SkyWater Technology shareholders approved IonQ’s approximately $1.8 billion acquisition. The deal provides IonQ with dedicated US-based fabrication capabilities. This move transitions the company into a vertically integrated quantum manufacturer.
IonQ issued roughly $2.4 billion in equity to fund its infrastructure pivot. This financing supported various acquisitions over the last 18 months. The company recently purchased Qubitekk, ID Quantique, Lightsynq, and Oxford Ionics. These purchases aim to build a multi-layer quantum networking platform.
IonQ reported $64.7 million in revenue for Q1 2026. This figure represents a 755% year-over-year increase. The company raised its full-year revenue guidance to between $260 million and $270 million.