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IonQ Completes Elisity Acquisition

IonQ completed its all-stock acquisition of Elisity, Inc. on November 4, 2026. At closing, IonQ issued $1.15 billion of common-stock consideration, and Elisity's sellers may receive up to an additional $150 million based on revenue milestones through January 2028. The transaction adds Zero Trust security technology to IonQ's post-quantum cryptography and quantum key distribution capabilities.

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Key takeaways

  • IonQ completed the acquisition of Elisity on November 4, 2026 through an all-stock transaction.

  • IonQ issued $1.15 billion of common-stock consideration at closing.

  • The acquisition combines Zero Trust security technology with IonQ's post-quantum cryptography and quantum key distribution capabilities.

  • Elisity's sellers may earn up to an additional $150 million based on revenue milestones through January 2028.

  • Elisity will continue under its current leadership, with customers supported by the same teams and platform as their existing deployments and identity policies carry forward.

  • Elisity has more than 100 established enterprise deployments.

  • The release did not disclose target sales, the number of IonQ shares issued, the exchange ratio, or quantified financial-results and guidance impacts.

Key metrics

Common-stock consideration at closingNovember 4, 2026
$1.15 billion
Potential additional contingent considerationThrough January 2028
up to $150 million
Established enterprise deployments
100+

Primary source

TickerStar generated this brief from an official company, investor-relations, earnings-call, or regulatory source. Review the primary material before making an investment decision.

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