Quantum computing is expected to change all industries, from farming to banking to logistics. Quantum computing has vast potential, with experts predicting a total addressable market of ~$65 billion by 2030. We believe that our technology offers substantial advantages compared to other competing quantum computing systems, and that its technology is protected by a robust intellectual property portfolio. IonQ holds a wide array of patents for fundamental technologies core to quantum computing and holds exclusive licenses to patents issued to the co-founders’ academic labs. Our seasoned executive leadership team has deep expertise in quantum technology and includes two of the pioneers of quantum engineering and complex optics. Our commercial team is led by executives with decades of experience scaling and commercializing new technologies. Since inception in 2015, IonQ has produced six generations of quantum computers. We believe our systems have a clear path to scalability, and expect to demonstrate modular quantum computers small enough to be networked together in a datacenter in just a few years. Quantum solutions using IonQ systems will be delivered directly and through strategic partnerships. Our systems are currently the only quantum hardware available on all of the leading cloud platforms, making the power of quantum accessible to all developers across industry and sectors.