IONQ Inc at Needham Technology and Media Conference Transcript

May 16, 2023 / 02:15PM GMT
Quinn Bolton - Needham & Company, LLC - Analyst

We'll go ahead and get started. Welcome, everybody, and good morning. My name is Quinn Bolton. Welcome to the 18th Annual Technology Media Conference hosted by Needham. I cover the semiconductor capital equipment in quantum computing sectors for Needham.

It's my pleasure to host this fireside chat with IonQ. For those of you not familiar with the company, IonQ is the first pure play quantum computing company become publicly traded back in 2021. The company's quantum computers are based on ion trap technology, which has a number of advantages relative to other qubit technologies that are out there in the market. Based on these advantages IonQ systems outperform competitors' systems based on benchmarks, based on real-world applications.

Additionally, IonQ is the best capitalized pure play quantum computing company with sufficient cash on the balance sheet to fund the company to profitability.

Joining me from the company are Thomas Kramer, CFO; and Jordan Shapiro, VP of FP&A and Investor Relations. Thomas, Jordan?

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