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COLLEGE PARK, Md. - IonQ (NYSE:IONQ), the quantum computing company currently valued at $10.9 billion with a remarkable 410% stock return over the past year, has expanded its intellectual property portfolio to more than 1,000 licensed, owned, or controlled patents and patent applications, the company announced Wednesday. According to InvestingPro analysis, the company maintains a strong financial position with more cash than debt on its balance sheet.
The milestone includes recently issued U.S. patents focused on trapped-ion quantum computing technology. Among the new patents are innovations for secure long-distance quantum networking and self-aligned fabrication processes for quantum memory devices. With a current ratio of 7.76, IonQ’s strong liquidity position supports its continued innovation efforts.
"These patents position IonQ to continue to develop scalable, high-performance, cost effective systems that accelerate the timeline for unparalleled commercial quantum advantage," said Niccolo de Masi, Chairman and CEO of IonQ, according to the company’s statement.
The company’s patent portfolio now encompasses technologies across multiple industries and applications. The total includes intellectual property from Lightsynq Technologies, IDQ (in which IonQ holds a majority stake), and Oxford Ionics (which IonQ intends to acquire pending closure of terms signed in June 2025). While the company’s revenue grew 67.8% in the last twelve months, InvestingPro subscribers can access 13 additional key insights about IonQ’s financial health and market position through the comprehensive Pro Research Report.
Two recently issued patents highlight the company’s focus on quantum networking and fabrication processes. U.S. Patent 12,260,113, issued March 25, 2025, covers portable quantum memory packages for quantum network nodes. U.S. Patent 12,265,254, issued April 1, 2025, relates to self-aligned fabrication processes for coupling photonic waveguides in quantum memory devices.
IonQ currently offers quantum computers including IonQ Forte and IonQ Forte Enterprise. The company has stated its intention to deliver quantum computers with 2 million qubits by 2030.
The information in this article is based on a press release from IonQ.
In other recent news, IonQ, Inc. reported second-quarter 2025 revenue that exceeded market expectations, prompting the company to raise its full-year 2025 revenue outlook to $82-100 million from a previous range of $75-95 million. This strong financial performance led Needham to reiterate a Buy rating with a $60.00 price target for the company. Meanwhile, Morgan Stanley increased its price target for IonQ to $32.00 from $30.00, maintaining an Equalweight rating, reflecting the company’s valuation within the quantum peer group. Conversely, DA Davidson downgraded IonQ from Buy to Neutral, citing limited visibility as a concern, but kept its price target at $35.00.
In corporate developments, IonQ’s board approved new restricted stock unit grants and a salary increase for CEO Niccolo de Masi, with his annual base salary now set at $700,000. Additionally, the company strengthened its leadership team by appointing four new vice presidents in various divisions, including corporate development and engineering. These strategic moves are part of IonQ’s efforts to bolster its executive team and align with its growth trajectory.
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