BillionDollarBreaks Archive - BillionDollarClub

FridayAug 08, 2025 9:00 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Posts 42% YoY Revenue and Gross Profit Growth and Record Cash Position

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, reported Q2 2025 revenue of $3.1 million, up 42% year-over-year, Q2 2025 gross profit of $2.0 million, up 42% year-over-year and ended the quarter with a record $819 million in cash following a successful $400 million At-the-market (ATM) equity offering. During the quarter, the company launched its sixth-generation Advantage2TM quantum computer system, signed a memorandum of understanding related to the acquisition of an on-premises system in South Korea, released a collection of offerings to help developers explore quantum AI and ML, introduced…

ThursdayAug 07, 2025 11:20 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Launches Open-Source Toolkit for Quantum AI and Machine Learning

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has released a new suite of developer tools aimed at accelerating quantum artificial intelligence (AI) and machine learning (ML) innovation. The launch includes an open-source quantum AI developer toolkit and a demo that allows developers to integrate D-Wave’s quantum processors into modern AI and ML frameworks. As a part of D-Wave’s OceanTM software suite, the toolkit enables direct integration between D-Wave’s quantum computers and PyTorch, a production-grade ML framework widely used to build and train deep learning models. The toolkit includes a PyTorch neural network…

ThursdayJul 31, 2025 8:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Launches Advanced Cryogenic Packaging Initiative to Scale Quantum Processor Development

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, announced a strategic initiative focused on advanced cryogenic packaging to accelerate development of both its gate-model and annealing quantum processors. The effort builds on D-Wave’s superconducting packaging expertise and aims to expand multichip capabilities and manufacturing processes to support larger, more powerful quantum systems. Leveraging superconducting bump-bond technology developed at NASA’s Jet Propulsion Laboratory, D-Wave has demonstrated end-to-end superconducting interconnects between chips, which D-Wave believes is a key step in scaling its annealing and fluxonium-based gate-model architectures. Chief Development Officer Trevor Lanting said the initiative…

TuesdayJul 22, 2025 10:00 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports Strong Expectations for Quantum Computing-Based Optimization

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, released findings from a survey conducted with Wakefield Research showing rising enterprise interest in quantum optimization. The survey polled 400 business leaders, defined as logistics or operational managers and decision-makers who make decisions about optimization in their line-of-business. Of the business leaders surveyed who have implemented quantum optimization or plan to do so within the next two years, 46% expect return on investment (ROI) between $1 and $5 million within a year, while 27% anticipate an ROI exceeding $5 million within that time. The report highlights…

WednesdayJun 18, 2025 2:40 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Signs MOU to Advance Quantum Computing in South Korea

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City aimed at accelerating quantum computing adoption in South Korea. Supporting the region’s ambition to become a global quantum technology hub, the MOU outlines plans to work together on research, talent development, and use case exploration across biotechnology, materials science and other sectors. The MOU also facilitates the organizations’ collaborative efforts towards the acquisition of a D-Wave Advantage2™ quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon.…

FridayMay 23, 2025 12:43 pm

BillionDollarBreaks – Beam Therapeutics Inc. (NASDAQ: BEAM) to Present New Sickle Cell Data from BEACON Trial at EHA2025

Beam Therapeutics (NASDAQ: BEAM), a biotechnology firm pioneering precision genetic medicines via base editing, announced it will present updated data from its BEACON Phase 1/2 trial of BEAM-101 at the European Hematology Association 2025 Congress, June 12-15 in Milan. BEAM-101 is an investigational, one-time ex vivo cell therapy targeting severe vaso-occlusive crises in sickle cell disease (SCD). The new data, covering safety and efficacy outcomes in 17 patients, will be highlighted during multiple poster sessions on June 13, underscoring BEAM-101’s potential to provide a durable treatment by addressing the root cause of SCD. Additional presentations will explore biomarkers, manufacturing advances,…

FridayMay 09, 2025 11:15 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports Record Revenue, Gross Profit and Cash Balance along with Quantum Supremacy Breakthrough in Q1

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, posted record first quarter 2025 revenue of $15 million, up 509% from the prior year. Business and financial results for the quarter included the first Advantage™ annealing quantum computer sale and publication of breakthrough research demonstrating quantum supremacy on a real-world problem. The company ended the quarter with a record $304.3 million in cash on hand. Consolidated gross margin rose to 92.5%, with the company citing sufficient liquidity to reach profitability. To view the full press release, visit https://ibn.fm/NlYk5 About D-Wave Quantum Inc. D-Wave is a leader…

ThursdayMay 08, 2025 10:35 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in Multiple Investor Conferences Through June

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that it will participate in several upcoming investor conferences. These include the Needham Technology, Media & Consumer Virtual Conference on May 9 and 12, the J.P. Morgan Global TMC Conference on May 13 in Boston, the J.P. Morgan Virtual Quantum Conference on May 20, the B. Riley Institutional Investor Conference on May 21 in Los Angeles, the Stifel 2025 Boston Cross Sector Conference on June 3-4, and the ROTH London Conference on June 24-26. Interested parties are advised to contact the respective investment banks…

FridayApr 25, 2025 10:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Report First Quarter Fiscal Year 2025 Financial Results on May 8

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software, and services, will release its first-quarter fiscal 2025 results before market open on Thursday, May 8, 2025. D-Wave will host a conference call featuring CEO Dr. Alan Baratz and CFO John Markovich at 8:00 a.m. ET that day to discuss financial results and business outlook. The earnings press release and webcast replay will be available on the D-Wave Investor Relations website. To view the full press release, visit https://ibn.fm/nXII6. About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing…

ThursdayApr 24, 2025 1:33 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Advances U.S. Quantum Infrastructure with Davidson Installation Milestone

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced the completion of physical assembly for its Advantage2TM annealing quantum system at Davidson Technologies’ headquarters in Huntsville, Alabama. The system, the first of its kind hosted on-premises in the state, is entering final calibration and testing ahead of operational deployment. Developed in partnership with Davidson, the companies believe that the installation marks a pivotal step in advancing secure quantum computing capabilities for U.S. Department of Defense applications. A private ribbon-cutting ceremony was held on April 23 to commemorate the milestone. The system is intended to support mission-critical quantum optimization efforts in areas such…

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