ZenaTech Advances Quantum Computing Hardware Platform, Prototype Expected by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: Globenewswire
- Quantum Market Growth: According to MarketsAndMarkets, the quantum computing market is projected to grow from $3.52 billion in 2025 to $20.20 billion by 2030, with a CAGR of 41.8%, highlighting significant potential and investment opportunities in this sector.
- ZenaTech Prototype Progress: ZenaTech is developing a proprietary quantum computing hardware platform, with a five-qubit prototype expected to be completed in 2026, which will provide robust support for U.S. defense and security applications, enhancing data processing and real-time decision-making capabilities.
- AI and Quantum Integration: The quantum computing platform will integrate with AI technologies to optimize real-time data analysis in agriculture, logistics, and infrastructure, directly driving revenue growth and enhancing market competitiveness.
- Defense Application Prospects: Advances in quantum computing are set to significantly improve the speed, precision, and autonomy of drones, enhancing capabilities for defense ISR missions and meeting modern military demands for rapid and accurate intelligence.
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Analyst Views on IONQ
Wall Street analysts forecast IONQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IONQ is 75.91 USD with a low forecast of 47.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 45.490
Low
47.00
Averages
75.91
High
100.00
Current: 45.490
Low
47.00
Averages
75.91
High
100.00
About IONQ
IonQ, Inc. is engaged in the quantum computing and networking industry, delivering high-performance systems capable of solving complex commercial and research use cases. Its generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are cutting-edge systems, boasting 36 algorithmic qubits. It sells specialized quantum computing and networking hardware together with related maintenance and support. It also sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. It makes access to its quantum computers available via three cloud platforms, Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. Its product portfolio also includes quantum key distribution (QKD) systems, quantum random number generators (QRNGs), and single-photon detectors.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
IonQ Completes Acquisition of Skyloom Global
- Acquisition Completed: IonQ announced the completion of its acquisition of Skyloom Global, initially disclosed in November 2025, further solidifying its strategic positioning in the quantum networking sector.
- Technology Integration: The acquisition integrates Skyloom's deep expertise in free-space optical communications, photonic systems engineering, and secure data transmission into IonQ's quantum networking roadmap, expected to accelerate efforts in quantum key distribution and future quantum-enabled communications infrastructure.
- Market Reaction: IonQ's stock rose 1.25% in premarket trading to $46.06, reflecting a positive market perception of the acquisition, which may bolster investor confidence.
- Strategic Implications: By incorporating Skyloom's technological capabilities, IonQ enhances its competitive edge in quantum computing and lays a solid foundation for future quantum communication infrastructure, demonstrating foresight in the rapidly evolving quantum economy.

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IonQ Completes Acquisition of Skyloom, Accelerating Quantum Networking Strategy
- Acquisition Completed: IonQ has officially completed its acquisition of Skyloom Global Corp, a move aimed at enhancing its quantum networking infrastructure, which is expected to accelerate advancements in quantum key distribution and future quantum-enabled communications.
- Technology Integration: Skyloom's lightwave-optics technology will provide IonQ with high-performance communication capabilities, further refining its vision for distributed quantum entanglement and ultra-secure connectivity, thereby enhancing the company's competitive edge in the quantum networking space.
- Ongoing Acquisition Strategy: IonQ has also recently acquired SkyWater Technology and Oxford Ionics for over $1 billion, demonstrating its aggressive expansion strategy in the quantum computing sector.
- Market Reaction: Following the acquisition announcement, IonQ's stock rose by 0.90% to $45.90, reflecting positive market sentiment towards its acquisition strategy and potentially boosting investor confidence.

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