Exhibit 99.1
IonQ Completes Acquisition of Capella Space, Advancing Vision for Space-Based Quantum Communications
Integration of Capellas satellite capabilities positions IonQ to pioneer the first global space-based quantum key distribution network
COLLEGE PARK, MD July 15, 2025 IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced the completion of its acquisition of Capella Space Corporation, an American space tech company with synthetic aperture radar (SAR) and satellite solutions for government and commercial applications. The closing marks a significant step in IonQs mission to develop the worlds first space-to-space and space-to-ground satellite quantum key distribution (QKD) network, enabling quantum-secure global communications.
With the acquisition now finalized, IonQ will begin developing a space-based QKD network by integrating Capellas satellite infrastructure with its quantum technology. Once complete, this QKD network will enable secure communications that prevents encryption keys from being intercepted or copied without detection. It will also serve as a platform for additional quantum networking and sensing growth vectors. Capella customers will have access to rapid, ultra-secure SAR and remote sensing through the first quantum-enabled Earth observation platform.
We have an exceptional opportunity to accelerate our vision for the quantum internet, where global QKD will play a foundational role in enabling secure communications, said Niccolo de Masi, CEO of IonQ. The integration of Capellas advanced space-based platform and proven constellation of deployed satellites along with IonQs quantum technologies is expected to bolster commercial applications, global defense, and intelligence missions.
Capella has been a long-time pioneer in space technology and we can now take actionable steps to push the boundaries further by building the first quantum-enabled Earth observation platform, said Frank Backes, CEO of Capella. Were excited to be joining the IonQ team on this new journey.
This acquisition, along with the previously announced ID Quantique agreement, strengthens IonQs position in advancing quantum networking technologies that are essential for building the quantum internet. This news builds on recent quantum networking contracts with the Applied Research Laboratory for Intelligence and Security (ARLIS) and the U.S. Air Force Research Laboratory (AFRL).
About IonQ
IonQ, Inc. [NYSE: IONQ] is a leading commercial quantum computing, quantum networking and quantum applications company, delivering high-performance systems aimed at solving the worlds most complex problems. IonQs current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results.
The company is accelerating its technology roadmap and intends to deliver the worlds most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQs advancements in quantum networking also positions the company as a leader in building the quantum internet.
The companys innovative technology and rapid growth were recognized in Newsweeks 2025 Excellence Index 1000, Forbes 2025 Most Successful Mid-Cap Companies list, and Built Ins 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.
IonQ Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words accelerate, achieve, advancing, building, enabling, expected, intends, mission, opportunity, pioneer, position, push, support, vision, will and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQs acquisition of, and partnerships with, other quantum computing companies, IonQs ability to effectively consummate and integrate such acquisitions and partnerships and the expected benefits thereof. IonQs quantum computing capabilities and plans; IonQs technology driving commercial quantum advantage or delivering scalable, fault-tolerant quantum computing in the future; the relevance and utility of quantum algorithms and applications run on IonQs quantum computers; the success of partnerships and collaborations between IonQ and other parties, including development and commercialization of products and services with such parties; the necessity, effectiveness, and future impacts of IonQs offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQs offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQs ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQs ability to deliver, and customers ability to generate, value from IonQs offerings; IonQs ability to deliver higher speed
and fidelity gates with fewer errors, enhance information transfer and network accuracy, or reduce noise and errors; IonQs ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQs and its suppliers businesses; IonQs ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQs ability to effectively enter new markets; IonQs ability to deliver services and products within currently anticipated timelines; IonQs inability to attract and retain key personnel; IonQs customers deciding or declining to extend contracts into new phases; the inability of IonQs suppliers to deliver components that meet expectations timely; changes in U.S. government spending or policy that may affect IonQs customers; and risks associated with U.S. government sales, including availability of funding and provisions that allow the government to unilaterally terminate or modify contracts for convenience; changes in laws and regulations affecting IonQs patents; and IonQs ability to maintain or obtain patent protection for its products and technology, including with sufficient breadth to provide a competitive advantage. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Companys filings, including but not limited to those described in the Risk Factors section of IonQs most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future.
Contacts
IonQ Media contact:
Jane Mazur
press@ionq.co
IonQ Investor Contact:
investors@ionq.co