Company: IONQ
Filing Date: 2025-08-11
Form Type: 424B7
Source: 0001193125-25-177997
Chunk: 3

Company: IonQ, Inc.
Filing Date: 2025-08-11
Form: 424B7
Chunk 3
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 will offer us advantages both in terms of research and development, as
well as the commercial value of our intended product offerings.

Today, we sell specialized quantum computing and networking hardware
together with related maintenance and support. We also sell access to several quantum computers of various qubit capacities and are in the process of researching and developing technologies for quantum computers with increasing computational
capabilities. We currently make access to our quantum computers available via three major cloud platforms, Amazon Web Services’ Amazon Braket, Microsoft’s Azure Quantum and Google’s Cloud Marketplace, and also to select customers via
our own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service.

We supplement our offerings with professional services focused on assisting our customers in applying quantum computing and networking to
their businesses. We also sell and expect to sell full quantum computing systems to customers, either over the cloud or for local access. We also offer quantum networking products which offer customers secure communication networks and enable
networked quantum computing.

We are still in the early stages of commercial growth. Since our inception, we have incurred significant
operating losses. Our ability to generate revenue sufficient to achieve profitability will depend heavily on the successful development and further commercialization of our quantum computing systems and networks. Our net losses attributable to IonQ,
Inc. were $209.1 million and $77.2 million for the six months ended June 30, 2025 and 2024, respectively. As of June 30, 2025, we had an accumulated deficit of $892.8 million. We expect to continue to incur significant
losses for the foreseeable future as we prioritize reaching the technical milestones necessary to achieve an increasingly higher number of stable qubits and higher levels of fidelity than presently exists—prerequisites for quantum computing to
reach broad quantum advantage.

Corporate information

IonQ, formerly known as dMY Technology Group, Inc. III (“dMY”) was incorporated in the state of Delaware in September 2020 and formed
as a special purpose acquisition company. Our wholly owned subsidiary, IonQ Quantum, Inc. (formerly known as IonQ, Inc., and referred to as “Legacy IonQ” herein), was incorporated in the state of Delaware in September 2015.

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On March 7, 2021, Legacy IonQ entered into an Agreement and Plan of Merger (the
“Merger Agreement”), with dMY and Ion Trap Acquisition Inc., a direct, wholly owned subsidiary of dMY (the