Slide 1: IonQ Investor Updates
Q lone lonQ Investor Updates lonQ Investor Updates
Slide 2: Cautionary Notes
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," "estimate,"
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 and software platform integrations
Amazon Braket Q# QDK PENNYLANE
Slide 5: Led by Distinguished Industry Veterans Today
Qi Iona Led by Distinguished Industry Veterans Today 5 Peter Chapman President & CEO amazon Margaret Arakawa Chief Marketing Officer Hi Microsoft fastly. Ariel Braunstein SVP, Product Go gle sthieafe cisco Pat Tang VP, Research & Development amazon @& lonQ Investor Updates Thomas Kramer Chief Financ
Slide 6: How IonQ Leads
How lonQ Leads lonQ Investor Updates
Slide 7: IonQ Chose a Mature Technology From The Start
Q Iona lonQ Chose a Mature Technology From The Start Individual atomic ion qubits are naturally perfect, unlike synthetic qubits utilized on competing platforms, allowing lonQ to move farther and faster than the competition ¢ Identical and naturally quantum * Designed to be perfectly isolated from e
Slide 8: Orders of Magnitude Better Error Correction Overhead
in Error Correction Overhead Orders of Magnitude Better Than Other lonQ: Approaches Error Correction Error Correction 16:1! 1000:1 - 1,000,000:12 Other Approaches Q Iona 1. Estimate based onlonQtechnical 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
Q Iona Connectivity and Fidelity Matter Far More Than Physical Qubit Count lonQ Forte (36 #AQ) Superconducting Competitors * All-to-all connectivity + Nearest-neighbor connectivity * Two qubit gates + Multiple swap gates required 9 lonQ Investor Updates © 2024 IONQ
Slide 10: #AQ64 Represents a ~268Mx Increase in Compute Power Over #AQ36
Q Iona HAQ64 Represents a ~268Mx Increase in Compute Power Over #AQ36 lonQ System Harmony Forte Tempo Size of Algorithmic #HAQ5 HAQ36 HAQ64 Qubits e Size of \ Computational Space Length of atoothbrush Distance to the Moon Distance to Alpha Centauri 32 Possible Encoded States ~69 Billion Possible Enc
Slide 11: Leading Application Development to Capitalize on Explosive Value Creation Opportunity
a 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 Well Positioned to Benefit From First Movers Advantage
lonQ Well Positioned to Benefit From First Movers Advantage 7X 90% of the value 10% companies Quantum Computing 40% Early Majority Mmmm Share of Value Creation Gm Quantum Adoption Late Majority 40% Laggards 10% Source: BCG, Building toward quantum advantage today, December 2022 12 lonQ Investor Upda
Slide 13: IonQ to Deliver Enterprise-Grade Quantum
Q Iona lonQ to Deliver Enterprise-Grade Quantum Estimated Competitive Landscape Phase I: Phase II: Phase III: Proof-of-Concept Enterprise-Grade Era Broad Adoption Design Phase Design Phase Design Phase Lab Experiments Production Ready Mature Systems e-— Q long ——— 13 lonQ Investor Updates © 2024 ION
Slide 14: Consistently Ahead of Schedule on Technology Roadmap
Q Iona Consistently Ahead of Schedule on Technology Roadmap lonQ was 12 months early to delivering Forte #AQ35, and delivered #AQ36 @© Better Optimization weeks later £) Chemistry 1024° 1000 4 @ Materials 2) 800 4 2 Achieved Achieved Achieved Faster Optimization G 600 ;2monthsearly 7monthsearly 12mo
Slide 15: 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 15 Expected Phases of Quantum Computing Maturity New Developments: Boston Consulting Group Analysis For lonQ, Phase ll may require error correction and may be reached with Phase II Phase III chitecture Phase Il
Slide 16: Recent Announcements
Recent Announcements lonQ Investor Updates
Slide 17: IonQ announced a strategic agreement with South Carolina Quantum Association
Qiona lonQ announced a strategic agreement with s(Q)c South Carolina Quantum Association ST lonQ and SC Quantum are teaming up to provide world-class quantum capabilities elare| professional services to institutions univer ten the i "9g highesgdee Cé 7 lonQ Investor Updates © 2024 IONQ
Slide 18: Early Results from work with DESY
Qiona Early Results from work with Deutsches Elektronen-Synchrotron (DESY) 655) DESY to uselonQ Aria’s proven capabilities to optimize gate assignments for airplanes to reduce travel time, demonstrating quantum computing’s potential as a more effective solution than classical computing for this glob
Slide 19: New Collaboration with Oak Ridge National Lab
Qiona lonQ Announced a New Collaboration with Oak Ridge National Lab lonQ and ORNL will begin exploring new use case on how quantum computing technology can be used to optimize the US power grid 19 lonQ Investor Updates © 2024 IONQ
Slide 20: IonQ's New Key Leadership Team Members
Qiona lonQ's New Key Leadership Team Members Two new world class additions to lonQ’s Leadership Team 20 PagerDuty apigee Stacey Giamalis Chief Legal Officer Giamalis will oversee lonQ's global legal affairs including intellectual property, corporate, contracting, and regulatory compliance. Giamalis
Slide 21: Circuit Width Circuit Width Circuit Width
Circuit Width Circuit Width Circuit Width Circuit Width
Slide 22: IonQ's New Key Board Members
lonQ's New Key Board Members Two new world class additions to lonQ's Board of Directors 22 Robert Cardillo Independent Board Member As a former Director of the National Geospatial-Intelligence Agency, Cardillo will seek to expand upon lonQ’s work with the U.S. government in establishing public-priva
Slide 23: First Dedicated Quantum Computing Manufacturing Facility in the U.S.
Qiona lonQ Opens Doors to First Dedicated Quantum Computing Manufacturing Facility in the U.S. Announced a commitment to expandits Seattle facilities from 65,000 square feet to.an impressive-105,000 square feet oa we 4f. ’ 1. - 23." | londinvestor Updates Ce |
Slide 24: First Known Commercial Demonstration of Ion-Photon Entanglement
Qiona lonQ Achieves First Known Commercial Demonstration of lon-Photon Entanglement Outside of Academic Environments Achievement Represents a Critical First Step Towards Developing Future Quantum Networks %, rrsvesececonesceononaseny ye & 3 N ween. Interconnect ; : N eo, Qubit ; > 3 , ° : ; ‘. Pee,
Slide 25: IonQ Forte now available on Amazon Braket Direct
Qiona lonQ Forte now available on Amazon Braket Direct Access the most viable, practical, and fastest path to commercial advantage today i ee 25 lonQ Investor Updates © 2024 IONQ
Slide 26: New $25.5M Quantum Deal with US Air Force Research Lab
Qiona 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 26 lonQ Investor Updates © 2024 IONQ
Slide 27: Market Strategies: Commercial Value Creation
Q Iona Market Strategies: Commercial Value Creation Enabling portfolio analysts to more accurately model Target Distribution Outliers resulting Classical Computer a0 a0 from notable events 0.05 0.05 K L & 0.00 5 0.00 = = -0.05 -0.05 O10TT T T T 1 OT T T T l -010 -005 000 005 a0 AAPL. 27 lonQ Investo
Slide 28: Quantum Machine Learning for Image Recognition
——e Qiona | foimage Recognition Quantum Machine L Watch the full video at www.iong co 28 lonQ Investor Updates © 2024 IONQ
Slide 29: Quantum AI Models for Predictive Maintenance
Qiona Quantum AI Models for Predictive Maintenance With Thompson Machinery, the exclusive Caterpillar dealer for Middle Tennessee, est Tenn and North Mississippi < 29 lonQ Investor Updates © 2024 IONQ
Slide 30: Q Iona
30 Q Iona lonQ Investor Updates © 2024 IONQ