D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers. The company today announced a series of product and business updates demonstrating continued progress and momentum of its leadership in driving the commercialization of quantum computing.
“D-Wave is rapidly accelerating the commercialization of quantum computing,” said Alan Baratz, CEO of D-Wave. “We’re taking a number of steps to help our customers expeditiously unlock the power of quantum computing for the enterprise, today, including expanding our feature selection offerings to help solve key AI/ML workstreams, enabling access to our Advantage system in new countries including Israel, and adopting new processes and compliance measures to reinforce our commercial-readiness. In addition, we’re building upon our cash position by pursuing a variety of financing options to increase our access to capital and enable us to execute on the growth opportunities ahead.”
To view the full press release, visit https://ibn.fm/7mN7R
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information about the company, visit www.DWaveSys.com.
NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS
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