Back to top

Image: Bigstock

Can IonQ's Latest Carahsoft Deal Accelerate Federal Quantum Adoption?

Read MoreHide Full Article

Key Takeaways

  • IonQ and Carahsoft will expand quantum technology adoption across Federal agencies and industry partners.
  • IONQ's Carahsoft deal will ease federal procurement through reseller networks and contract vehicles.
  • IONQ advanced to DARPA's final benchmarking stage and delivered a quantum network with AFRL.

IonQ’s (IONQ - Free Report) latest partnership comes as the Federal Government steps up its commitment to quantum innovation. The company has teamed up with Carahsoft Technology Corp. to expand the adoption of quantum computing, networking, sensing and security across Federal agencies and their industry partners. Under the agreement, Carahsoft will serve as IonQ’s Public Sector distributor, enabling Government agencies to purchase IonQ technology through its reseller partners.

Executive Order 14413, Ushering in the Next Frontier of Quantum Innovation, calls for a government-wide effort to accelerate quantum commercialization and deployment while encouraging collaboration with the U.S. industry. Through this partnership, the two companies seek to make emerging quantum technologies more accessible to Federal agencies, streamline procurement and address mission-critical national security needs.

IonQ’s full-stack quantum platform extends beyond computing to include networking, security and sensing. These technologies serve complementary roles: sensing provides precise measurements, networking connects systems, security protects information, and computing addresses complex analytical challenges. Together, they give agencies and partners a foundation for coordinating how information is collected, connected, protected and processed.

Carahsoft will support procurement and pricing, access to applicable contract vehicles, channel sales, product resale and distribution. This arrangement is intended to help resellers and Federal systems integrators align their offerings with agency requirements.

The announcement adds to IonQ’s solid track record of working with government agencies. The company has advanced to Stage C, the third and final stage of the Defense Advanced Research Projects Agency’s (“DARPA”) Quantum Benchmarking Initiative, where its utility-scale quantum computing approach is set to undergo independent verification and validation. Through its collaboration with the Air Force Research Laboratory (“AFRL”), IonQ has delivered a quantum network in Rome, NY, and is continuing work to extend the network’s optical, hardware and software capabilities toward operational interoperability.

Latest Developments Among IONQ’s Peers

D-Wave Quantum Inc. (QBTS - Free Report) ,or D-Wave, announced new performance enhancements to its Stride hybrid solver. In key benchmark testing, the enhanced solver found better solutions in 15 seconds than the previous version found in 120 seconds. D-Wave also launched a new, three-course Applied Quantum Optimization learning path to accelerate hybrid-quantum optimization adoption. Together, the enhanced solver and training courses further equip developers to apply quantum optimization to complex, real-world business challenges.

IBM (IBM - Free Report) , in collaboration with Microsoft, announced a new agentic platform named Imagine Enterprise, designed to help enterprises build, run and govern AI agents that help people execute industry-specific processes. IBM Consulting and Microsoft have combined their technologies and expertise with forward-deployed engineering support for qualifying engagements to help enterprises accelerate AI deployment. Imagine Enterprise’s industry-specific frameworks initially include financial services, insurance and retail, and are designed to establish a repeatable blueprint for potential additional industries such as manufacturing, energy, public sector, mobility and more in the future.

The Zacks Rundown for IONQ Stock

Over the past six months, IonQ shares have plunged 38.4% compared with the industry’s 1.4% decline.

Zacks Investment Research
Image Source: Zacks Investment Research

IONQ is trading at a forward 12-month price-to-sales (P/S) of 19.70X compared with 3.38X industry average. 

Zacks Investment Research
Image Source: Zacks Investment Research

Estimates for IonQ’s 2026 and 2027 loss per share have seen mixed revisions over the past few months, as shown in the chart below.

Zacks Investment Research
Image Source: Zacks Investment Research

IONQ stock currently carries a Zacks Rank #5 (Strong Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Published in