IonQ, the leader in quantum computing and networking industries, has successfully completed the acquisition of Oxford Ionics, a quantum computing company based in the United Kingdom. This acquisition is a significant move that strengthens IonQ's position in the quantum computing space and supports its expansion into the UK, Europe, Asia, and other global markets.
The acquisition brings to IonQ a team of world-class scientists and engineers, along with patented innovations in trapped ion quantum systems that complement IonQ’s existing hardware and software stack. It also provides IonQ with a UK base of operations for future collaborations with leading universities, research institutions, and public-sector partners.
IonQ plans to integrate Oxford Ionics’ record-breaking ion trap technology, which is manufactured using standard semiconductor chips, with IonQ’s quantum systems to develop high-fidelity quantum architectures optimized for both compute and networking.
This acquisition follows a series of strategic business announcements by IonQ, including securing a majority stake in ID Quantique, and acquisitions of Qubitekk, Capella Space, and Lightsynq Technologies.
IonQ is accelerating its technology roadmap and intends to deliver the world’s most powerful quantum computers with 2 million qubits by 2030. IonQ's advancements in quantum networking also position the company as a leader in building the quantum internet.
IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, have been helping customers and partners achieve 20x performance results. The company's innovative technology and rapid growth were recognized in Newsweek’s 2025 Excellence Index 1000, Forbes’ 2025 Most Successful Mid-Cap Companies list, and Built In’s 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively.
As a result of these announcements, the company's shares have moved 5.33% on the market, and are now trading at a price of $62.26. For the full picture, make sure to review IonQ's 8-K report.