Based on Leray's formulation of the Navier-Stokes equations and the conditions of the exact linear representation of the nonlinear problem found in this paper, a compact explicit expression for the exact operator solution of the Navier-Stokes equations is given. It is shown that the introduced linear operator for Leray's equations is the generator of one-parameter contraction semigroup. This semigroup yields the existence of a unique and smooth classical solution of the associated Cauchy problem of Navier-Stokes equations in space $\mathbb{ R}^3$ under smooth initial conditions.
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