$BACQ—Now it all makes sense. The government isn't investing in quantum science projects that might not pay off until 2040—they should be investing in Merlin, the future of autonomous defense technology. Investors are pouring billions into the hope of phantom returns from quantum computing, while Merlin trades at a significant discount to Anduril because it has real contracts, real aircraft, and real defense funding. With or without government investment, Merlin's stock price could surge if investors catch on to this story.