What happens with IonQ on Wednesday? – Defiance Daily Target 2x Long Ionq Etf (Nasdaq: Ionx), IonQ (Nyse: IonQ)

IonQ Inc. Ion The stocks were on Wednesday after news of strategic cooperation to revolutionize satellite communications through quantum technology. The arrow has been abandoned from the gains since then.

The company announced a memorandum of understanding with South Korea, its headquarters Intellian Technologies Inc.Satellite Communication Solutions Company.

The two companies will jointly explore how safe quantum networks can convert “satellite communications”.

As part of the agreement, the two companies plan to assess how quantum network innovations can enhance the safety of communication via satellite networks.

Also read: Why are the Chinese stocks listed in the United States fall on Wednesday?

We look forward to working with Intellian to innovate and discover how quantum network technologies can secure free contacts.

“We also finally imagine the synchronization of quantum time as an alternative to the GPS (GPS”. The CEO also again stressed the strategic importance of South Korea for IonQ growth.

according to Benzinga ProIonQ has gained more than 237 % last year. Investors can expose the stock via Defiance Daily Target 2x Long Ionq Etf Ionx.

Earlier this week, Ionq confirmed a partnership with Japan World Business Research and Development Center (G-quat).

G-QUAT is a major section of the National Institute for Advanced Industrial Science and Technology (AIST). IonQ expects the partnership to enhance the development of quantum computing in the Asia Pacific region.

Price work: IonQ shares are traded by 1.70 % to $ 24.97 in the last check on Wednesday.

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