IonQ signs DARPA Stage C agreement worth up to $300 million
IONQ•IonQ signed a Stage C agreement with DARPA’s Quantum Benchmarking Initiative worth up to $300 million. The stage runs through 2029, and funding beyond the initial obligation depends on future appropriations and DARPA funding actions.
1. Agreement details
The agreement calls for multiple generations of IonQ’s Superion systems to undergo DARPA independent verification and validation through Stage C, which runs through 2029. Funding beyond the initial obligation remains subject to future appropriations and DARPA funding actions.
