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dMY Technology Group Inc IV - Ordinary Shares - Class A Stock News
IonQ's technical breakthroughs have made it a top quantum computing player. Yet, despite its rapidly growing revenue, IonQ is burning cash at a notable clip.
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), the world's leading quantum company, today announced the continuation of its strategic partnership with the Korea Institute of Science and Technology Information (KISTI) and forthcoming delivery of a 100-qubit IonQ Tempo quantum system. The finalized agreement marks a key milestone in the establishment of South Korea's National Quantum Comp...
IonQ's robust third-quarter performance highlights the company's accelerating commercial adoption. It has achieved multiple technical milestones, further strengthening its position in low-error, scalable quantum computing.
IonQ's revenue is growing and could take off if the quantum computing industry meets analyst projections. However, its current valuation is much higher than those of most tech stocks.
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