The companys bookings number is impressive and well ahead of projections. Its anticipated to be around $40mln and for a quantum company that's in the early days its impressive. They also expect to be in 2.5 yrs on par with super computers in several apps and than really off to the races. Supercomputers probably wont even be in the same realm. They state most other quantum competing technologies are several years behind them including the google and amazons of the world that are focusing on superconductor tech as opposed to IONQs organic charged atomes. Oh and Google, Amazon Dell and other have invested in them. First to market is pretty big in penetrating a greater share in the beginning within the sector. OPEX has increased significantly due to strong demand which is a very good thing (with a nice chunk toward manufacturing) and they still have a significant amount of cash on hand. Due some Due Diligence as I talked about this 1 month back in the $4 range. Price just hit over $7 today. Two weeks ago Nvidia announced a new group of partners with IONQ being one of them, integrating CUDA Quantum into their platform. I Think of IONQ as possibly the next Nvidia that companies/govts/universities/etc will leverage there tech and apps with throughout numerous sectors/industries…I owned Nvidia at $28 and honestly I wish I held my original full position grrrrr lol but I still own some.
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