Mentioned:
IONQ -13.52% QBTS -13.71%
The next exponential breakthrough in national defense might come from a new area of technology: quantum computing.
What’s happening:
- IonQ (NYSE: IONQ) has announced a new partnership with a subsidiary of General Dynamics to leverage leading edge quantum computing technology for national defense purposes
The big idea:
- IonQ and General Dynamics are aiming to co-develop quantum computing technology that can detect anomalies, identify threats in large datasets and improve data analysis at scale
Why it matters:
- Quantum computing continues to be one of the most promising areas of technological innovation for a wide variety of important security applications, including military combat and cyber attack prevention
Going deeper:
- IonQ also recently cut a notable deal with the United States Air Force to develop quantum systems and foundational infrastructure for distributed quantum computing
- Quantum computing has been quickly finding applications within the North American government of late, with D-Wave Quantum (NYSE: QBTS) previously striking a notable deal with Carahsoft Technology to accelerate the accessibility of quantum computing to both state and federal government agencies within America
