Latest news with #QKD
Business Insider
05-08-2025
- Business
- Business Insider
Quantum Computing News: IonQ Boosts Energy Role, Fujitsu Targets 10,000-Qubit System by 2030
Welcome to this week's quantum news, as we continue in our quantum journey toward commercialization. This week's recap highlights practical upgrades to existing networks, fresh investments in R&D, and progress in real-world problem-solving. For investors tracking companies like IonQ (IONQ), Fujitsu (FJTSY), and Honeywell (HON) -backed Quantinuum, these moves show steady traction toward scaled deployment. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. PacketLight Networks and NEC Demo Quantum-Safe Networking We begin with PacketLight Networks and NEC Corporation, which demonstrated a working setup for quantum key distribution. Their test used NEC's quantum key distribution gear alongside PacketLight's PL-4000M Muxponder. The system maintained 100% data speeds while layering quantum encryption on a separate fiber. It did not need hardware upgrades, which could lower cost barriers for future rollouts. While still a lab test, the result confirms that QKD can work with today's commercial networks. This supports secure communications without major changes to data flow. The exhibition also highlights early demand for QKD-compatible hardware and low-latency encryption options. SEEQC Expands U.S. Operations to Support Chip Design Next up is a $60 million Nvidia (NVDA) - and IBM Quantum (IBM) -backed startup, SEEQC, which has leased a 13,635-square-foot site in Hawthorne, New York. The space will support chip manufacturing, testing, and system design. The firm builds superconducting chips that can work with multiple quantum systems. The move gives SEEQC closer access to talent and partners. It also signals its intent to scale chip production for commercial use. The site will house offices and labs that support new designs for modular and stackable quantum computing hardware. The biggest standalone quantum company, Quantinuum, will convert a site in Albuquerque into a new research and development hub. The company plans to focus on photonics control, a key part of its laser-based ion-trap quantum systems. The facility is expected to employ at least seven people by the end of the year, with future plans to install test beds. Quantinuum, formed from Honeywell Quantum and Cambridge Quantum, is one of the few firms that build both quantum hardware and software. Its expansion into New Mexico also supports public efforts to attract more quantum jobs to the Southwest. IonQ (IONQ) has partnered with Oak Ridge National Laboratory to apply its quantum system to the Unit Commitment problem. This challenge involves scheduling power plants to meet demand at the lowest cost. The project used IonQ's 36-qubit Forte Enterprise quantum system, in combination with classical models. The work is part of the U.S. Department of Energy's GRID-Q program. It tested the ability to optimize energy use across 26 generators and 24 time slots. The results point to potential cost savings and new ways to manage energy supply. IonQ expects future systems with 100 to 200 qubits could outperform current grid planning tools. Fujitsu Plans 10,000-Qubit System by 2030 Fujitsu (FJTSY) announced plans to build a superconducting quantum computer with over 10,000 qubits by fiscal 2030. The target includes 250 logical qubits using its STAR architecture. The effort is part of Japan's national post- 5G development program, and includes support from RIKEN and AIST. Fujitsu will also pursue diamond spin-based qubits by 2035. It aims to build a system with 1,000 logical qubits that combine multiple qubit chips. The roadmap includes new work on chip interconnects, cryogenic controls, and error correction techniques. We used the TipRanks' Comparison Tool to line up some of the top quantum stocks with a few names mentioned in this piece. It's an easy way to see how they compare and get a feel for where the space might be going. Investor Takeaway This week's news shows a growing mix of hardware investment and applied use cases. Companies are starting to bridge lab-grade quantum systems with enterprise needs. Quantum-safe encryption, grid optimization, and chip design are moving forward without major changes to core infrastructure. Investors should watch for continued signs of progress in system integration, facility builds, and commercial partnerships. Cost efficiency, deployment scale, and ecosystem access remain key factors for future gains in this sector.
Yahoo
17-07-2025
- Business
- Yahoo
Will IonQ Stock Rise on Capella Space Buyout and Quantum Ambitions?
IonQ. Inc. IONQ, a pioneer in quantum computing, is setting its sights far beyond Earth's surface. With the recent acquisition of Capella Space, a satellite technology firm known for synthetic aperture radar ('SAR') imaging, IonQ is accelerating its bold vision to build the first global space-based quantum key distribution ('QKD') network. The deal positions IonQ to not only lead in quantum computing but also in quantum-secure communications—a sector expected to become increasingly vital for both commercial and defense applications. Capella Acquisition Signals a New Quantum Frontier for IonQ The completed acquisition of Capella Space is not just a strategic expansion—it marks a foundational step toward realizing IonQ's quantum Internet ambitions. By integrating Capella's space-based infrastructure with its quantum hardware and software stack, IonQ is developing a QKD network that promises tamper-proof communication channels between satellites and ground stations. This could prove essential for national defense, cybersecurity, and even financial institutions where absolute data security is space-based QKD architecture would also support new capabilities in Earth observation, enhancing SAR imaging with quantum encryption for ultra-secure data transmission. IonQ's move effectively positions it as the first player in a new category: quantum-enabled geospatial intelligence. According to IonQ CEO Niccolo de Masi, the integration will not only enhance commercial applications but also expand the company's role in global defense and intelligence operations. IonQ's Partnerships Reinforce Strategic Depth Beyond Capella, IonQ has also forged key partnerships that reinforce its long-term vision. Its collaboration with ID Quantique, a leader in quantum-safe cryptography, and its quantum networking contracts with the U.S. Air Force Research Laboratory and the Applied Research Laboratory for Intelligence and Security highlight the growing demand for IonQ's technology in national security and enterprise use alliances help validate IonQ's platform and increase the likelihood of recurring revenue through long-term government engagements. With security concerns escalating globally and government agencies seeking resilient communications infrastructure, IonQ's offering stands to benefit from rising demand in the public sector. IONQ's Strong Share Price Momentum IonQ shares have surged 61% over the past three months, outpacing the 45.1% gain in the Zacks Computer-Integrated Systems industry and the 30.1% rise in the broader Zacks Computer and Technology sector. Even the S&P 500's robust 18.8% climb during the same period has lagged behind IonQ's performance. This momentum reflects investor enthusiasm around IonQ's strategic direction, particularly its leadership in quantum networking and government-backed projects. IONQ 3-Month Share Price Performance Image Source: Zacks Investment Research Yet with this rally comes a note of caution. The stock is currently trading at a lofty forward 12-month price-to-sales (P/S) ratio of 97.61, which is significantly higher than the industry average of 3.84. While IonQ operates in a highly specialized frontier market, the steep premium raises questions about whether the stock has already priced in too much of the company's long-term potential. IONQ Valuation Image Source: Zacks Investment Research IONQ's Revenue Outlook and Earnings Trend Despite the sky-high valuation, the company's growth trajectory appears robust. For 2025, the Zacks Consensus Estimate for revenue implies a near doubling year over year, at 97.3% growth. That said, analysts have become slightly more conservative in their projections for profitability. The consensus estimate for 2025's loss per share has widened over the past 30 days, although it still points to a much narrower loss than the $1.56 per share loss reported a year ago. Image Source: Zacks Investment Research This mixed sentiment suggests that investors are optimistic about revenue expansion but remain cautious about when IonQ will turn the corner on profitability. The company continues to invest heavily in R&D and infrastructure, particularly in its quantum-as-a-service (QaaS) and networking initiatives, which may delay earnings upside but could secure a first-mover advantage. Challenges Remain on the Path to Profitability for IonQ While IonQ's technological edge is compelling, the company is still in an early stage of commercial maturity. The quantum computing industry is years away from widespread enterprise adoption, and IonQ must demonstrate its ability to transition from R&D-driven partnerships to scalable, recurring commercial revenue. In the meantime, its burn rate and elevated valuation could limit investor patience if near-term milestones fall the intensifying competition from peers like International Business Machines Corporation IBM, Microsoft Corporation MSFT, and Rigetti Computing, Inc. RGTI could challenge IonQ's leadership if those firms scale more quickly or secure broader ecosystems. IBM's extensive hardware roadmap and global quantum network make it a key rival, while Microsoft's Azure Quantum is gaining traction with hybrid solutions and cloud accessibility. Both IBM and Microsoft have broader platforms and deeper enterprise reach. Rigetti, though smaller, competes closely with IonQ in hardware innovation. While IonQ's space-based QKD provides a differentiator, IBM and Microsoft, mentioned repeatedly in enterprise discussions, remain the more established players with vast resources and client ecosystems. Conclusion IonQ is making bold moves that reflect its ambition to shape the quantum future, from terrestrial computing to orbital communications. The Capella Space acquisition solidifies its leadership in quantum-secure networking and opens a new chapter in space-based infrastructure. With accelerating government interest, a clear roadmap toward the quantum Internet, and strong revenue prospects, IonQ offers a compelling growth with its valuation already stretched and earnings still in the red, investors should remain cautious. IonQ currently carries a Zacks Rank #3 (Hold), which aligns with a prudent approach — hold the stock and monitor execution, especially as the company integrates Capella and ramps up commercial applications. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report International Business Machines Corporation (IBM) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
16-07-2025
- Business
- Yahoo
IonQ acquires Capella to boost space-based quantum communications
IonQ, a US-based quantum computing hardware and software company, has completed its acquisition of Capella Space to advance space-based quantum communications. Capella Space, which specialises in synthetic aperture radar (SAR) and satellite solutions, will now operate as a wholly owned subsidiary of IonQ. The financial terms of the deal were not disclosed. The acquisition is part of IonQ's strategy to develop a space-to-space and space-to-ground satellite quantum key distribution (QKD) network. Announced in May 2025, the deal seeks to merge IonQ's quantum computing technology with Capella Space's satellite systems. This is anticipated to enhance IonQ's capability to launch a QKD network for secure communication by preventing encryption key interception or duplication. The move also positions IonQ to play a significant role in building the quantum internet and expanding within the space economy. Following the deal, Capella Space's customers are expected to gain rapid and secure SAR and remote sensing capabilities via the first quantum-enabled Earth observation platform. Capella Space CEO Frank Backes said: 'Capella has been a long-time pioneer in space technology and we can now take actionable steps to push the boundaries further by building the first quantum-enabled Earth observation platform.' The acquisition complements IonQ's existing partnerships and acquisitions, including those with Qubitekk and ID Quantique. IonQ has also collaborated with institutions such as the Applied Research Laboratory for Intelligence and Security and the US Air Force Research Laboratory. By utilising long-distance quantum repeaters alongside Capella Space's advanced sensing capabilities, IonQ aims to construct extensive quantum-secure networks. This expanded capacity supports developing sovereign-grade intelligence by integrating orbital sensing with quantum computing, enhancing Intelligence, Surveillance, and Reconnaissance operations for US and allied governments. IonQ CEO Niccolo de Masi said: 'We have an exceptional opportunity to accelerate our vision for the quantum internet, where global QKD will play a foundational role in enabling secure communications. 'The integration of Capella's advanced space-based platform and proven constellation of deployed satellites - along with IonQ's quantum technologies - is expected to bolster commercial applications, global defence, and intelligence missions.' "IonQ acquires Capella to boost space-based quantum communications" was originally created and published by Verdict, 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
Business Times
15-07-2025
- Business
- Business Times
New MAS programme to help financial institutions fast-track AI adoption, minimise guesswork
[SINGAPORE] Financial institutions in Singapore can now tap – a new programme that helps them adopt artificial intelligence (AI) more quickly and effectively. The programme features a curated library of AI use cases, industry validated solutions and best practices shared by industry peers, cutting down the time and effort needed to search, select and implement AI solutions. The initiative aims to support financial institutions in the earlier stages of their AI adoption journey, said Monetary Authority of Singapore (MAS) managing director Chia Der Jiun on Tuesday (Jul 15), at the release of the central bank's annual report. also connects participating firms with established training providers offering skills programmes aligned with their chosen AI tools and platforms. Twenty financial institutions have already joined the programme. These include Green Link Digital Bank, MUFG, Standard Chartered, Trust Bank, Ant International, Liquid Group, BoltTech, FWD, and Funding Societies. 'We welcome more financial institutions to join the programme,' said Chia. As financial institutions expand the scale and scope of AI adoption, they must also strengthen governance and risk management to ensure responsible use, he added. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up To support this, MAS is developing supervisory guidance for financial institutions. This includes a set of guidelines on managing AI-related risks, which is currently in progress. 'There are key risks around model, data, technology and third-party risks,' said Chia. 'Poor management of these risks can result in wrong or even harmful information used in internal decision-making or advice given to customers and investors.' Completion of QKD sandbox On Tuesday, Chia also announced that MAS has successfully completed its sandbox trial for quantum key distribution (QKD) – a secure method for exchanging cryptographic keys. The sandbox, launched in August 2024, tested how QKD can be used to protect sensitive financial data against future cybersecurity threats posed by quantum computing. A technical report detailing the results and key findings will be published soon. 'The report will also highlight challenges for future work,' said Chia. 'We are confident that further work by the industry can address these challenges and enable wider adoption of QKD in time to come.' MAS has also begun working with financial institutions to prepare for a 'quantum-safe' transition, as future advances in quantum computing could render today's encryption standards obsolete. The central bank will review how financial institutions manage their cryptographic inventory and identify critical assets that should be prioritised for quantum-safe migration, said Chia. They 'should kick-start their preparation early', he added. 'Given the complexity and scale, a full transition is expected to take time and significant effort.'
Yahoo
02-07-2025
- Business
- Yahoo
QUBT Soars on Quantum Communication Breakthrough: More Upside Ahead?
In June 2025, Quantum Computing Inc. QUBT achieved a pivotal milestone with the shipment of its first commercial entangled photon source. This marked the company's formal entry into the emerging market of quantum communication and cybersecurity. This product, built on Spontaneous Parametric Down-Conversion (SPDC) using a bulk-format lithium niobate (PPLN) structure, operates in the C-band telecommunication range and is fully compatible with today's fiber optic infrastructure, making it suitable for integration into quantum networking testbeds and secure communications research environments. Quantum Computing's shipment to a leading South Korean research institution marks a key step in the quantum communication and cybersecurity market. This milestone validates both the technical readiness and global demand for QUBT's quantum platform and sets the stage for broader adoption in quantum-secure networking and Quantum Key Distribution (QKD), a critical solution as traditional encryption faces quantum threats. Quantum Computing plans to miniaturize future versions using its thin-film lithium niobate (TFLN) technology at its Tempe foundry, enhancing both performance and integration. This will not only boost its quantum communication offering but also support internal demand for its TFLN foundry. D-Wave Quantum QBTS: The company is gaining strong commercial traction, reporting $15 million in first-quarter 2025 revenues, a 509% year-over-year surge, and emerging as one of the top-performing quantum stocks of the year. Its Advantage2 system, featuring over 4,400 qubits, is cloud-accessible and underpins its leadership in quantum annealing. D-Wave is also branching into gate-model computing and has raised $400 million to accelerate growth and acquisitions. With key partnerships like Mastercard, Ford and a growing patent portfolio, D-Wave poses a serious competitive threat in real-world quantum optimization. IonQ IONQ: It is accelerating its leadership in trapped-ion quantum computing through strategic moves, including the acquisition of Lightsynq to boost photonic interconnects and a $1.075 billion deal to acquire Oxford Ionics to advance modular, high-fidelity systems. Backed by the Texas Quantum Initiative and expanding cloud integrations, IonQ is positioning itself for fault-tolerant computing and quantum networking, directly challenging QUBT as both companies scale in photonics and communication technologies. Quantum Computing has rallied 50.3% in a month compared with the industry's 6.3% growth and the sector's 7.3% rise. The S&P 500 index, meanwhile, has improved 4.1% during the said period. Image Source: Zacks Investment Research Based on short-term price targets, Quantum Computing is currently trading 14.8% below its average Zacks price target. Image Source: Zacks Investment Research QUBT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quantum Computing Inc. (QUBT) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
