News Archives - BillionDollarClub

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…

MondayApr 07, 2025 9:35 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Japan Tobacco Complete Quantum AI Drug Discovery Breakthrough

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced the successful completion of a proof-of-concept project with the pharmaceutical division of Japan Tobacco Inc. that integrated quantum computing and AI to explore improved drug discovery. The project demonstrated that D-Wave’s annealing quantum technology enhanced large language models (LLMs), producing more valid and “drug-like” molecular structures compared to classical AI methods. The breakthrough underscores quantum computing’s potential to accelerate the discovery of first-in-class small-molecule compounds. To view the full press release, visit https://ibn.fm/TnaBA About D-Wave Quantum Inc. D-Wave is a leader in the development…

FridayApr 04, 2025 9:32 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Ford Otosan Launch Quantum Application to Boost Vehicle Production Efficiency

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and Ford Otosan, a joint venture of Ford Motor Company and Koç Holding, announced the deployment of a hybrid-quantum application to optimize manufacturing for the Ford Transit line of vehicles. The system uses D-Wave’s annealing quantum computing to streamline vehicle production sequencing, cutting scheduling time for 1,000 vehicles from 30 minutes to under five minutes. The technology addresses the complexity of manufacturing over 1,500 Transit variants by improving throughput and flexibility in response to shifting demand and supply chain constraints. To view the full press…

ThursdayApr 03, 2025 3:02 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Expands Quantum Optimization Offerings, Showcases Real-World Use Cases

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced several advancements at its Qubits 2025 user conference aimed at accelerating adoption of its quantum optimization solutions. The company introduced new capabilities for its hybrid nonlinear solver, which now supports continuous variables with linear interactions, enabling broader application across real-world computational problems like budget allocation and resource distribution. D-Wave also unveiled expanded use cases including offer allocation, portfolio optimization, and maintenance repair operations, with companies already seeing meaningful results using its annealing quantum computing technology. To view the full press release, visit https://ibn.fm/UNuCI About…

FridayMar 21, 2025 9:49 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils Quantum-Powered Blockchain Architecture

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has introduced a novel blockchain architecture that incorporates quantum computing techniques to enhance security and efficiency. The company’s new research paper, Blockchain with Proof of Quantum Work, details how a “proof of quantum” algorithm utilizes quantum computation to generate and validate blockchain hashes. D-Wave deployed this architecture across four of its cloud-based annealing quantum computers located in Canada and the U.S., marking the first instance of distributed quantum computing for blockchain. The research indicates that using quantum computation for hashing and proof of work could…

FridayMar 14, 2025 8:30 am

BillionDollarBreaks – D-Wave Reports Fourth Quarter and Year-End 2024 Results

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has announced its financial results for fourth quarter and year-end 2024, with a 128% year-over-year increase in bookings, reaching $23.9 million in bookings for the year ended December 31, 2024. The company also announced a consolidated cash balance that now exceeds $300 million. "Every day D-Wave’s quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable," said Dr. Alan Baratz, CEO of D-Wave. "Our mission is unwavering - to help organizations realize the benefits of quantum…

ThursdayMar 13, 2025 2:12 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Achieves Quantum Supremacy in Useful, Real-World Problem

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced a breakthrough in quantum computing, demonstrating that its Advantage2™ annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems. Published in Science, the study validates D-Wave’s achievement as the first quantum computational supremacy demonstration on a useful, real-world problem. The company’s technology solved a problem in minutes that would take the Frontier supercomputer at the Department of Energy’s Oak Ridge National Laboratory nearly one million years. The Advantage2 prototype quantum computer used in this study is now available to customers through D-Wave’s Leap™ cloud…

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