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  "documentTitle": "IonQ Inc. (IONQ)",
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      "text": "As an analogy, imagine if AMD claimed to have the world’s best CPU, while actually purchasing it from Intel.",
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      "text": "We note Honeywell is IonQ’s primary competitor in ion trap-based quantum computers. As an analogy, imagine if AMD claimed to have the world’s best CPU, while actually purchasing it from Intel. Ex-employees indicated the ion trap was a standard model made widely available by Sandia.",
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      "text": "Another ex-employee stated it’s well-known that IonQ’s trap came from Sandia. Q: 'The 11-qubit machines were using Sandia ion traps?' A: 'To the best of my knowledge, yes... It’s not a secret. It’s an HOA 2 trap from Sandia.'",
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      "text": "Ex-employee indicates that Sandia, run by Honeywell, was making the ion trap. 'Honeywell runs Sandia. What happened was when I was there, they were getting traps from Sandia...'",
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      "text": "Ex-employee stated that the picture of ion trap on IonQ’s IR page is Sandia’s, not IonQ’s. Q: 'Is that theirs or Sandia’s?' A: 'Yeah, that is Sandia’s. Yes. That was the one that they were using when I was there.'",
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      "text": "“Honeywell runs Sandia. What happened was when I was there, they were getting traps from Sandia and then when Honeywell announced that they were going to join the quantum computing game, they started fabricating their own traps, IonQ did. In the new machines, I think they fabricate their own traps. They made the switch in about the summer of 2020.” — Ex-IonQ employee, physicist",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "Contrary to IonQ’s promotion of unique intellectual property, ex-employees told us that IonQ was actually sourcing its “chip” from a third-party vendor called Sandia – a laboratory owned by the US government and managed by Honeywell.",
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