Shares of IonQ, Inc. (IONQ) surged after major technical and contract milestones.
The stock is currently trading at $34.86, up $5.10 or 17.14%, on the NYSE. It opened at $31.78 after closing the previous session at $29.76. The stock has traded between $23.49 and $84.64 over the past 52 weeks.
IonQ announced a breakthrough in photonic interconnects, successfully linking two quantum systems.
The company also secured a contract under DARPA's HARQ program to develop advanced quantum interconnect technologies.
The developments strengthen IonQ's position in building modular, distributed quantum systems, a critical path toward future quantum internet infrastructure.
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