- D-Wave’s quantum solutions help businesses solve computationally complex optimization problems, including logistics, employee scheduling, factory processes, and more
- Advantage(TM) is D-Wave’s fifth-generation quantum computer featuring industry-leading 5,000+ qubits and 15-way qubit connectivity
- D-Wave’s commercial customers include blue-chip industry leaders like Mastercard, Deloitte, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., and Lockheed Martin
Business leaders today are faced with a myriad of solutions to consider for integration into their organization’s IT infrastructure, many of which are critical in achieving meaningful operational efficiency and business advantage. One of the most promising yet perplexing solutions is quantum computing. Most businesses are faced with a vast array of optimization problems, but solving those challenges efficiently can be incredibly challenging. D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, focuses on solving such challenges by delivering value to customers through practical quantum solutions for problems such as logistics, artificial intelligence, drug discovery, scheduling, and financial modeling.
As a leader in quantum computing, D-Wave has delivered the world’s first commercial quantum computer, the first real-time quantum cloud service, countless highly proprietary hardware and software products, and numerous scientific milestones. These innovations serve to help organizations harness the power of quantum technology to address their most computationally complex problems and to help business leaders recognize when to consider quantum over classical computing to tackle their biggest challenges.
Classical computers offer limited computation – using bits represented by 0s and 1s to store information. Quantum computers use quantum bits (qubits) to encode information as 0s and 1s with the ability to use them simultaneously. This superposition, along with other quantum mechanical phenomena and tunneling, enables quantum computers to manipulate enormous combinations all at once.
When using classical computers, business leaders are faced with the inability to search multiple avenues for solutions to complex problems – the solutions are often time-consuming and may never come to fruition. D-Wave’s quantum computer uses quantum annealing to search for solutions to these problems, with the goal of ultimately finding the best solutions without waiting weeks or months for an answer.
D-Wave’s current commercial quantum product offerings include:
- Advantage – a fifth-generation quantum computer featuring 15-way qubit connections and processor architecture with more than 5,000 qubits.
- Leap(TM) – the company’s quantum cloud service that allows developers proficient in Python to begin building and running quantum applications. Leap delivers immediate, real-time access to D-Wave’s Advantage quantum computer and hybrid solver services, with enterprise-class performance and scalability.
- Ocean(TM) – a suite of open-source Python tools that empower developers to experiment, rapidly develop, and harness the power of Advantage to solve complex problems.
- Launch(TM) – an onboarding solution that helps businesses get started on the quantum journey. Launch was designed to guide enterprises from problem discovery through in-production application deployment.
D-Wave’s commercial customers include blue-chip industry leaders like Volkswagen, Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, Accenture, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO and Lockheed Martin. D-Wave features a diverse and robust collection of use cases on its Customer Success Stories page, showing how quantum computing has provided value in the real world (https://ibn.fm/ecL2y).
For more information, visit the company’s website at www.DWaveQuantum.com.
NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS
This article contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this article include, but are not limited to, statements regarding the release and performance of the Advantage2 processor. We cannot assure you that the forward-looking statements in this article will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; customer acceptance of our products and services; and the uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the registration statement on Form S-1 filed by the Company with the SEC on February 13, 2023, as well as factors associated with companies, such as D-Wave, that are engaged in the business of quantum computing, including anticipated trends, growth rates, and challenges in those businesses and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; changes in applicable laws and regulations; the effect of pandemics, geopolitical events, natural disasters, wars, or terrorist acts on our business or the economy in general; and the impact of inflation. Furthermore, if the forward-looking statements contained in this article prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not place undue reliance on these statements in making an investment decision or regard these statements as a representation or warranty by any person we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this article represent our views as of the date of this article. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this article.
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