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  "documentTitle": "IonQ Inc. (IONQ)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2022-05-03 00:00:00",
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  "notes": "The slide uses direct quotes from a former senior scientific employee to undermine the company's technical roadmap.",
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      "text": "Former employee claims IonQ’s founder is aware that photonic interconnects are not a solution, and questioned the company’s claims to the contrary",
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      "text": "Optical interconnects are even slower and are unreliable, remaining a pipe dream",
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      "text": "The problem with photonic interconnect is it’s even slower, and it’s very unreliable. If you ask me, this is still at a fundamental research level, and how they actually plan to bring such an underdeveloped technology that mainly sits in the area of doing fundamental research to a commercial product within the timeframe that they promised, it’s questionable to me.",
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      "text": "In response to the speed and scalability predicament of IonQ’s ion trap system, the company has floated the idea of a photonic interconnect to couple smaller traps into a larger system. We emphasize that interconnects are an essential enabling technology in IonQ’s dream of useful ion trap computers. However, a former senior employee slammed the idea as vapor and hype, stating that optical interconnects are unreliable and even slower than traps. He alleged that IonQ is well-aware that interconnects are not a solution and criticized the company’s co-founder for continuing to promote the idea: “...and the claims are being made. I don’t know what he’s thinking.”",
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      "text": "“I don’t believe [they’ve done anything with optical interconnects]. Chris did some research things back in 2000 about optical interconnects, the photonic interconnect technology, and this is yet another challenge in the sense that—we were talking in regards to Honeywell, a multi-core approach where you’re shuttling the chains. So, this is more like a multi-node approach. If you think about it as a regular computer. You have a CPU that hosts multiple cores, but then a computer processor has multiple computers that are also hooked up. So, you have multiple compute nodes. At that level is what I usually consider as to where photonic interconnect is going to come in. The problem with photonic interconnect is it’s even slower, and it’s very unreliable. If you ask me, this is still at a fundamental research level, and how they actually plan to bring such an underdeveloped technology that mainly sits in the area of doing fundamental research to a commercial product within the timeframe that they promised, it’s questionable to me.” – Former senior scientific employee of IonQ",
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      "text": "“The confusing part is that Chris Monroe himself has done this line of research before to know that the fidelity of photonic interconnects is not good, the speed of photonic interconnect is very slow, and this is going to be an obvious bottleneck, given that nothing substantially is being done about it, and the claims are being made. I don’t know what he’s thinking.”– Former senior scientific employee of IonQ",
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      "text": "“The confusing part is that Chris Monroe himself has done this line of research before to know that the fidelity of photonic interconnects is not good, the speed of photonic interconnect is very slow, and this is going to be an obvious bottleneck, given that nothing substantially is being done about it, and the claims are being made. I don’t know what he’s thinking.” — Former senior scientific employee of IonQ",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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