On July 30, IONQ Inc. rose 5.35% in regular trading, trading at $34.57/share, with turnover of $175 million.

On the news front, IonQ announced after market close on July 29 that it has received the final regulatory approval required to complete its acquisition of SkyWater Technology. Following transaction close, SkyWater will operate as a wholly owned subsidiary of IonQ, with both companies expecting to finalize the deal on Friday.

This approval marks the final milestone in the acquisition process. Previously in May, SkyWater shareholders approved the deal at a special meeting, which at the time drove IonQ shares up nearly 15% and lifted the broader quantum computing sector. The completion of this vertical integration is expected to enhance IonQ's in-house manufacturing capabilities for its quantum computing hardware. Separately, Benchmark recently reiterated its positive outlook on the quantum technology sector, citing improving commercial viability for companies including IonQ.

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