Capella Space bets on quantum future under IonQ ownership
ST. LOUIS — Capella Space, the synthetic aperture radar (SAR) satellite company known for capturing high-resolution images of Earth in all weather and lighting conditions, is preparing for a major pivot — one that could redefine how Earth-observation data is delivered and secured.Earlier this month, IonQ, a Maryland-based quantum computing firm, announced its intent to acquire Capella in an all-stock deal valued at nearly $318 million. The acquisition is expected to close in the second half of 2025, pending regulatory approval. Capella will operate as a wholly owned subsidiary of IonQ but continue to run and upgrade its SAR satellite constellation.IonQ CEO Niccolo de Masi, a physicist and entrepreneur, took the company public in 2021 through a merger with a special purpose acquisiti...