
IonQ to Acquire Skyloom as It Expands Quantum Reach Into Secure Space Networks

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IonQ has announced its acquisition of Skyloom Global, a company specializing in space-based optical communication systems. This strategic move aims to enhance IonQ's efforts in establishing a secure global network for quantum key distribution (QKD), which is essential for protecting sensitive data. The acquisition will integrate Skyloom's technology for efficient data transfer between satellites and Earth, furthering IonQ's vision of combining quantum computing with secure communication. Despite the announcement, IonQ's stock fell by 1.72%, closing at $54.42.
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