IonQ Announces Plans For First Space-Based Quantum Key Distribution Network

Building on its acquisition of quantum networking company Qubitekk, IonQ announces it has entered into an agreement to acquire Capella Space with plans to unlock the world's first space-based quantum-secure communications network

Acquisition will encourage the development of global QKD infrastructure and extend IonQ's vision for the quantum internet

IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced plans to launch a global space-to-space and space-to-ground satellite quantum key distribution (QKD) network, highlighting its ambitions to be the first company to have both a quantum network and quantum computer in space. To facilitate development of this network, IonQ has signed a definitive agreement to acquire Capella Space Corporation, a signals platform leader for top-secret government and commercial applications. The transaction is expected to close in the second half of 2025 subject to the satisfaction of customary closing conditions, including the receipt of regulatory approvals.