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  "documentTitle": "IonQ Inc. (IONQ)",
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  "authorName": "Wolfpack Research",
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  "presentationDate": "2026-02-04 00:00:00",
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  "notes": "The table highlights the discrepancy between Congressional earmark language and the resulting procurement contracts, suggesting a 'backdoor' funding mechanism.",
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      "kind": "callout",
      "text": "In the comprehensive summary below, we use red to highlight how coded earmark language from Congress translated into IONQ cash each year.",
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      "text": "That was nine months before Congress passed the Defense Appropriations Act (March 2022) with an earmark commanding the AFRL to spend $10 million on the key words, “ion trap quantum computing.”",
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      "text": "Although we could find nothing from them as these earmarks passed in FY 2023 and FY 2024, Ruppersberger, who retired in January 2025, and Sen. Chris Van Hollen took credit for IONQ’s contract “wins.”",
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      "text": "I was proud to help secure the necessary funding — Rep. Dutch Ruppersberger. I will keep working to bring investments to Maryland — Sen. Chris Van Hollen.",
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      "text": "Fiscal Year | Earmark Command from Congress | Resulting Contract Award | Appropriators cited in press release",
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