IonQ(US:IONQ)2022-03-30 15:57IonQ's Market Position and Growth - IonQ is positioned as a leader in the quantum computing industry[2, 21] - The company projects a Total Addressable Market (TAM) of $65 billion by 2030[2, 21] - IonQ's 2021 contract bookings exceeded original forecasts by 3x[2, 21] Technological Advantages and Roadmap - IonQ utilizes individual atomic ion qubits in an ion trap, offering superior performance compared to competing platforms[11] - The company's roadmap includes advancements in algorithmic qubits, targeting 25 algorithmic qubits in 2022, 29 in 2023, 35 in 2024, 64 in 2025, 256 in 2026, 384 in 2027, and 1024 in 2028[16] - IonQ's modular architecture is becoming smaller and cheaper with each generation[12] System Performance and Innovation - IonQ's Aria system achieved a record, industry-leading 20 Algorithmic Qubits (AQ)[17] - The company is developing new barium-based systems with benefits such as lower error rates and higher gate fidelity[19] - IonQ demonstrated quantum Monte Carlo simulation, paving the way for quantum-enabled risk analysis and price simulation[20] Partnerships and Applications - IonQ is partnering with Hyundai to create a large battery chemistry model for next-generation EV batteries[18]