IONQ - Quantum Computing Inc.: An Undervalued Quantum Computing Software Play
- Quantum Computing Inc. (QUBT) has developed a world-class technology that has the ability to solve the most complex problems at record speed.
- ‘Qatalyst,’ a one of its kind quantum application accelerator, bridges the gap between quantum computing and classical computing.
- The company’s technology can be used to optimize supply chains and transportation, as well as applied to various businesses in the life sciences and cyber security sectors.
- The quantum computing market is valued at $0.5 billion and is expected to grow to $65 billion by 2030, indicating a compound annual growth rate (CAGR) of 56%.
- There is a huge valuation gap between Quantum Computing Inc. and other comparable players in the market. I believe the market is undermining the potential that the Qatalyst software exhibits.
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Quantum Computing Inc.: An Undervalued Quantum Computing Software Play