IonQ closes acquisition of Capella Space for 7.4M shares; targets space-based QKD network

IonQ, Inc.

Transaction closed July 11, 2025; aggregate consideration of 7,401,396 shares of IonQ common stock.
Acquisition integrates Capella's SAR satellite constellation for space-based quantum key distribution.
Registration Rights Agreement grants Capella securityholders registration rights for the stock consideration.
Builds on prior ID Quantique deal and AFRL/ARLIS quantum networking contracts.
Capella CEO Frank Backes will join IonQ; Niccolo de Masi remains IonQ CEO.

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