Ionq, Inc. · NYSE:IONQ
Ionq — Q3 2023 Earnings Presentation
26 slides from Ionq's earnings presentation, Nov 8, 2023
Slide 1: IonQ Investor Updates
Qiona lonQ Investor Updates lonQInvestor Updates © 2023 IONQ
Slide 2: Cautionary Notes
To Qiona Cautionary Notes This presentation contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Whenever we use words such as "believe," "expect," "anticipate," "intend," "plan," "estimat
Slide 3: Quantum computing application areas
Marketing to add pictures Optimal Routing Complex Financial Modeling Chemical Modeling Behavioral Inference Manufacturing Optimization Load Optimization Artificial Intelligence In-silico Drug Discovery Complex Logistics Efficient Batteries Cryptography Forecasting Physical Simulation Food Production
Slide 4: Cloud platforms: Amazon Braket, Q# QDK, PennyLane
Amazon Braket Q# QDK PENNYLANE
Slide 5: Led by Distinguished Industry Veterans
QIONa Led by Distinguished Industry Veterans Today @©@3e0@ Peter Chapman President & Chief Executive Officer amazon Jungsang Kim Co-Founder & Chief Technology Ariel Braunstein SVP, Product Google ‘uth. cisco Jordan Shapiro VP, FPSA | Head of IR, CorpDev NEA ao Matt Keesan VP, Quantum Platform El oo
Slide 6: How IonQ Pulled Ahead of The Pack
How lonQ Pulled ° Ahead of The Pack lonQ Investor Updates © 2023 IONQ
Slide 7: IonQ Chose a Mature Technology From The Start
Q Iona lonQ Chose a Mature Technology From The Start Individual atomic ion qubits in anion trap are superior to competing qubit platforms, and allowed lonQ to move farther, faster than the competition Identical and naturally quantum Designed to be perfectly isolated from environmental influences Cap
Slide 8: Orders of Magnitude Better in Error Correction Overhead
Orders of Magnitude Better Than Other Approaches in Error Correction Overhead lonQ 1000:1 - 1,000,000:1? Error Correction Other Approaches Error Correction 16:1! QIona 1, Estimate based on lonQ technical roadmap and experimental results published by lonQ founder Chris Monroe, advisor Ken Brown, and
Slide 9: Connectivity and Fidelity Matter Far More Than Physical Qubit Count
Connectivity and Fidelity Matter Far More Than Physical Qubit Count lonQ Forte (29 #AQ) + All-to-all connectivity * Two qubit gates 9 lonQ Investor Updates Superconducting Competitors + Nearest-neighbor connectivity * Multiple swap gates required © 2023 IONQ
Slide 10: #AQ64 Represents a ~34,000,000,000x Increase in Compute Power Over #AQ29
QIONa #AQ64 Represents a ~34,000,000,000x Increase in Compute Power Over #AQ29 Algorithmic qubits #AQS #AQ29 #AQ64 Size of Computational Space ) é Tip of a marker Basketball court United States ~10 mm2 ~500 million mm? ~10 quintillion mm? #AQ64 is 100,000 times larger than the limit of a classical s
Slide 11: Leading Application Development to Capitalize on Value Creation Opportunity
Q Leading Application Development to Capitalize on the Explosive Value Creation Opportunity Machine Learning Automotive: AV Al Algorithms Finance: AML and anti-fraud Tech: Search/ads optimization Optimization Simulation Cryptography Logistics: Network Optimization $50-100B Pharma: Drug Discovery $40
Slide 12: IonQ Will Benefit From First Movers Advantage
lonQ Will Benefit From 90% of the value created by the top 10% companies Quantum Computing Early Adopters. Source: BCG, Building toward quantum advantage today, December 2022 12 lonQ Investor Updates Early Majority 40% First Movers Advantage Mmmm Share of Value Creation lll ~ Quantum Adoption Laggar
Slide 13: IonQ to Deliver Enterprise-Grade Quantum
Q Iona lonQ to Deliver Enterprise-Grade Quantum Estimated Competitive Landscape Phase I: Phase Il: Phase Ill: Proof-of-Concept Enterprise-Grade Era Broad Adoption Design Phase Design Phase Design Phase Lab Experiments Production Ready Mature Systems e— Q longa—— 13 lonQ Investor Updates © 2023 IONQ
Slide 14: Consistently Ahead of Schedule on Technology Roadmap
QIONa Consistently Ahead of Schedule on Technology Roadmap lonQ was 7 months early to delivering Forte #AQ29 Better Optimization 1200 , Chemistry 1024° 1000 800 | (<9 Materials 7) 2 2 Achieved Achieved £5 Faster Optimization @ 600 +42months early 7 months early ° Machine Learning 3 ‘ 4 E 400 | 2 58
Slide 15: Investor Updates
Investor Updates ° lonQinvestor Updates 2025 1OND
Slide 16: IonQ Announces New $25.5M Quantum Deal with US Air Force Research Lab
lonQ Announces New $25.5M Quantum Deal with United States Air Force Research Lab Agreement to Deploy Two Barium-Based Systems for Quantum Networking Research and Application Development 16 lonQ Investor Updates © 2023 IONQ
Slide 17: IonQ Announces #AQ Forte Enterprise and #AQ 64 Tempo
Qiona lonQ Announces #AQ 35 Forte Enterprise and #AQ 64 e lonQ provides the most viable, practical, and fastest path to commercial advantage with lonQ Forte Enterprise, an #AQ 35 quantum computer, and lonQ Tempo expected to demonstrate record-breaking #AQ 64 7 lonQ Investor Updates © 2023 IONQ
Slide 18: IonQ Awarded Extension to Contract with Zapata AI and DARPA
Qiona lonQ Awarded an Extension to its Existing Contract with ZapataAl and the US Defense Advanced Research Projects Agency ZAPATA /Al DARPA a a ray >~ we . .% ow » * pes! will help ogtgplish the next generation of Benchmarking for quantum computers ’ - ¢. a 18 lonQ Investor Updates al * ©2023 & ca
Slide 19: IonQ Ranks in 2023 Deloitte Technology Fast 500
Oe Qiona lonQ was Honored to Rank 324 in the 2023 Deloitte Technology Fast 500™ List of the Fastest-Growing Companies in North America Deloitte: —— <i a = a + = P - | iy om 2023 Nort “tt - me = te - 2023 NORTH AMERICA SSS a 7 > \ Deloitte a i z 19 lonQ Investor Updates © 2023 IONQ
Slide 20: Trapped Ions Could Allow IonQ to Reach the Enterprise Era Without Error Correction
Q Iona Trapped lons Could Allow lonQ to Reach the Enterprise Era Without Error Correction Expected Phases of Quantum Computing Maturity Boston Consulting Group Analysis Phase | Phase II Phase III Estimated I (Operating Income): st Estimated Impact (Operating Income) $2-5 $450-850 Billion Technical B
Slide 21: IonQ Announces Achieving #AQ using Barium Ions
Qiona lonQ Announces Achieving #AQ 29 using Barium lons Represents powerful valuation of lonQ’s work on barium qubits, the believed ion of choice for achieving #AQ 64 21 lonQ Investor Updates © 2023 IONQ
Slide 22: IonQ Partners with Switzerland's Quantum Basel
Qiona lonQ Partners with Switzerland's Quantum Basel Agreement will establish an lonQ Europe-Based Quantum Data Center a sahh Pe ca ag pe A Mi - bs i A a. SF ars ae — S- 4 = Deal endeavors to bring two lonQ future quantum systems with #AQ 35 and #AQ 64 to Switzerland, serving European industry, gove
Slide 23: IonQ to Partner with South Korean Leadership
QIONa lonQ to Partner with South Korean Leadership lonQ Signs Memorandum of Understanding with South Korea’s Ministry of Science and ICT lonQ signs MoU to educate quantum science and technology professionals in the nation of South Korea. lonQ also had the honor to meet with South Korea’s president,
Slide 24: Recognition
Qiona age Recognition Quantum Machine Lean ng ws» @DHYUNDAL | ana lonQ Investor Updates
Slide 25: Circuit Width Circuit Width Circuit Width
Circuit Width Circuit Width Circuit Width Circuit Width
Slide 26: Q Iona
26 Q Iona lonQ Investor Updates © 2023 IONQ