Core Insights - IonQ's 2026 outlook is driven by the commercialization of next-generation quantum computing systems and the expansion of a full-stack quantum platform, broadening its addressable market [1] Group 1: Technological Advancements - In Q3 2025, IonQ achieved its AQ 64 milestone on the Tempo platform three months ahead of schedule, with a record-breaking 99.99% two-qubit gate fidelity, significantly reducing error-correction requirements [2][10] - IonQ plans to integrate Oxford Ionics' Electronic Qubit Control (EQC) architecture into a 256-qubit system, enhancing scalability, reliability, and unit economics [3][10] Group 2: Market Expansion - IonQ is evolving into a full-stack quantum platform that includes computing, networking, sensing, and cybersecurity, with acquisitions like Vector Atomic and ID Quantique expanding its reach into defense and critical infrastructure markets [4][10] - Strategic partnerships in Europe and Asia, along with collaborations in biotech, are expected to create multi-year, solutions-oriented revenue opportunities for IonQ [4] Group 3: Competitive Positioning - The two growth pillars of technological leadership and market expansion position IonQ to convert its advancements into sustained commercial traction in 2026 [5]