IonQ, Inc. announced strong momentum toward its
technological roadmap with a portfolio of nearly 400 granted and pending
quantum networking patents that IonQ owns or controls in the U.S. and
internationally.
In support of its networking roadmap, IonQ acquired the quantum
networking company Qubitekk at the end of 2024 and last week announced
it has secured a controlling stake of ID Quantique (IDQ), a global
leader in quantum safe networking and sensing. The IDQ transaction
expanded IonQ's owned or controlled patent portfolio with nearly 250
networking patents from IDQ.
With over a decade of investments in quantum networking, Qubitekk's and
IonQ's progress and achievements have resulted in two quantum networking
contracts with the U.S. Air Force Research Laboratory (AFRL) for $54.5
million and $21.1 million. IonQ also won a $5.7 million contract with
the Applied Research Laboratory for Intelligence and Security (ARLIS) to
build and install quantum network infrastructure.
"Quantum networking and quantum computing for IonQ are highly
synergistic, and we believe that IonQ is the only quantum computing
company that has an inherent leadership advantage in the quantum
networking market segment," said Niccolo de Masi, President and CEO of
IonQ. "Our extensive patent portfolio in quantum networking
technologies, paired with our consistent delivery and outperformance of
quantum networking technological and business milestones, enables new
market opportunities to help our customers solve problems unsolvable
with current technologies."
IonQ has already commercialized quantum networking. Through the
acquisition of Qubitekk, IonQ boasts a commercially available quantum
network, the EPB Quantum Network, located in Chattanooga Tennessee.
Managed by IonQ, the EPB Quantum Network is available for public and
private sector researchers and technologists to run quantum equipment
and applications in an established fiber optic environment.
Additionally, IonQ's agreement with IDQ provides access to IDQ's decades
of expertise in commercialized quantum networking and quantum-safe
communication technology. This includes recent examples such as IDQ's
deployment of a 800km-long nationwide network in South Korea, as well as
its involvement in key projects within Europe's quantum communications
infrastructure (EuroQCI).
The total quantum communication market segment size is projected to
reach upwards of $14.9 billion by 2035, according to a new McKinsey
report. Per the new report, the growth in quantum networking is driven
by the growing need for scaling quantum computing through distributed
networks, heightened awareness of the need for new data security
solutions, and new unique capabilities like quantum sensing and
ultra-accurate time synchronization in emerging technical fields.