IonQ wins $28 million DARPA contract extension for Evergreen-05 atomic clocks

Reuters2026/08/07 03:34

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IonQ received a USD 28 million DARPA contract extension under the It’s About Time program to scale Evergreen-05 optical atomic clock production.
The award modifies an existing DARPA agreement, covering manufacturing development, delivery of 25 clocks, and a USD 30 million option for 100 more.
If exercised, the option would lift total program value to as much as USD 58 million, with 125 units slated for U.S. government customers.
IonQ plans USD 15 million of investment in dedicated production space, manufacturing and test equipment, and additional staff to support deliveries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IONQ Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260806095651) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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IonQ wins $28 million DARPA contract extension for Evergreen-05 atomic clocks

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