IonQ (IONQ) was in focus on Monday as the quantum computing firm announced it has been awarded a government contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense initiative related to the Golden Dome.
The company did not disclose the size of the contract it was awarded but noted the total value of the contract has a ceiling of $151B. More than 2,400 companies are eligible to compete for future task orders issued under the SHIELD IDIQ contract framework.
“IonQ brings together a broad set of quantum technologies and supporting capabilities that reflect years of investment across computing, networking, sensing, and security,” said Niccolo de Masi, Chairman and CEO of IonQ, in a statement. “We look forward to continuing our work with U.S. government partners across a range of research, development, and innovation programs.”
IonQ shares were fractionally higher in extended trading.
