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IonQ Lands 100-Qubit Sale to South Korea’s KISTI

IonQ did not disclose price or delivery timing, leaving the near-term impact unclear.

Overview

  • IonQ will deliver a 100-qubit Tempo system to KISTI to support hybrid quantum‑classical research.
  • Company materials provided no financial terms and gave no delivery date for the system.
  • Reporting indicates 100 physical qubits yield about 64 algorithmic qubits after error correction, limiting practical capacity.
  • IonQ’s most powerful system earlier in 2025 was cited at 36 qubits, marking a step up yet still short of the thousands of algorithmic qubits research suggests are needed for breakthrough uses.
  • The coverage highlights investor caution, noting an estimated $18.3 billion market cap and roughly 229x sales, with the author not recommending the stock despite the deal.