Articles from D-Wave Quantum Inc.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that it has successfully completed sales of $150 million in gross proceeds of its common stock pursuant to its previously disclosed $150 million "at-the-market" equity offering program (the “ATM Program”). The $150 million ATM Program, which was filed on January 10, commenced on January 15th and ended on January 21st, was completed at an average price per share of $6.10 representing a $0.22 per share, or 3.7%, premium over the Volume Weighted Average Price (“VWAP”) of D-Wave’s common stock (per Bloomberg) for the four days that D-Wave sold common stock. The Company’s current cash balance is approximately $320 million. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first supplier of production-grade quantum computers, announced today the introduction of the new Leap Quantum LaunchPad™ program, an initiative designed to accelerate the deployment of quantum computing applications. The program offers free trial access to D-WaveTM technology and expertise to help customers use annealing quantum computing to solve important business and scientific problems that can be out of reach of classical computers.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as D-Wave’s Master Government Aggregator®, making the Company’s cutting-edge quantum computing technologies available to the Public Sector through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), The Interlocal Purchasing System (TIPS), OMNIA Partners, E&I Cooperative Services Contract and The Quilt contracts.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, announced today that fiscal year 2024 bookings will exceed $23 million, an increase of approximately 120% over fiscal year 2023 bookings. Contributing to the growth in bookings, the company also announced the first-ever customer purchase of a D-Wave Advantage™ annealing quantum computing system reflecting a significant expansion to the company’s revenue model as it broadens its overall go-to-market offering to include on-premise system sales.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, announced that CEO Dr. Alan Baratz was interviewed on CNBC’s The Exchange yesterday, where he addressed recent comments from NVIDIA CEO Jensen Huang related to quantum computing’s readiness and commercial availability.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it is participating in a fireside chat at the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025. The discussion between D-Wave CEO Dr. Alan Baratz and Needham senior analyst Quinn Bolton will address a variety of topics related to the company’s leadership position in the quantum computing industry, including its technical progress, why quantum optimization is the killer use case for quantum computing, how its annealing technology is increasingly used in customer production deployments, and the convergence of quantum computing and AI.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the successful completion of its second SOC 2® Type 2 audit as of November 25, 2024, maintaining this rigorous compliance and marking its ongoing commitment to customer data security and protection. This milestone follows D-Wave’s previous successful SOC 2 Type 2 audit completed in December 2023.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, announced that CEO Dr. Alan Baratz was interviewed on Yahoo! Finance’s “Catalysts” show on Friday, December 13, where he discussed quantum computing’s advantages, increasing momentum in the quantum industry, and D-Wave’s unique approach and the real-world impact the company’s annealing quantum computing is delivering for businesses.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that it has successfully completed sales of $175 million in gross proceeds of its common stock pursuant to its previously disclosed $100 million and $75 million “at-the-market” equity offering programs (the “ATM Programs”). The $75 million ATM Program, implemented on Monday, December 9th, was completed at an average price per share of $4.8149. Over that same three-day period, D-Wave stock traded at a Volume Weighted Average Price (“VWAP”) of $4.6625 (per Bloomberg). The Company expects to end the current fiscal 2024 fourth quarter with at least $160 million in cash. The funds were used, and will continue to be used, for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, announced that CEO Dr. Alan Baratz was interviewed on Fox Business’ Making Money with Charles Payne yesterday, where he discussed the state of the quantum industry and the real-world impact D-Wave’s annealing quantum computing is delivering for businesses.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it will highlight the transformative power of quantum optimization and its impact on today’s businesses at Q2B24 Silicon Valley.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the appointment of Sharon Holt to its board of directors. The appointment comes on the heels of the October 2024 additions of John DiLullo and Rohit Ghai to the D-Wave board, as the company continues to usher in the era of commercial quantum computing.

D-Wave Quantum Inc., (NYSEQBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its third fiscal quarter ended September 30, 2024.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced that it is participating in today’s Quantum Technologies Forum hosted by the University of Southern California (USC). D-Wave will present the latest advancements in its annealing quantum computing technology and highlight real-world use cases from both commercial and research customers.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it has completed the calibration and benchmarking of a 4,400+ qubit Advantage2™ processor. This milestone marks a significant step forward in D-Wave’s ongoing development of its sixth-generation annealing quantum computing system. The latest Advantage2 processor shows substantial performance gains over the current Advantage™ system in solving customers’ complex computational problems in areas such as optimization, AI, and materials science.

D-Wave Quantum Inc. (NYSEQBTS) (“D‑Wave”), a leader in commercial quantum computing systems, software and services, today announced it has regained compliance with the New York Stock Exchange (“NYSE”) continued listing standard for minimum share price under Section 802.01C of the NYSE Listed Company Manual.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the third quarter of fiscal year 2024 ended September 30, 2024 on Thursday, November 14 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it has achieved “Awardable” status through the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the appointments of veteran technology industry leaders, John DiLullo and Rohit Ghai, to its board of directors. The new board members join at a key time for the company, as it executes an aggressive go-to-market strategy designed to rapidly accelerate the adoption of its annealing quantum computing solutions across global businesses, research institutions and government agencies.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced its upcoming participation in the 2024 INFORMS Annual Meeting, Oct. 20-23, in Seattle, Washington. Aligned with the event’s theme, "Smarter Decisions for a Better World," D-Wave will be a featured speaker in the event’s Technology Showcase, host an exhibitor workshop on the fundamentals of quantum computing, meet with job seekers onsite about roles in quantum optimization, and conduct live booth demonstrations to highlight how quantum technology can help organizations overcome the limitations of classical computing solutions when faced with complex optimization problems.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it received notice from the New York Stock Exchange (the “NYSE”) on October 2, 2024 that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because, as of October 2, 2024, the average closing price of the Company’s common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s common stock from the NYSE.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the introduction of service-level agreements (SLAs) specifically tailored for Leap™ quantum cloud service customers who are transitioning applications into production. By establishing formal SLAs, D-Wave stands behind the high levels of availability, reliability and scalability of its Leap cloud service and its ability to support requirements for commercial-grade quantum and hybrid-quantum applications as customers move into production deployments.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that CEO Dr. Alan Baratz will participate in one of the closing mainstage keynotes of the Yotta 2024 conference on October 9, 2024 in Las Vegas, Nevada.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) today announced plans to collaborate on a joint proof-of-concept project that will leverage quantum computing technology and artificial intelligence (“AI”) in the drug discovery process, i.e., “Quantum AI-driven Drug Discovery.”

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it is expanding its executive team with the appointment of Sophie Ames as chief human resources officer.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, announced a new strategic partnership aimed at accelerating the commercial adoption of annealing quantum computing across the Middle East. The partnership was revealed at Qubits UAE in Dubai, a half-day version of D-Wave’s annual Qubits user conference, which is showcasing “success powered by quantum” through business optimization use cases, progress in quantum-fueled AI technology, and demonstrations of annealing quantum computing performance over classical computing.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced its participation in Info-Tech Research Group's annual flagship conference, Info-Tech LIVE, on September 17, 2024 in Las Vegas, Nevada.

D-Wave Quantum Inc., a leading provider of quantum computing systems, software, and services, has joined the Chicago Quantum Exchange (CQE) as a corporate partner. The company, which serves a wide range of industries, helps customers derive value from today’s quantum technologies by solving complex computational problems spanning optimization, research and artificial intelligence.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced its participation at Quantum World Congress, to be held Sept. 9-11 at Capital One Hall in Tysons, Virginia. Aligned with the event’s mission to propel the acceleration and commercialization of quantum technologies, D-Wave leaders will bring unique perspectives from the front line of quantum innovation and adoption across a variety of scheduled appearances.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and NTT DOCOMO Inc., Japan’s largest mobile phone operator with over 90 million subscriptions, today announced a quantum optimization pilot that resulted in demonstrable mobile network performance improvements. Using D-Wave’s annealing quantum computing solutions, DOCOMO found that it can reduce congestion at base stations by decreasing paging signals during peak calling times by 15%, potentially leading to increased efficiencies and lowered infrastructure costs. The company plans to deploy the hybrid-quantum solution in production across its Japanese branch offices in the coming months.

D-Wave Quantum Inc., (NYSEQBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its second fiscal quarter ended June 30, 2024.

Huntsville Mayor Tommy Battle joined D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”) and Huntsville-based Davidson at the Space and Missile Defense Symposium today to emphasize the strategic significance of placing a D-Wave quantum computer at Davidson’s new global headquarters in Huntsville, AL. The forthcoming installation marks a major milestone in the region’s quantum computing leadership.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it is strengthening the connection between quantum optimization, artificial intelligence (AI), and machine learning (ML), by extending its product development roadmap with enhancements to the Leap™ quantum cloud service that will bring new Quantum AI solutions to market. The roadmap is intended to help customers address a variety of AI/ML workloads including pre-training optimization, more accurate and efficient model training, and opening new AI business use cases that require the integration of AI and business optimization, such as quantum supply chain optimization to support AI-predicted product demand requirements.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the second quarter of fiscal year 2024 ended June 30, 2024 on Thursday, August 8 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that enrollment in its quantum training courses has experienced double-digit growth in the first six months of 2024, compared to the same period in 2023. Enrollment in the “Quantum Programming Core” course increased by 53%, and all total enrollments (“Core” + “Foundations for Quantum Programming”) increased by 85%. This remarkable growth underscores a burgeoning global movement to train workers to keep pace with the rapidly increasing adoption of quantum computing.

Zapata Computing Holdings Inc. (“Zapata AI”) (Nasdaq: ZPTA), a leader in Industrial Generative AI software solutions, and D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced a significant expansion to their joint commercial partnership, designed to accelerate the development and delivery of integrated quantum and generative AI solutions in D‑Wave’s Leap cloud platform. The new agreement leverages Zapata’s proprietary Universal Generative AI software for rapid development and builds upon D-Wave’s Leap™ real‑time quantum cloud service to support quantum, hybrid quantum, and classical AI solutions. The joint development work will focus on improved and more energy efficient model training, more performant models, and the synergistic use of Generative AI and quantum optimization.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, announced that Jagrup Brar, B.C. Minister of State for Trade and MLA for Surrey-Fleetwood, and Janet Routledge, B.C. Parliamentary Secretary for Labour and MLA for Burnaby North, toured the company’s Burnaby-based Quantum Engineering Center of Excellence yesterday. The visit was intended to help inform the B.C. government officials about D-Wave’s latest quantum computing product developments and efforts to spur quantum adoption around the world.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that the BC Tech Association has named D-Wave as one of the finalists in the GameChanger Ambition category of for its upcoming Technology Impact Awards (TIAs). Winners will be announced at the TIAs gala on October 23, 2024.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, announced the results of a new study today that reveals a majority of surveyed businesses actively using quantum computing foresee an exceptional return on investment (ROI) from their quantum optimization efforts — with an expected combined potential positive financial impact to reach up to an estimated $51.5 billion.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and Davidson Technologies, Inc., a technology services company that provides innovative engineering, technical and management solutions for the U.S. Department of Defense, aerospace and commercial customers, today announced the forthcoming placement of the second US-based D-Wave Advantage quantum computer. Located at Davidson Technologies’ new global headquarters in Huntsville, AL, the system will eventually be housed in a secure facility developed to run sensitive applications using quantum computing technology.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, will announce today at its global Qubits 2024 user conference the launch of a new hybrid quantum solver for nonlinear programs, enabling customers to confront real-world problems of growing complexity. Available now through D-Wave’s Leap™ quantum cloud service, D-Wave believes the new solver will help customers solve complex optimization problems of increased scale, pushing past limits of previously available technologies.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software and services, announced today that it has extended its agreement with Aramco, a global integrated energy and chemicals company, to manage geophysical optimization problems through quantum technologies.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today posted a recording of its recent fireside chat at the 19th Annual Needham Technology, Media and Consumer Conference. The discussion between D-Wave CEO Dr. Alan Baratz, D-Wave CFO John Markovich and Needham senior analyst Quinn Bolton addressed a variety of topics related to the company’s leadership in the quantum computing industry, including its technical progress, why its annealing technology is more applicable to commercial applications, and how D-Wave’s customers are using its solutions to address highly complex optimization problems today.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it has been featured in a Wall Street Journal article on quantum computing, which highlighted its technology’s strengths in tackling real-world optimization problems.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual Reconstitution, effective at the open of US equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted on Friday, May 24th, 2024.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that Dr. Alan Baratz, CEO of D-Wave, is calling upon business leaders to immediately prioritize the exploration of quantum computing as they continue to accelerate their AI adoption.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it is participating in the upcoming Reuters Supply Chain USA 2024 conference, reflecting the company’s focus on addressing optimization challenges across supply chain logistics and manufacturing through quantum and hybrid-quantum solutions.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and the University of Southern California (USC) today announced a renewed multiyear partnership. Under the agreement, the USC Viterbi School of Engineering will continue to house a D-Wave state-of-the-art Advantage™ quantum computer, facilitating ongoing exploration and adoption of annealing quantum computing solutions for businesses, researchers, and government.

D-Wave Quantum Inc., (NYSEQBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its first fiscal quarter ended March 31, 2024.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced its participation in the upcoming Needham Technology, Media and Consumer Conference. Dr. Alan Baratz, CEO of D-Wave, is scheduled to take part in a fireside chat on Thursday, May 16, 2024, at 1:30pm ET, offering an in-depth discussion about the company’s latest advancements, strategic direction, and the measurable outcomes that quantum computing is delivering for businesses today.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2024 ended March 31, 2024 on Monday, May 13 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today launched the fast-anneal feature, available on all of D-Wave’s quantum processing units (QPUs) in the Leap™ real-time quantum cloud service.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that its Qubits 2024 quantum computing conference will take place in Boston on June 17 and 18, 2024. Themed “Success, Powered by Quantum,” the conference will demonstrate how D-Wave, partners, and customers such as Momentum Worldwide (part of Interpublic Group), Los Alamos National Lab, Zapata AI and others are achieving tangible outcomes with D-Wave’s innovative annealing quantum computing technology.

D-Wave Quantum Inc., (NYSEQBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2023.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it is expanding its executive team to supercharge both its go-to-market growth strategy and product innovation.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 on Thursday, March 28 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced today that it will participate in the 36th Annual Roth Conference March 17-19, 2024.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today launched a new go-to-market (GTM) growth strategy designed to accelerate adoption and deployment of commercial quantum technologies. Initially focused on key verticals, including logistics, manufacturing, and government, the GTM effort extends D-Wave’s leadership position in commercial quantum computing. The strategy reinforces how the company’s unique annealing quantum computing solutions can help organizations solve their most computationally complex problems today.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in commercial quantum computing systems, software, and services, today announced it has regained compliance with the New York Stock Exchange (“NYSE”) continued listing standard for minimum share price under Section 802.01C of the NYSE Listed Company Manual.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it is addressing the escalating demand for skilled quantum programmers with the launch of a new, six-module quantum training course called “Foundations for Quantum Programming.” This self-paced, online course equips learners with essential mathematics and Python skills, laying a solid foundation for success with D-Wave’s flagship course, “Quantum Programming Core.”

NEC Australia and leading international quantum computing company, D-Wave Quantum Inc. (NYSEQBTS) (D-Wave), are partnering to release two new quantum services to the Australian market, further enhancing their quantum computing offering and options for Australia’s commercial sector, federal and state governments, and academia.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that the 1,200+ qubit Advantage2 prototype is now available via the company’s Leap real-time quantum cloud service. Customers who have Leap service subscriptions can access the new Advantage2 prototype today, and those new to the Leap service can sign up and get up to one minute of free use of the actual quantum processing units (QPUs) and quantum hybrid solvers, including the new Advantage2 prototype.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, is pleased to announce a new strategic alliance with Deloitte Canada to expedite the exploration and adoption of quantum computing solutions among governments and businesses in Canada. Deloitte is a global leader in serving the public sector, and this collaboration with D-Wave aims to accelerate the adoption of near-term quantum technologies, such as annealing quantum computing and quantum-hybrid, to tackle key computationally complex challenges faced by the public sector in Canada.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it has calibrated a 1,200+ qubit Advantage2 prototype, which will soon be available in the company’s Leap real-time quantum cloud service. Developed with a new lower-noise, multilayer superconducting integrated-circuit fabrication stack, the new Advantage2 prototype demonstrates significant performance gains on hard optimization problems and is expected to be particularly powerful for new use cases such as machine learning.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the addition of Kirstjen Nielsen, former Secretary of the U.S. Department of Homeland Security, to its board of directors. Secretary Nielsen joins D-Wave as the company continues to drive increasing enterprise and government adoption of quantum technology.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced it will participate in the 26th Annual Needham Growth Conference.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the successful completion of its SOC 2® Type 2 audit as of December 7, 2023, as the company supports increased commercial customer adoption and production use of its quantum computing solutions. The achievement makes D-Wave the first full-stack quantum computing provider to achieve SOC 2 Type 2 compliance. This milestone follows D-Wave’s successful SOC 2 Type 1 audit, which was completed in March 2023.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, commends U.S. policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (NDAA) that was passed by Congress and signed into law by President Biden on December 22, 2023. This significant action establishes a program focused on near-term applications development to solve problems facing the Department of Defense (DOD) including the Armed Forces. This program will test, evaluate, and use quantum and quantum-hybrid applications to address problems facing our defense, military, and national security operations, such as meeting the near-term needs of warfighters, and explicitly calls out consideration to use annealing quantum computing and quantum-hybrid technologies. The new law also calls for building and strengthening relationships between the DOD, academic institutions, small businesses, and non-traditional defense contractors, an important move given the significant quantum innovation driven by small businesses like D-Wave.

A collaborative project leveraging quantum computing has taken an important step in the realm of sustainable building design. This initiative, a quantum proof of concept (qPoC) spearheaded by VINCI Energies | DIANE, uptownBasel | QuantumBasel, and D-Wave (NYSEQBTS), focused on optimizing the design of heating, ventilation, and air conditioning (HVAC) systems for complex buildings.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced important research results that demonstrate successful Quantum Error Mitigation (QEM) in its Advantage2 annealing quantum computing experimental prototype. The techniques reduce errors in quantum simulations, producing results consistent with the quantum system maintaining its quantum state (“coherence”) for an order of magnitude longer time than an unmitigated system. These techniques are expected to drive performance advancements in the forthcoming Advantage2 system and future processors.

D-Wave Quantum Inc., (NYSEQBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its fiscal third quarter ended September 30, 2023.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced its support for legislation intended to expand the National Quantum Initiative (NQI). The newly introduced language pushes for additional commercialization efforts, support for industry engagement within U.S. quantum programs, a dedicated near-term quantum application development program, and an overarching inclusion of all quantum computing systems and quantum-hybrid technologies.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and QuantumBasel, Switzerland’s first quantum hub for commercial use embedded in the uptownBasel innovation campus, today announced a two-year extension to the companies’ strategic relationship to further accelerate quantum and quantum-hybrid application development in Europe. As part of the agreement, D-Wave will open a European office on the QuantumBasel campus, establishing an onsite presence in support of the companies’ joint efforts to fast-track the commercialization of quantum computing in the region.

D-Wave Quantum Inc. (NYSEQBTS), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the third quarter ended September 30, 2023 on Thursday, November 9 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/.

D-Wave Quantum Inc. (NYSEQBTS) (the "Company"), a leader in quantum computing systems, software and the world’s first commercial supplier of quantum computers, today announced that it received notice from the New York Stock Exchange (the “NYSE”) on October 20, 2023 that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because, as of October 20, 2023, the average closing price of the Company’s common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s common stock from the NYSE.