D-Wave Expands Executive Team to Bolster Growth, Execution

Earlier this week, D-Wave Quantum Inc. (NYSE: QBTS) announced that it was making new appointments to its team to advance product innovation and growth strategy. The company, a leader in quantum computing systems, services and software, is the first commercial supplier of quantum computers globally.

The new appointments include Dr. Trevor Lanting’s promotion to chief development officer and Lorenzo Martinelli’s appointment as the firm’s chief revenue officer. As chief development officer, Lanting will be in charge of leading the conpany’s product innovation roadmap, which includes its full stack of quantum computing software and hardware solutions.

Lanting has more than 15 years’ experience in technology development at the conpany. Prior to his promotion, he was the senior vp of software, algorithms and cloud services. He will also be in charge of advancing the science of quantum computing and directing the development of the company’s Advantage annealing quantum computing systems. This is in addition to leading the interdisciplinary team focused on algorithm development and performance research and directing ongoing development of its gate model computing program.

Martinelli is a cloud entrepreneur and IT industry veteran whose primary role will be to spearhead D-Wave’s commercial expansion into prime vertical markets. He will be in charge of executing the conpany’s go-to-market strategy, which is focused on speeding up the adoption and deployment of its quantum technologies across verticals such as manufacturing, logistics and government.

Martinelli has more than three decades’ experience in the industry, having guided businesses from launches to initial public offerings with extensive leadership experience from roles at Infor (formerly Baan), AristaSoft, E2open, QAD DynaSys, IBM and HPE (formerly Digital Equipment).

His expertise in coming up with go-to-market strategies for optimization applications will help the company effectively capitalize on the industry’s transition to quantum computing.

D-Wave CEO Dr. Alan Baratz stated that the new appointments marked a turning point as enterprise customers had began moving quantum applications to production. Baratz explained that the leadership and expertise of these appointed individuals would be instrumental in executing the conpany’s go-to-market strategy, advancing its technology innovation, and firing up new commercial opportunities.

D-Wave’s mission is to unlock the power of quantum computing to benefit businesses as well as the society at large. Currently, its technology is used by global organizations such as Deloitte, Lockheed Martin, MasterCard, NEC Corp., Unisys, Siemens Healthineers, ArcelorMittal, DENSO, Davidson Technologies, Los Alamos National Laboratory, Pattison Food Group Limited, and Forschungszentrum Jülich, among others.

NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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