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D-Wave Quantum Inc. (NYSE: (NYSE: QBTS) is a leader in quantum computing systems, software and services focused on delivering customer value via practical
quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. As the only provider building both annealing and gate-model quantum computers, the company is unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow.
D-Wave is a pioneer in quantum computing, with a history of delivering the world’s first commercial quantum computer; the first real-time quantum cloud service; countless hardware and software product and research milestones; and the planned first cross-platform quantum solution which will deliver both annealing and gate-model quantum computers to customers via an
integrated platform. Its current commercial product offerings include: Advantage™ (fifth generation quantum computer), Leap™ (quantum cloud service), Launch™ (quantum computing onboarding service) and Ocean™ (full suite of open-source programming tools).
D-Wave’s relentless pursuit of practical quantum computing has resulted in the technology being used today by some of the world’s most advanced enterprises – more than 25 of the Forbes Global 2000 use D-Wave.
D-Wave’s commercial customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin. The company boasts an extensive IP portfolio featuring more than 200 issued U.S. patents and over 100 peer-reviewed papers published in leading scientific journals.
Founded in 1999, D-Wave is the world’s first commercial supplier of quantum computers. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, California.
Investment Considerations
- D-Wave is the world’s first commercial supplier of quantum computers.
- The company’s customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin.
- The Advantage™ Quantum Computer is currently on its 5th generation, featuring 2.5x more connections and more than double the number of qubits of its predecessor.
- Leap™ delivers immediate, real-time enterprise access to the company’s Advantage quantum computer through the cloud.
- D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners and In-Q-Tel.
- The global quantum computing market is forecast to reach $3.2 billion by 2028, expanding at a CAGR of 30.8% from 2021.
Additional Resources
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RECENT COVERAGE
InvestorNewsBreaks - D-Wave Quantum Inc.'s (NYSE: QBTS) Trailblazing Efforts in Quantum Market Featured in Bell2Bell Podcast
September 13, 2022 9:00 AM
D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, was featured in the Bell2Bell Podcast, a part of IBN’s
(“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Dr. Alan Baratz, CEO of D-Wave, joined the latest episode to introduce D-Wave and discuss its position as a trailblazer in quantum computing.
“D-Wave is the first and only commercial quantum computing company. While everybody else in the quantum space is talking about government research grants as revenue, and national labs and academic institutions as customers, we talk about companies like Mastercard, PayPal, Johnson & Johnson, GlaxoSmithKline, Volkswagen, Toyota, and Deloitte,” Dr. Baratz said.
“These are our customers – all working on real business applications to benefit their operations. While everybody else is focused on building a product, we’re focused on building a market for quantum.”
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