2024-05-23 08:40:00 ET
Summary
- IonQ has conducted test cases of its quantum computing technology with its work on airport and power grid optimization, demonstrating its potential commercial applications.
- IonQ is bringing current proven technology to market. Going forward now affords IonQ with a "first-mover" advantage to capture a large chunk of the potential market.
- Unfortunately, the current revenue and bookings may not justify its valuation.
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IonQ: Pushing For Commercialization, Valuation Still Frothy