IONQ - IonQ reaffirms outlook bags $13.4M contract from Air Force Research Lab

• IonQ ( NYSE: IONQ ) shares gained ~8% premarket on Friday after the quantum computing firm secured a $13.4M contract from the U.S. Air Force Research Lab.
• The company will provide the lab with access to its trapped ion systems for quantum computing hardware research and for the development of quantum algorithms and applications.
• This agreement with AFRL was included in the previously identified late-stage opportunity in IonQ's booking forecast that was at risk of closing in 2022.
• In conjunction with this new contract win, IonQ ( IONQ ) also reaffirmed its previous financial outlook as stated in its latest earnings call from August 15, 2022. For the third quarter of 2022, the company still sees revenue between $2.6 and $2.9M.
• For the full year 2022, IonQ ( IONQ ) expects revenue between $10.2M to $10.7M.

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