FridayFeb 07, 2025 10:45 am

D-Wave Quantum Inc. (NYSE: QBTS), Carahsoft Joining Forces to Expand Distribution of Quantum Computing Solutions to the Public Sector

Under the terms of the agreement, the two companies will co-market D-Wave’s comprehensive solutions to the public sector through Carahsoft’s reseller network. The partnership aims to support growing public sector interest in annealing quantum computing to address complex optimization problems. Available solutions will include real-time access to D-Wave’s Advantage™ quantum computing systems through D-Wave’s Leap™ quantum cloud service, as well as workforce training programs and specialized support. Quantum and hybrid quantum applications using D-Wave’s technology can address various priorities in sectors such as national defense, intelligence, emergency response and management, energy reliability and resilience, infrastructure optimization and more. D-Wave Quantum…

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TuesdayJan 28, 2025 10:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Increase in Fiscal Year 2024 Bookings and First-Ever Customer Purchase of an Advantage(TM) Quantum Computer

D-Wave bookings for fiscal year 2024 will exceed $23 million, marking at least a 120% increase compared to fiscal year 2023, an increase driven in part by first-ever customer purchase of a D-Wave(TM) Advantage annealing quantum computing system. The company also announced the successful completion of a $150 million “at-the-market” (“ATM”) equity offering, contributing to a current cash balance of approximately $320 million. The Advantage quantum computer purchase represents an expansion of the company’s revenue model as a result of broadening its go-to-market offering to include on-premises system sales. CEO Dr. Alan Baratz emphasized that the company believes the world…

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MondayJan 27, 2025 8:30 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils Leap Quantum LaunchPad™ Program to Accelerate Adoption of Quantum Computing

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems and the world’s first commercial supplier of quantum computers, has launched the Leap Quantum LaunchPad™ program to advance quantum computing application deployment. The initiative offers a three-month free trial granting access to D-Wave's technology, including its Advantage™ quantum computers and Leap™ cloud service, along with expert technical guidance. Aimed at helping businesses tackle complex optimization challenges, the program supports rapid exploration, development, and production of quantum and hybrid-quantum applications. Chief Revenue Officer Lorenzo Martinelli highlighted the program’s potential to enable organizations to address critical problems with quantum technologies. Additionally,…

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FridayJan 17, 2025 8:45 am

D-Wave Quantum Inc. (NYSE: QBTS) CEO Dr. Alan Baratz Details Quantum Computing Approach and Real-World Value in Response to NVIDIA CEO Jensen Huang’s Comments

At CES 2025, NVIDIA’s CEO Jensen Huang said practical quantum computing may still be 15 to 30 years away D-Wave CEO Dr. Alan Baratz rejected the claim, highlighting that his company’s annealing quantum computing solutions are already available and are solving useful problems The company is working with more than 100 organizations across multiple industries to address complex optimization issues, such as production and workforce scheduling, resource optimization, logistics routing and more D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced that CEO Dr. Alan Baratz…

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TuesdayJan 14, 2025 7:30 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Refutes NVIDIA CEO’s Quantum Computing Comments on CNBC

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz appeared on CNBC’s “The Exchange” on January 8th to address recent comments by NVIDIA CEO Jensen Huang regarding quantum computing’s readiness. Dr. Baratz clarified that D-Wave’s annealing quantum computing systems are already commercially available and solving real-world problems, unlike gate-model quantum computers, which may still face significant development timelines. He highlighted D-Wave’s success in optimization problems, such as materials simulations, and emphasized the company’s work with a multitude of customers that are using D-Wave technology today to solve complex…

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FridayJan 10, 2025 8:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Completes Second SOC 2(R) Type 2 Audit, Confirming Commitment to Rigorous Data Privacy Standards

Established by the American Institute of Certified Public Accountants and recognized worldwide, the SOC 2 Type 2 examination is designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of their potential and existing customers are protected. SOC 2 Type 2 compliance is part of D-Wave’s ongoing efforts to support customers’ production deployments of quantum and hybrid-quantum applications. The company completed its first SOC 2 Type 2 audit in December 2023 and plans to perform these assessments every year. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and…

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TuesdayJan 07, 2025 9:30 am

D-Wave Quantum Inc. (NYSE: QBTS) CEO Dr. Alan Baratz Discusses Rapidly Increasing Commercialization of Quantum Computing on Fox Business

During a recent interview on Fox Business’ Making Money with Charles Payne, CEO Dr. Alan Baratz said that D-Wave has taken a different approach, allowing it to move faster and begin providing commercial quantum solutions. D-Wave has the largest quantum computers in the world and is the first to support real business applications in production. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced recently that its CEO Dr. Alan Baratz was interviewed on Fox Business’ Making Money with Charles Payne, discussing the state of the…

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MondayDec 09, 2024 7:30 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Highlights Commercial Success of Annealing Quantum Computing on Fox Business

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing, announced that CEO Dr. Alan Baratz recently appeared on Fox Business' Making Money with Charles Payne, discussing the state of the quantum industry and D-Wave's advancements in the space. Dr. Baratz emphasized that D-Wave operates the world’s largest quantum computers, which are being used now to support business applications. The company’s annealing quantum computing technology excels in solving complex optimization problems, such as workforce scheduling, logistics routing, and resource allocation. D-Wave views annealing as a key driver for the commercial adoption of quantum computing. To view the full press release,…

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ThursdayDec 05, 2024 8:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Names New Board of Directors Member as Stock Price Hit 52-Week High

The company’s share price recently reached a 52-week high, a significant milestone that reflects a period of robust trading and investor optimism. D-Wave continues efforts to expand its board of directors with experienced tech executives to assist the company’s aggressive go-to-market strategy and accelerate adoption of its annealing quantum computing technology. The latest board addition, Sharon Holt, is a veteran technology executive, investor and board director with extensive global industry experience. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has seen a remarkable share price surge…

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TuesdayDec 03, 2024 8:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Completes Q3 2024 with Key Product Milestones, New Partnerships and Technological Breakthroughs

Among the most notable technical achievements was the completion of the calibration of a 4,400 qubit Advantage2(TM) processor, capable of solving much larger and complex problems with faster time-to-solution than earlier generation processors. D-Wave earned “awardable” status on the U.S. Department of Defense’s Tradewinds buying platform, gaining increased visibility with U.S. government customers. New partnerships and collaborations include working with NTT DOCOMO, Japan Tobacco Inc., Staque and the Chicago Quantum Exchange. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, recently announced Q3 2024 business results, highlighting…

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