IonQ Stock Rises as SkyWater Shareholders Approve SKYT Merger Deal SkyWater Technology, Inc. (SKYT) shareholders approved the company’s merger agreement with IonQ, Inc. (IONQ), marking a significant milestone in IonQ’s planned acquisition of the U.S.-based chip foundry. The vote, which took place at a special shareholder meeting, clears a critical hurdle in the deal, though finalization remains pending regulatory approvals and other customary closing conditions. The merger is expected to close in the second or third quarter of 2026, as outlined in SkyWater’s press release. The approval came as IonQ’s stock surged 3.27% on Friday, closing at $49.24. Analysts maintain a Moderate Buy rating for the stock, with an average price target of $60.86, suggesting approximately 23% upside from the last trading price. This positive movement reflects investor confidence in the merger’s potential to strengthen IonQ’s position in the quantum computing and semiconductor industries. IonQ, a quantum technology firm specializing in quantum computers and related systems, aims to expand its capabilities by integrating SkyWater’s expertise in chip manufacturing and advanced packaging. SkyWater operates fabrication facilities in Minnesota, Florida, and Texas, serving both commercial clients and federal defense programs. The merger is expected to enhance IonQ’s access to U.S.-based chip production capabilities, which are critical for scaling quantum systems and meeting the demands of defense and technology sectors. The strategic alignment between the two companies is particularly notable given SkyWater’s involvement in defense-grade work and emerging technologies like quantum computing.#quantum_computing #ionq #skywater_technology #skywater #chip_foundry
"The way we move light": Tiny optical chips smaller than a grain of salt could save data centers billions New beam-steering chip smaller than a grain of salt could cut hardware demands in quantum computing and high-performance data centers. #data_centers #quantum_computing #Tiny_optical #move_light #chips_smaller #cut_hardware #hardware_demands
Coinbase advisory board says quantum computing threat is on the horizon, crypto needs a plan #Coinbase #quantum_computing #computing_threat #Coinbase_advisory #advisory_board
A simple explainer on what quantum computing actually is, and why it is terrifying for bitcoin #bitcoin #simple #quantum_computing #simple_explainer #explainer
Google says quantum computing will crack bitcoin cryptography sooner than expected, estimating a 10% chance of 'Q-Day' by 2032 The clock is ticking on cryptocurrency. #Google #quantum_computing #Q-Day #crack_bitcoin #bitcoin_cryptography #cryptography_sooner
Google Prepares Android 17 to Counter Future Quantum Cyberattacks For over three decades, the security of our devices has relied on mathematical problems so complex that solving them without the correct key is practically impossible. However, quantum computers pose a significant threat by leveraging their unparalleled computational power to break traditional encryption algorithms in seconds. To prevent a potential digital crisis, Google has announced a major update: it will integrate post-quantum cryptography (PQC) standards into Android 17. This change will begin testing in the upcoming beta version of the operating system, with the goal of making it a core feature in the final release. The update aims to protect critical aspects of mobile devices. Google plans to enhance the bootloader manager with quantum-resistant digital signatures to prevent malicious actors from compromising the secure boot chain. This is particularly important given current espionage tactics, such as stealing encrypted data today and decrypting it later when quantum technology advances. While these measures address future risks, experts caution that quantum computing is not an immediate threat to everyday users. The most pressing dangers remain unchanged: downloading malicious apps, falling for phishing scams, or using weak passwords. Even with advanced security, users who neglect basic precautions leave themselves vulnerable to common cyber threats. The implementation of such robust encryption could also impact device performance, especially on budget smartphones. As these phones adopt the new standards, users may notice slower operations or increased battery consumption. This raises questions about the balance between security and usability, particularly for devices with limited hardware capabilities.#quantum_computing #google #android_17 #post_quantum_cryptography #secure_boot_chain
'The future lies in quantum-centric supercomputing': IBM reveals its next big plan for developing next-gen quantum computing, but are we any closer to real-world launches? IBM’s quantum-centric supercomputing architecture integrates quantum processors with classical clusters to accelerate scientific discovery, although practical deployment remains largely experimental. #computing #IBM #quantum_computing #real-world_launches #IBM_reveals #future_lies #big_plan #developing_next-gen #quantum-centric_supercomputing #next-gen_quantum
Cathie Wood's Ark Invest says quantum computing is a long-term risk for bitcoin, not an imminent threat #Ark_Invest #Cathie_Wood #quantum_computing #Wood_Ark #imminent_threat
To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing #billion #freeze #quantum_computing #bitcoin_threatened #Satoshi
