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IonQ, Inc. is a leading quantum computing company that develops advanced quantum computing systems to solve complex problems and drive innovation across industries. The company provides access to its quantum computers through cloud platforms, sells specialized hardware, and offers professional services to help businesses leverage quantum technology. IonQ is committed to advancing quantum computing capabilities and achieving quantum advantage through its proprietary technology and strategic partnerships.
- Quantum-Computing-as-a-Service (QCaaS) - Provides access to quantum computing systems via major cloud platforms like Amazon Web Services, Microsoft Azure Quantum, and Google Cloud Marketplace, as well as through IonQ's own cloud service.
- Quantum Computing Systems - Develops proprietary quantum hardware, firmware, and operating systems to enhance computational capabilities, including higher qubit stability and fidelity.
- Hardware Sales and Support - Sells specialized quantum computing hardware along with maintenance and support services.
- Professional Services - Offers consulting and support to help customers integrate quantum computing into their business operations.
- Future Full-System Sales - Plans to sell enterprise-grade quantum computing systems for cloud-based or local deployment, including models like IonQ Forte Enterprise and IonQ Tempo.
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Can you provide more clarity on how the Qubitekk acquisition will impact your operating expenses going forward, and how much incremental OpEx should we expect from integrating their team and technology?
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Given your recent expansion of partnerships and awards, as well as plans to grow your team, how should we think about your operating expenses in the coming quarters, and what measures are you taking to ensure efficient scaling?
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With a significant portion of your recent bookings coming from government contracts, can you quantify the near-term government spending opportunity at both national and international levels, and how do you plan to balance this with growing commercial revenues? ,
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Regarding your focus on quantum applications with partners like AstraZeneca and ANSYS, can you elaborate on how these applications differ from previous one-off projects, and how they will contribute to your revenue and commercialization strategy over time?
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Considering your substantial investments in R&D and the expectations for profitable growth and positive free cash flow, can you provide more details on your timeline for achieving these goals, and what milestones we should look for in the coming quarters?