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UPDATED: DARPA Selects IonQ to Produce Next-Generation Atomic Clocks

$IONQPress releaseAug 6, 2026, 11:34 PM ETRead the release

IonQ secured a $28 million contract extension from DARPA for its Evergreen-05 atomic clocks, with an additional $30 million option bringing the total potential value to $58 million. The agreement covers the delivery of 25 units initially, with the option for 100 more, directly validating the strategic acquisition of Vector Atomic in 2025.

Key figures

Deal Value Usd
58000000
Units base
25
Units option
100
Contract option usd
30000000
Units total potential
125
Capital investment usd
15000000
Contract modification usd
28000000

AI analysis

Red flags1 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.