financetom
Business
financetom
/
Business
/
IonQ Stock Is Trading Higher Today: What's Going On?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IonQ Stock Is Trading Higher Today: What's Going On?
Nov 13, 2024 8:31 AM

IonQ Inc ( IONQ ) shares are trading higher. The company on Wednesday announced the issuance of five new U.S. patents.

What Happened: Quantum computing company IonQ ( IONQ ) said it was issued five new patents designed to deliver benefits across multiple industries and applications.

The new patents build on IonQ’s technical achievements including quantum circuit optimization, improved gate operations, reduced noise, error mitigation techniques and multi-beam improvements.

IonQ ( IONQ ) received three patents related to performance, one patent related to error handling and one patent related to the company’s scalable manufacturing and computing techniques.

US Patent No. 12,088,351, titled “Double Individual-Addressing Multi-Beam Raman System” 

US Patent No. 12,033,031, titled “Quantum Circuit Optimization”

US Patent No. 12,056,573, titled “Amplitude, Frequency, and Phase Modulated Entangling Gates for Ion Trap Quantum Computers”

US Patent No. 12,086,691, titled “Techniques for Controlling Small Angle Mølmer-Sørensen Gates and for Handling Asymmetric Spam Errors”

US Patent No. 12,028,604, titled “Camera Server for Heterogeneous Cameras”

“IonQ’s robust and growing portfolio of patents is a direct result of the strategy set forth five years ago, which entails developing and owning quantum technologies across multiple industries and applications,” said Peter Chapman, president and CEO of IonQ ( IONQ ).

“These patents put IonQ ( IONQ ) in a position to continue to develop scalable, high performance systems to solve some of the world’s most complex questions, under the protection of the U.S. Patent and Trademark Office.”

With the company’s pending acquisition of Qubitekk, which holds 118 patents, IonQ ( IONQ ) will have a total of over 600 U.S. and international issued and pending patents.

See Also: Rivian’s Deal With Volkswagen Will Help EV Giant ‘Navigate The Ship In Stormy Waters’: Analyst

IONQ Price Action: IonQ ( IONQ ) shares were up 7.15% at $24.65 at the time of publication, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Onar Signs LOI To Acquire New York-Based Growth Marketing Firm
BRIEF-Onar Signs LOI To Acquire New York-Based Growth Marketing Firm
Oct 7, 2025
Oct 7 (Reuters) - Onar Holding Corp ( ONAR ): * ONAR SIGNS LOI TO ACQUIRE NEW YORK-BASED GROWTH MARKETING FIRM, WHICH IF CLOSED, WILL ADD SEVEN-FIGURE RECURRING REVENUE AND EXPAND ITS AI-DRIVEN MARKETING PLATFORM Source text: Further company coverage: ...
Sector Update: Consumer Stocks Lean Lower Premarket Tuesday
Sector Update: Consumer Stocks Lean Lower Premarket Tuesday
Oct 7, 2025
09:08 AM EDT, 10/07/2025 (MT Newswires) -- Consumer stocks were leaning lower premarket Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) and Consumer Discretionary Select Sector SPDR Fund ( XLY ) marginally declining. McCormick ( MKC ) stock was down more than 1% after the company lowered its fiscal 2025 outlook for adjusted earnings per share....
flyExclusive Announces Strategic Acquisition of Volato’s Aircraft Sales Division, Vaunt Platform, and Mission Control Software
flyExclusive Announces Strategic Acquisition of Volato’s Aircraft Sales Division, Vaunt Platform, and Mission Control Software
Oct 7, 2025
Structured transaction delivers immediate aviation value and secures future growth assets KINSTON, N.C.--(BUSINESS WIRE)-- flyExclusive, Inc. (NYSEAMERICAN: FLYX) (“flyExclusive” or the “Company”), a leading provider of premium private jet experiences, today announced it has entered into a structured agreement with Volato Group, Inc. ( SOAR ) to acquire Volato’s aircraft sales division, expected to generate $6-8 million in profit...
Bluewave Technology Group Acquires Streamline Communications, Expanding Technology Advisory Services Footprint to Western U.S. Region
Bluewave Technology Group Acquires Streamline Communications, Expanding Technology Advisory Services Footprint to Western U.S. Region
Oct 7, 2025
SAN CLEMENTE, Calif., Oct. 7, 2025 /PRNewswire/ -- Bluewave Technology Group (Bluewave), a leader in technology advisory and sourcing, today announced the acquisition of Streamline Communications, a technology solutions provider in Greater Salt Lake City, Utah. This acquisition brings Bluewave into the Utah market while providing Streamline Communications' clients access to Bluewave's deep bench of solution advisory expertise. Founded in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved