Public quantum computing company (NYSE: IONQ)
Appears in 3 stories
Aggressively consolidating quantum ecosystem through $3B+ acquisition spree; pending $1.8B SkyWater deal targets Q2-Q3 2026 close
D-Wave Quantum closed its $550 million acquisition of Quantum Circuits in January 2026, adding Yale's dual-rail qubit technology to its quantum annealing platform. The deal is part of a nine-month consolidation spree: IonQ spent $1.08 billion on Oxford Ionics in June 2025 and announced a $1.8 billion SkyWater Technology acquisition in January 2026.
Updated May 19
Commercializing trapped-ion quantum systems
Quantum computers can already outperform classical supercomputers on specific tasks, as Google's Willow chip demonstrated when it solved in five minutes a problem that would take the fastest machines 10 septillion years. The breakthrough, announced in October 2025, marks the first verifiable quantum advantage, achieved with Google's Quantum Echoes algorithm, which is 13,000 times faster than supercomputers. But scaling from 100-qubit systems to the million-qubit machines needed for real-world applications requires control hardware that doesn't exist, and current laser systems are tabletop-sized, power-hungry, and impossible to replicate thousands of times over.
Updated May 16
Largest pure-play quantum company by revenue
Quantum computing has spent four decades as a physics experiment with a marketing team. On May 6, 2026, IonQ reported $50 million in quarterly revenue — up roughly 556% from a year earlier — and reaffirmed full-year guidance of $225 to $245 million, putting one of the field's leading pure-play companies on track for a quarter-billion-dollar year.
Updated May 6
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