We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
IonQ Deepens Quantum Capabilities With Strategic M&A Push
Read MoreHide Full Article
Key Takeaways
IonQ signed deals to acquire Seed Innovations and SkyWater Technology to expand its quantum platform.
IonQ's $35-per-share SkyWater deal values the firm at $1.8B, forming a vertically integrated platform.
IonQ adds software, manufacturing and quantum-secure capabilities via multiple strategic acquisitions.
IonQ (IONQ - Free Report) is accelerating the strategy to build an enterprise-quality, full-stack platform through targeted mergers and acquisitions that expand its software, manufacturing and quantum-secure communications capabilities.
In January 2025, IonQ signed a definitive agreement to acquire Seed Innovations, enhancing its capabilities in machine learning, advanced software architecture and cloud migration. The transaction strengthens IonQ’s software foundation as it advances the world’s only enterprise-grade, full-stack quantum platform.
In the same month, IonQ also entered into a definitive agreement to acquire SkyWater Technology (SKYT - Free Report) for $35.00 per share in a cash-and-stock transaction, subject to a collar, valuing it at approximately $1.8 billion. The combination will create the first vertically integrated quantum platform company, uniting IonQ’s proprietary technology with SkyWater’s onshore R&D and manufacturing capabilities. The merged entity is positioned to accelerate innovation across aerospace and defense, pharmaceuticals, finance and cloud and enterprise computing.
The above-mentioned agreements join a growing portfolio of strategic quantum acquisitions, including Skyloom, Vector Atomic, Capella Space, Oxford Ionics, ID Quantique, Lightsynq and Qubitekk.
Peer Update
Quantum Computing Inc. or “QCi” (QUBT - Free Report) recently completed the acquisition of Luminar Semiconductor, Inc., a wholly owned subsidiary of Luminar Technologies, Inc. in an all-cash transaction valued at $110 million. The acquisition represents a significant milestone in QCi’s strategy to build a vertically integrated, product-driven photonics and quantum technology platform. Earlier, in 2022, QCi completed its previously announced merger agreement to acquire QPhoton, Inc., a quantum photonics innovator that developed a quantum photonic system (“QPS”). This deal enabled QCi to deliver a ready-to-run, full-stack QPS designed for real-world business applications and accessible to non-quantum experts.
Rigetti Computing (RGTI - Free Report) made no major acquisitions in 2025 but announced several notable partnerships and contracts. The company was awarded a three-year, $5.8 million contract from AFRL to advance superconducting quantum networking. Rigetti will be collaborating with QphoX on the project, a Dutch quantum technology startup developing leading frequency conversion systems for quantum applications. Also, it signed a memorandum of understanding with C-DAC, India’s premier R&D organization under the Ministry of Electronics and Information Technology. Rigetti was also involved in the collaboration with MSU to advance quantum computing research and innovation.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
View the Zacks #1 Rank List
Image: Bigstock
IonQ Deepens Quantum Capabilities With Strategic M&A Push
Key Takeaways
IonQ (IONQ - Free Report) is accelerating the strategy to build an enterprise-quality, full-stack platform through targeted mergers and acquisitions that expand its software, manufacturing and quantum-secure communications capabilities.
In January 2025, IonQ signed a definitive agreement to acquire Seed Innovations, enhancing its capabilities in machine learning, advanced software architecture and cloud migration. The transaction strengthens IonQ’s software foundation as it advances the world’s only enterprise-grade, full-stack quantum platform.
In the same month, IonQ also entered into a definitive agreement to acquire SkyWater Technology (SKYT - Free Report) for $35.00 per share in a cash-and-stock transaction, subject to a collar, valuing it at approximately $1.8 billion. The combination will create the first vertically integrated quantum platform company, uniting IonQ’s proprietary technology with SkyWater’s onshore R&D and manufacturing capabilities. The merged entity is positioned to accelerate innovation across aerospace and defense, pharmaceuticals, finance and cloud and enterprise computing.
The above-mentioned agreements join a growing portfolio of strategic quantum acquisitions, including Skyloom, Vector Atomic, Capella Space, Oxford Ionics, ID Quantique, Lightsynq and Qubitekk.
Peer Update
Quantum Computing Inc. or “QCi” (QUBT - Free Report) recently completed the acquisition of Luminar Semiconductor, Inc., a wholly owned subsidiary of Luminar Technologies, Inc. in an all-cash transaction valued at $110 million. The acquisition represents a significant milestone in QCi’s strategy to build a vertically integrated, product-driven photonics and quantum technology platform. Earlier, in 2022, QCi completed its previously announced merger agreement to acquire QPhoton, Inc., a quantum photonics innovator that developed a quantum photonic system (“QPS”). This deal enabled QCi to deliver a ready-to-run, full-stack QPS designed for real-world business applications and accessible to non-quantum experts.
Rigetti Computing (RGTI - Free Report) made no major acquisitions in 2025 but announced several notable partnerships and contracts. The company was awarded a three-year, $5.8 million contract from AFRL to advance superconducting quantum networking. Rigetti will be collaborating with QphoX on the project, a Dutch quantum technology startup developing leading frequency conversion systems for quantum applications. Also, it signed a memorandum of understanding with C-DAC, India’s premier R&D organization under the Ministry of Electronics and Information Technology. Rigetti was also involved in the collaboration with MSU to advance quantum computing research and innovation.