D-Wave Quantum Inc. Common Shares (QBTS)

D-Wave Quantum (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, reported a 120%+ increase in bookings for fiscal year 2024 compared to 2023 figures. According to a company news release, bookings for fiscal year 2024 exceed $23 million, an increase driven by several major milestones including the first-ever customer purchase of a D-Wave Advantage annealing quantum computer ( https://ibn.fm/9aHB5 ).

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems and the world’s first commercial supplier of quantum computers, has launched the Leap Quantum LaunchPad program to advance quantum computing application deployment. The initiative offers a three-month free trial granting access to D-Wave’s technology, including its Advantage quantum computers and Leap cloud service, along with expert technical guidance.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has completed its $150 million “at-the-market” equity offering program, selling shares at an average price of $6.10, a 3.7% premium over the volume-weighted average price during the sales period. The company currently has approximately $320 million in cash, which it will use for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations. CEO Dr. Alan Baratz stated that the company believes that the funds will provide the company with the capital necessary to fully execute its operating plan to sustained profitability and positive cash flow.

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 (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced that CEO Dr. Alan Baratz responded to NVIDIA CEO Jensen Huang’s recent comments about quantum technology during an interview on CNBC’s The Exchange on Jan. 8, 2025. Dr. Baratz highlighted his company’s approach to building functional quantum computing technology, the real-world value of D-Wave’s annealing quantum computing solutions and the company’s efforts to accelerate commercial adoption.

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”) announced that fiscal 2024 bookings will exceed $23 million, an approximately 120% increase from 2023, and fiscal Q4 bookings reached at least $18 million, an approximately 500% rise from $3 million in Q4 2023 bookings. The company also secured its first customer purchase of a D-Wave Advantage annealing quantum computing system, the world’s largest quantum computer with over 5,000 qubits, marking a significant expansion in its revenue model by including on-premise system sales alongside its Leap quantum cloud service. D-Wave ended fiscal 2024 with a record approximately $178 million in cash.

D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz appeared on CNBC’s “The Exchange” on January 8th to address recent comments by NVIDIA CEO Jensen Huang regarding quantum computing’s readiness.

D-Wave Quantum (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced that it has completed its second SOC 2 Type 2 audit, a reflection of its ability to provide customers with secure, enterprise-grade quantum computing solutions. The company completed its first SOC 2 Type 2 audit in December 2023 and has maintained this rigorous compliance standard, demonstrating its ongoing commitment to customer data security and protection ( https://ibn.fm/uK7ig ).

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”), a leading quantum computing company, announced that it is participating in the 27th Annual Needham Growth Conference on Jan. 14, 2025. A fireside chat will feature CEO Dr. Alan Baratz and Needham senior analyst Quinn Bolton discussing D-Wave’s advancements in quantum computing, its leadership in quantum optimization as a key use case, the growing application of its annealing technology in customer production environments, and the intersection of quantum computing and AI.

Microsoft President and Vice Chair Brad Smith revealed on Friday that the company is set to allocate approximately $80 billion toward artificial intelligence (AI) initiatives during the 2025 fiscal year. Smith noted that AI has the potential to revolutionize nearly every facet of life, stressing the importance of the U.S. taking a leadership role in the development and deployment of this transformative technology.

D-Wave Quantum (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced recently that its CEO Dr. Alan Baratz was interviewed on Fox Business’ Making Money with Charles Payne, discussing the state of the quantum industry and real-world impact D-Wave’s annealing quantum computing is delivering for businesses today ( https://ibn.fm/vx9Nk ).

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.

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PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum computing is a revolutionary technology in computer science that utilizes the principles of quantum mechanics to process information. Unlike classical computers that use bits with a value of 0 or 1, quantum computers use qubits, which can exist in multiple states at once, enabling them to solve complex problems much faster. Quantum computing has the potential to revolutionize industries such as finance, healthcare, and materials science. The quantum computing market is expected to grow significantly due to increasing research and development in quantum technology, patent filings, and quantum initiatives from various organizations. A report from Technavio projected that the global quantum computing market size is estimated to grow by USD 17.34 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 26.37% during the forecast period. Increasing expenditure by stakeholders is driving market growth, with a trend towards growth of ai and machine learning. The report said: “The quantum computing market is experiencing significant growth as businesses explore the potential of this revolutionary technology. Quantum computing, based on quantum theory and mechanics, promises to solve complex problems faster than classical computers. Key trends include AI, cloud computing, and partnerships with tech giants like AMD. Patent filings indicate a focus on hardware and software development, with applications in various sectors such as biomedical simulations, optimization, and manufacturing. Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), D-Wave Quantum Inc., NYSE: QBTSNYSEQBTS)(NASDAQ: NVDANASDAQNVDA, Intel Corporation (NASDAQ: INTCNASDAQ), IBM (NYSE: IBMIBM).

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”), a leader in quantum computing, announced that CEO Dr. Alan Baratz recently appeared on Fox Business’ Making Money with Charles Payne, discussing the state of the quantum industry and D-Wave’s advancements in the space.

D-Wave Quantum (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced the successful completion of $175 million in gross proceeds from its $100 million and $75 million “at-the-market” equity offering programs. The $75 million program, initiated on December 9, closed at an average price of $4.8149 per share, with D-Wave stock trading at a Volume Weighted Average Price of $4.6625 over the same period.

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.

EQNX::TICKER_START (NASDAQZENA),NASDAQ:RGTINASDAQRGTI)(NYSE:QBTSNYSEQBTS,(NYSE:IONQNYSE),(NASDAQ:QUBTQUBT) EQNX::TICKER_END

PALM BEACH, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum Computing is on the forefront of technological innovation. As the next evolution in computational science, quantum computing leverages the principles of quantum mechanics to perform complex calculations exponentially faster than traditional computers. Quantum-classical computing can process large amounts of data in parallel, making it ideal for modeling complex systems like weather. According to a report from Quantum Zeitgeist, the global weather forecasting market, valued at $2.39 billion in 2022, is expected to grow over 6% annually in the next six years. The report said: “A non-profit research corporation and an international bank are exploring the use of hybrid quantum-classical computing to improve weather forecasting. The researchers are testing a flexible Hybrid Quantum Reservoir Computing (HQRC) algorithm on weather-related problems. The Potential of Quantum-Classical Computing in Weather Forecasting - Weather systems are inherently complex, with numerous variables interacting in nonlinear ways. Traditional computational methods often struggle to accurately capture the intricacies of these systems due to the high computational demands required for predictability. Small errors in models can lead to significant divergences in forecast outcomes. However, quantum-classical computing offers a promising avenue due to its ability to process vast amounts of data in parallel, making it well suited for modelling chaotic systems.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Rigetti Computing NASDAQ: RGTINASDAQRGTI)(NYSE: QBTSNYSEQBTS, IonQ (NYSE: IONQNYSE), Quantum Computing Inc. (NASDAQ: QUBTQUBT).

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.