Core Insights - IonQ has formed a strategic alliance with Heven Aerotech to integrate quantum solutions into autonomous drones, leading to a rise in stock price [1] - The momentum in quantum computing is increasing, with IonQ securing $100 million in government contracts from the U.S. Air Force Research Lab from 2022 to 2025 [2] - IonQ is a key player in quantum computing, focusing on trapped-ion quantum hardware and has a market capitalization of approximately $16.35 billion [3] Financial Performance - Over the past 52 weeks, IonQ's stock has shown high volatility, with a low of $17.88 and a high of $84.64, currently standing at $48 [4] - The company has a high price/sales ratio exceeding 377, reflecting its start-up revenues and market valuation despite negative earnings [5] - In Q3 2025, IonQ reported earnings of $39.9 million, a 222% YoY increase, while increasing its yearly guidance to a high end of $110 million, but also reported a net loss of $1.1 billion [6]