The report says the quantum technology market is shifting from venture funding toward public capital markets, citing 2026 IPOs by Quantinuum, Xanadu, Infleqtion and IQM. IonQ reported second-quarter revenue of $80.1 million, while the US Department of Commerce awarded $2.013 billion in CHIPS incentives and took minority equity stakes in participating companies. Quantum sensing remains the largest revenue segment, mainly driven by defence and national security, while quantum computing is forecast to lead after 2030. Coverage extends to forecasts through 2046, government programs, supply chains and profiles of 354 companies, though high execution risk remains.
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