IonQ Expands Quantum IP Portfolio, Surpassing 1,000 Patents And Applications
The company's shares fell, weighed down by broader tech sector weakness, despite positive announcements on its IP.
The quantum computing firm revealed it has been granted new U.S. patents, broadening its portfolio and reinforcing its leadership in trapped-ion quantum technology.The company now controls or has access to more than 1,000 patents and applications across its business lines, showcasing the depth of its IP.
These additions are expected to strengthen IonQ's ability to scale technology, boost performance, and enhance its commercial edge in the rapidly growing quantum computing sector.
IonQ executives said the expanded portfolio reflects a long-term strategy to secure breakthrough technologies in quantum computing. Chairman and CEO Niccolo de Masi emphasized that the new patents will help accelerate the development of scalable, efficient quantum systems, moving the industry closer to commercial quantum advantage.
The latest patents cover improvements in areas such as gate operations, noise reduction, error mitigation, and circuit optimization.
Highlights include a patent for a portable quantum memory package designed to support secure, long-distance quantum communications, and another for a self-aligning fabrication process that improves photonic waveguide coupling in memory devices.
Dean Kassmann, IonQ's SVP of Engineering & Technology, said the new intellectual property underscores the company's technical leadership.
He noted that IonQ's R&D team continues to deliver innovations that bring enterprise-grade systems closer to surpassing classical computing.
IonQ aims to build a quantum system with 2 million qubits by 2030.
Such advancements could transform industries including pharmaceuticals, materials science, logistics, defense, and financial services.
Customers and partners already include Amazon.com, Inc.'s (NASDAQ:AMZN) Amazon Web Services, AstraZeneca Plc (NASDAQ:AZN), and NVIDIA Corp. (NASDAQ:NVDA).
According to Benzinga Pro, IONQ stock has gained over 400% in the past year. Investors can gain exposure to the stock via Tidal Trust II YieldMax Ultra Option Income Strategy ETF (NYSE:ULTY).
Price Action: IONQ stock is trading lower by 1.29% to $36.33 at last check Wednesday.
Read Next:Image via Shutterstock
Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.
Get the latest stock analysis from Benzinga?
This article IonQ Expands Quantum IP Portfolio, Surpassing 1,000 Patents And Applications originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Tesla's new six-seat Model Y unlikely to reach US shores, says Musk
Tesla CEO, Elon Musk, has said that a six-seat Model Y variant, which debuted in China recently, may not be produced for the US market. He attributed the potential decision to the anticipated dominance of self-driving cars, Reuters reported. The Model Y L, assembled at Tesla's Shanghai facility in China, has a lengthier wheelbase and a three-row seating arrangement, carrying a price tag of approximately $47,200. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service Tesla is contending with increased competition in China from local electric vehicle (EV) manufacturers like BYD and Xiaomi, according to the report. In the report, the CEO did not explain how the advent of autonomous driving technology would diminish demand for six-seater models. In the US, gasoline-powered SUVs featuring three rows of seats are said to have traditionally been favoured by families. Nonetheless, the production of 'profitable' three-row EVs poses a significant challenge for carmakers. Furthermore, recent policy shifts introduced by the Trump administration are poised to raise the cost of EVs, leading manufacturers to prioritise smaller and more affordable models. Tesla is also gearing up to introduce a more budget-friendly Model Y version, which is expected to lack some of the premium features and is set to launch later in 2025. Musk has referred to it as "just a Model Y." The company's strategy in the US is increasingly pivoting towards its robotaxi project. In June, Tesla initiated a limited robotaxi service in Austin and plans to expand its reach to cover half of the US population by year's end. In the US, the EV maker secured a licence to operate its robotaxi service in Texas, aligning with the state's new autonomous vehicle regulations. Musk has previously informed investors that in a future dominated by autonomous vehicles, the production of conventional cars would be rendered "pointless". Tesla is scheduled to commence manufacturing of the bespoke two-seater robotaxi without a steering wheel or pedals, Cybercab, in 2026. Recently, the EV maker has announced significant cuts to the monthly lease rates for its electric vehicles in the UK, now offering them at just above half the price compared to last year. Data from the Society of Motor Manufacturers and Traders (SMMT) reveals a stark decline in Tesla's UK sales in July, with only 987 vehicles sold, representing a 60% decrease. This comes in the context of an overall market contraction of 5% in July in the UK. For the second quarter (Q2) of 2025, Tesla has reported a 12% year-on-year reduction in total revenue, with earnings dropping to $22.49bn from $25.5bn in the previous year's corresponding period. "Tesla's new six-seat Model Y unlikely to reach US shores, says Musk" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 minutes ago
- Yahoo
Bernstein Upgrades Sabre Corporation (SABR) from ‘Market Perform' to ‘Outperform'; Reduces PT
Sabre Corporation (NASDAQ:SABR) is included in our list of the . Photo by Andrea De Santis on Unsplash On August 11, 2025, Bernstein upgraded Sabre Corporation (NASDAQ:SABR) from 'Market Perform' to 'Outperform', reducing its price target from $4 to $3. The target reduction reflects the 38% single-day decline following disappointing quarterly results. However, the investment firm remains bullish on the company, dismissing the speculation that the company's Global Distribution System business is structurally broken. Looking ahead, the analyst expects stabilization in SABR's booking growth, with potential acceleration in 2026 from agency migrations. Meanwhile, Bernstein highlighted the company's Passenger Service System contracts, which remain secure, with major clients like American and LATAM airlines locked in until the mid-2030s. Sabre Corporation (NASDAQ:SABR)'s lack of major debt maturities until 2027 further stabilizes its short-term growth. The analyst projects a return to profitability this year, forecasting EPS of $0.14, driven by anticipated industry-wide GDS volume growth. Sabre Corporation (NASDAQ:SABR) leverages AI and cloud technology to enhance travel intelligence, predicting disruptions and personalizing travel experiences. It is included in our list of the most oversold stocks. While we acknowledge the potential of SABR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Cheap Value Stocks to Buy Now According to Seth Klarman and 13 Hot Oil Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 minutes ago
- Yahoo
Goldman Sachs Reiterates ‘Buy' Rating on Fair Isaac Corporation (FICO)
With a year-to-date decline, strong upside potential, and significant hedge fund interest, Fair Isaac Corporation (NYSE:FICO) secures a spot on our list of the . A closeup of a computer screen with data-driven analytics and business solutions displayed. On August 5, 2025, Goldman Sachs reiterated its 'Buy' rating on Fair Isaac Corporation (NYSE:FICO) with a $1,915 price target. The investment firm's bullish stance follows a non-deal roadshow with the company's management. The analyst notes that, despite the Federal Housing Finance Agency's recent decision on lender choice and the expectation that 2026 pricing hikes will follow past trends, the company intends to maintain its mortgage score pricing strategy. The investment firm also highlighted the company's strong pricing power, driving Fair Isaac Corporation (NYSE:FICO)'s 16.66% revenue growth in the past year. Moreover, it was reported that no market share loss to VantageScore occurred. Thus, the analyst expects lenders to prefer Classic FICO scores. However, caution is advised if competitors price aggressively. Fair Isaac Corporation (NYSE:FICO) is a leading analytics and decision management solutions provider, known for its FICO credit scores. It is included in our list of the most oversold stocks. While we acknowledge the potential of FICO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Cheap Value Stocks to Buy Now According to Seth Klarman and 13 Hot Oil Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
