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    Alexander Platt • D.A. Davidson & Co.

    Alexander Platt's questions to IONQ Inc (IONQ) leadership

    Alexander Platt's questions to IONQ Inc (IONQ) leadership • Q1 2025

    Question

    Alexander Platt requested an update on the 'Tempo' system's progress and the technical roadmap. He also asked whether the focus on quantum networking signifies a split from quantum computing or if networking is viewed as the larger near-term opportunity.

    Answer

    SVP of Engineering and Technology Dean Kassmann confirmed that the Tempo system development is on track to meet its delivery plans, with current work focused on performance metrics like AQ and fidelity. CEO Niccolo de Masi, Executive Chairman Peter Chapman, and President Jordan Shapiro collectively clarified that the focus is not split but rather converging, as quantum computing and networking are deeply synergistic. They emphasized that building the quantum internet requires all the components IonQ is assembling, and the company is pursuing growth in both markets as part of an integrated strategy.

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    Alexander Platt's questions to IONQ Inc (IONQ) leadership • Q4 2024

    Question

    Alexander Platt of D.A. Davidson & Co. asked for more detail on the recently announced XHB technology, specifically requesting quantification of the energy savings and a comparison to competing systems.

    Answer

    SVP of Engineering and Technology Dean Kasman explained that XHB technology contributes to reducing system size, weight, and power. He emphasized that IonQ's trapped-ion approach scales linearly in energy consumption, a key advantage over other modalities that scale exponentially. Executive Chair Peter Chapman added that achieving room-temperature operation is a long-term strategy to lower the cost-per-qubit and gain a significant cost advantage, especially in quantum networking.

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