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Benzinga
Benzinga
Business
Adam Eckert

IonQ Stock Is Hitting New Highs Thursday: What's Going On?

Munich,,Bavaria,,Germany,-,March,31,2023:,Ionq,Is,At

Shares of IonQ Inc (NYSE:IONQ) are trading higher Thursday morning after the quantum computing company announced a collaboration with the U.S. Department of Energy (DOE).

What To Know: IonQ and the DOE signed a memorandum of understanding (MOU) to advance quantum technologies in space. IonQ said it will design and showcase the execution of an orbital demonstration of quantum-secure communications using its satellite platform.

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