IonQ raises 2023 bookings expectations to $50M at midpoint

The company states: “IonQ announced that the Company is increasing its 2023 bookings expectations by twenty five percent to a range of $45 million to $55 million. At the midpoint, IonQ is now expecting more than 100% growth in bookings compared to last year’s record bookings performance of $24.5 million. IonQ’s increased bookings expectation comes on the heels of a recent 25.0 million CHF commercial transaction that will see IonQ install two future quantum systems in Europe, including an anticipated future #AQ1 64 system. Such a quantum computer would be capable of considering more than 18 quintillion different possibilities simultaneously, and is anticipated to demonstrate quantum advantage over the very best supercomputers across a variety of applications. This transaction will also allow IonQ to service its European customers out of a joint data center, with IonQ and its partner each managing 50% of the IonQ systems.”