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Home›Earnings›Previews›IonQ could benefit from Pentagon quantum funding push

IonQ could benefit from Pentagon quantum funding push

The Defense Department pledged about $350 million, and IonQ, along with DARPA’s Quantum Benchmarking Initiative, is listed among key beneficiaries, though the near-term revenue impact is unclear.

The Pentagon has pledged roughly $350 million for quantum computing, according to MarketBeat Ratings.

MarketBeat Ratings says IonQ and DARPA’s Quantum Benchmarking Initiative are emerging as key beneficiaries of the Defense Department funding, even as the potential revenue impact remains uncertain.

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