Hey y’all, I’ve fallen down the rabbit hole that is quantum computing and I’m convinced it will have some significant impact and scalable use cases within the coming years (5-10…+?).
When it comes to investment opportunities relating to emerging/experimental technologies, it can be difficult for retail investors to find early-stage direct investment opportunities.
BUT, the standout player, IonQ ($IONQ) is publicly traded. Here are some reasons why I’m bullish and think IonQ is oh, so special!
- IonQ uses trapped ion/photonic computing!! This is really neat because it means their quantum computers do not need to be kept at FREEZING temps like QCs being created by Google, IBM, Rigetti and most others. (Among many other advantages)
Compared to the trapped ion approach, the qubits generated via superconducting suffer from short coherence times, high error rates, limited connectivity, and higher estimated error-correction overhead
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Management is fairly new to running a public company but they seem excited and dedicated based off interviews and press releases: “The lead is ours. And we have full intention to take advantage of it.”
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IonQ is the first and only quantum hardware integrated with all major cloud platforms and software kits!
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80% of their system is made outside of the US
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55+ US patents, 136 US patents pending, 7 foreign patents, 99 foreign patents pending, 8 US trademarks, 11 US trademarks pending, 17 international trademarks, 7 international trademarks pending
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Their approach for the near term is to form a limited number of strategic partnerships to develop solutions that open up quantum advantage in select industry sectors (chem, pharma, finance, logistics).
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What I think sets them apart the most, besides trapped ion, is their focus on scalability. Since their inception, Peter Chapman, their CEO, has been stressing the importance of their QCs being modular, economical, and serviceable. THIS, in my opinion, is the way. Whereas Google and IBM will have huge, frozen, immobile QCs available to contract via the cloud, IonQ will have a portable, scalable product.
$IONQ
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