ADDED
Securities and Exchange Commission, or SEC, and public conference calls and webcasts.
ii GLOSSARY OF SELECTED TERMINOLOGY As used in this Annual Report on Form 10-K, unless the context otherwise requires, references to the following terms have the respective meanings as defined below: Barium: A silvery rare-earth metal, atomic number 56, that can be used as a qubit for quantum computing.
IonQ uses barium in its next generation systems because its slightly more complex structure offers higher fundamental gate and readout fidelities when controlled correctly, and because it primarily interacts with light in the visible spectrum, allowing additional opportunities for standard fiber-optic and chip-integrated technologies in parts of the system.
Electronic Qubit Control, or EQC: The process of using electronic control (as opposed to lasers) to manipulate the quantum state of the qubits, which enables the qubit control mechanisms to be efficiently integrated into a microfabricated chip.
Quantum Bit, or Qubit: The quantum equivalent of bits in classical computing, able to exist in a superposition of states and be entangled with other qubits.
Quantum Processing Unit, or QPU: A complete system made up of physical qubits and the apparatus for controlling them.
Overview IonQ is the world s first and only quantum platform company.
We operate in every theater: in space, in the air, on land and at sea, where we seek to deliver the full promise of quantum, across computing, networking, sensing and security.
We believe that we have the clearest path to fault-tolerant quantum computing, and a repertoire of networking, sensing and security products that will form the backbone of a global quantum infrastructure.
We are developing quantum computers designed to solve some of the world s most complex problems and transform business, society and the planet for the better.
REMOVED
Securities and Exchange Commission ( SEC ) and public conference calls and webcasts.
ii GLOSSARY OF SELECTED TERMINOLOGY As used in this Annual Report on Form 10-K, unless the context otherwise requires, references to the following terms have the respective meanings as defined below: Algorithmic Qubit: A metric describing the number of useful qubits in a system, considering noise, connectivity limitations, and other sources of error.
Barium: A silvery rare-earth metal, atomic number 56, that can be used as a qubit for quantum computing.
IonQ is exploring barium as an alternative qubit species because its slightly more complex structure offers higher fundamental gate and readout fidelities when controlled correctly, and because it primarily interacts with light in the visible spectrum, allowing additional opportunities for standard fiber optic technologies in parts of the system.
Quantum Bit (Qubit): The quantum equivalent of bits in classical computing, able to exist in a superposition of states and be entangled with other qubits.
Quantum Processing Unit (QPU): A complete system made up of physical qubits and the apparatus for controlling them.
Overview We are developing quantum computers and networks designed to solve some of the world s most complex problems, and transform business, society and the planet for the better.
We believe that our proprietary technology, our architecture, and the technology exclusively available to us through license agreements will offer us advantages both in terms of research and development, as well as the commercial value of our intended product offerings.
Today, we sell specialized quantum computing and networking hardware together with related maintenance and support.
We currently make access to our quantum computers available via three major cloud platforms, Amazon Web Services ( AWS ) Amazon Braket, Microsoft s Azure Quantum and Google s Cloud Marketplace, and also to select customers via our own cloud service.