quantum memory and photonic interconnects. Their startup developed hardware to link quantum systems together efficiently, supporting modular architectures and long-distance quantum communication.

Full report : IonQ has completed its acquisition of Lightsynq Technologies, issuing over 12.3 million shares to bring advanced quantum networking and photonic interconnect technology in-house.