• Quantum computing leader, IonQ, expects to complete a merger with dMY Technology (DMYI +0.1%), announced that it is tripling its expectation for 2021 total contract bookings compared to its earlier announced target of $5M to $15M.
• IonQ foresees these bookings to generate recognized revenue over the next three years.
• Among the recent operating momentum, it is the first quantum computing hardware provider available on Google Cloud Marketplace, partnership with SoftBank Investment Advisors for deploying quantum-first solutions in large enterprises and some others.
• The company is bringing quantum computing to the Fortune 500, along with leading governmental and academic institutions.
• Post the merger which is expected to be completed later this month, IonQ will be the world's first publicly-traded pure-play quantum computing company.