BillionDollarBreaks Archive - Page 13 of 21

TuesdayAug 22, 2023 3:34 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Updates to Quantum Hybrid Solver, Tackles More Complex Optimization Problems

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has updated its Constrained Quadratic Model (“CQM”) hybrid solver in its Leap(TM) quantum cloud service. According to the announcement, the enhanced Constrained Quadratic Model solver helps businesses solve more complex optimization problems through quantum/classical computation. First made available in October 2021, the CQM solver allows users to benefit from a simplified expression of their constrained problems. It expands the size and complexity of problems customers can solve with constraints in D-Wave’s hybrid solver to find the best answers…

MondayAug 21, 2023 2:00 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Davidson Technologies Inc. Collaborate to Advance Intelligent Solutions for Defense and Aerospace

D-Wave (NYSE: QBTS), a leader in commercial quantum computing systems, software and services, has announced progress in a collaboration with Davidson Technologies, a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers. According to the update, the collaboration aims to create solutions that advance national defense efforts. At the Space and Missile Defense Symposium, the companies revealed their efforts in building two applications that focus on interceptor assignment and optimized radar scheduling. For more information, visit https://ibn.fm/33gny About D-Wave Quantum Inc. D-Wave is a leader in the development and…

FridayAug 11, 2023 2:04 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q2 Financial Highlights, Business Updates

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is reporting on its financial results for fiscal second quarter ended June 30, 2023. Highlights of the report include $1.7 million in revenue, total bookings of $2.5 million, and a cash balance of more than $50 million. In addition, the company signed several new and expanded existing customer engagements with Forbes Global 2000 companies during the quarter, while also working with customers on a variety of new quantum and quantum-hybrid applications including media and advertising optimization, industrial construction, financial market performance predictions, transportation logistics and more. The company saw its…

MondayAug 07, 2023 2:59 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Davidson Technologies Showcase National Defense Solutions at Space and Missile Defense Symposium

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is collaborating with Davidson Technologies Inc. to create innovative new solutions to complex problems in the defense and aerospace sectors. Davidson Technologies is a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers. The two companies are participating in this week’s Space and Missile Defense Symposium. According to the announcement, D-Wave and Davidson Technologies have built two new applications. The interceptor assignment app is designed to mitigate potential attacks by evaluating a multitude of complex…

WednesdayAug 02, 2023 3:59 pm

BillionDollarBreaks – Benchmark Company Raises Price Target on D-Wave Quantum Inc. (NYSE: QBTS)

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, was featured in a recent equity research report published by The Benchmark Company LLC. The publication covers three public quantum computing companies, including D-Wave, and discusses a shifting in investor sentiment with quantum computing stocks in the report significantly outperforming the tech sector as the AI theme gathers momentum. An excerpt of the report reads, “QBTS - Our $3 price target (up from $2) is based on a 5.2x EV/Sales multiple on our current 2026E revenue projections. We…

TuesdayAug 01, 2023 3:11 pm

BillionDollarBreaks – ROTH MKM Raises Price Target on D-Wave Quantum Inc. (NYSE: QBTS) from $2.00 to $5.00

D-Wave (NYSE: QBTS), a leader in the development and delivery of quantum computing systems, software and services, was featured in a recent equity research report published by ROTH Capital Partners LLC. An excerpt of the report reads, “QBTS represents a next-generation quantum computing service provider that enables advanced applications that derive a quantum advantage over classical compute capability. QBTS’ adjusted 2Q23 and CY23 revenue expectations reflect revenue recognition timing for service contracts but is seeing no impact on customer cash collections and an improving profitability outlook. We believe investor interest in the growth opportunity in quantum computing is intensifying and…

MondayJul 31, 2023 12:59 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Buy’ Rating Maintained, WestPark Capital Increases Price Target

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services was spotlighted in a recent WestPark Capital Technology research report. On July 21st, WestPark Capital, a full-service investment banking and securities brokerage firm, adjusted its D-Wave FY23 revenue/EPS estimates to $12.0 million, maintained FY24 revenue/EPS estimates of $27 million, re-iterated its buy rating on QBTS, and increased their 12-month price target by 100% from $3 to $6. WestPark Capital’s Kevin Garrigan stated “We believe D-Wave's quantum annealing system provides benefits and cost savings to commercial customers,” the report analysis stated. “Being the only company that has built…

ThursdayJul 27, 2023 12:29 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation in Upcoming Quantum Computing Webinar, New Research Collaborations

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, will participate in Deloitte’s upcoming quantum computing webinar series. The episode, slated for Aug. 3, 2023, is titled “Quantum Annealing Unleashed: Optimize Your Business Operations” and will feature a discussion by Murray Thom, D-Wave vice president of quantum business innovation; Scott Buchholz, global quantum lead at Deloitte Consulting LLP; and Sal Certo, quantum optimization lead at Deloitte. The 60-minute webinar will begin at noon ET. The hour-long event will include a discussion on annealing quantum computing’s near-term value…

WednesdayJul 19, 2023 2:54 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Pilot Program with VINCI Energies, QuantumBasel

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, announced that it is working with QuantumBasel on a quantum pilot project with VINCI Energies, an accelerator of environmental and digital transition. According to the announcement, the collaboration will use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap(TM) quantum cloud service to provide VINCI Energies with real-time access to quantum solutions. The use case for the project is the design of a heating, ventilation and air conditioning (“HVAC”) system, which includes several steps to maximize user comfort, minimize environmental burden and reduce cost of…

MondayJul 17, 2023 2:36 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Support Governmental Prioritization of Near-Term Quantum Development

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is helping fuel the adoption of near-term quantum computing solutions against a backdrop of increased government assessment, investment and legislation. “As more governments start to consider quantum applications and the use of quantum technologies to solve public sector challenges, D-Wave offers solutions oriented towards addressing optimization problems commonly faced by government agencies… Public sector solutions for emergency response, sustainability, supply chain, infrastructure, telecommunications and energy can all benefit from D-Wave’s quantum technology,” a recent article reads. “The United States National Quantum Initiative is up for reauthorization by September…

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