IonQ (IONQ) Cantor Fitzgerald Global Technology & Industrial Growth Conference summary

Industry and company evolution

• Significant transformation over the past year, expanding from quantum computing to a broader quantum platform including networking, cybersecurity, and sensing.

• Roadmap includes rapid generational advances: fifth-generation quantum computer deployed, sixth in finalization for next year, and seventh in planning.

• Acquisition of a leading quantum key distribution company in Switzerland and multiple customer wins globally.

• Strong financial position with no debt and multi-year cash reserves to support long-term investment.

• Over 30% of revenues now come from outside the U.S., with 60% from non-government customers.

Technology and product roadmap

• Transitioning from laser-controlled to electronically controlled trapped ions, enabling greater scalability and leveraging existing semiconductor ecosystems.

• Oxford Ionics-based 256-qubit system in development, with customer deployment expected early next year.

• Roadmap targets 100-qubit deployment this year, 256 next year, then scaling to 10,000 and 20,000 qubits.

• Achieved four nines fidelity, a key milestone for fault-tolerant quantum computing.

• Focus on integrating hardware, software, and applications, with one of the largest quantum application development teams.

Commercialization and applications

• Quantum cybersecurity and networking are seeing early adoption, with deployments across Europe and increasing interest from financial and government sectors.

• Applications span life sciences, energy, logistics, finance, and national security, with a focus on building both foundational hardware and industry-specific solutions.

• Customers are increasingly seeking integrated solutions, not just hardware, driving a platform approach.

• Data center operators are beginning to integrate quantum processing units alongside GPUs.

• Commercial applications are expected to precede widespread government adoption.