IonQ rises after advancing to final stage of US quantum testing program

IonQ

08/10/2026 11:13

** Quantum computing company IonQ's IONQ.N shares climb 1.52% to $41.97 premarket
** Co announces advancement to third stage of US Defense Advanced Research Projects Agency's quantum benchmarking initiative
** The move marks a vote of confidence in IONQ's quantum computing
** DARPA is a US government agency that funds and develops advanced technologies for national defense 
** Its QBI program is testing which quantum computers can eventually become powerful and reliable enough for real-world use 
** The third stage is the final testing and validation phase, which will run through 2029 and carries a potential value of up to $300 million  
** As of last close, IONQ down 7.87% YTD

 (Reporting by Jayasree Prabhu)
 ((jayasree.prabhu@thomsonreuters.com))