IonQ Secures $5.7M Contract With ARLIS To Design Multi-Node Blind Quantum Computing System
Portfolio Pulse from Benzinga Newsdesk
IonQ has secured a $5.7 million contract with ARLIS to design a multi-node blind quantum computing system. This project extends IonQ's work with the federal government on quantum initiatives and includes future phases for construction, delivery, and maintenance. ARLIS will also research the cybersecurity of multi-party quantum computation.

August 06, 2024 | 2:01 pm
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IonQ has secured a $5.7 million contract with ARLIS to design a multi-node blind quantum computing system, extending their work with the federal government on quantum initiatives.
The $5.7 million contract with ARLIS is a significant win for IonQ, as it not only provides immediate revenue but also strengthens their relationship with the federal government. The project’s future phases for construction, delivery, and maintenance suggest potential for additional revenue streams. Additionally, ARLIS's research into the cybersecurity of multi-party quantum computation could enhance IonQ's technological capabilities and market position.
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