Overview
- IonQ shares surged about 15% Monday after SkyWater investors approved the deal, lifting the stock to roughly $57 and a six‑month high.
- The companies still need regulatory approvals, with closing targeted for the second or third quarter of 2026.
- The planned buyout would fold SkyWater’s U.S. chip fabrication and advanced packaging into IonQ to secure a domestic, defense‑capable supply chain.
- IonQ reported record first‑quarter revenue of $64.7 million and raised its 2026 outlook to $260 million to $270 million, yet posted a $96.8 million adjusted EBITDA loss.
- IonQ also said it validated a photonic interconnect, a step that uses light to link trapped‑ion processors so future quantum systems can scale and network.