D-Wave Quantum Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Company Description
- CEO
- Alan E. Baratz
- Full Time Employees
- 385
- Sector
- Technology
- Industry
- Computer Hardware
- Address
- 2650 East Bayshore Road Palo Alto CA United States of America 94303
- IPO Date
- Dec 11, 2020
- CIK
- 0001907982
- Website
- dwavequantum.com
- Similar Companies
- Business
- D-Wave Quantum Inc. (NYSE: QBTS) develops and delivers quantum computing systems, software, and services worldwide, specializing in annealing quantum computers for practical optimization applications across industries including logistics, financial services, manufacturing, life sciences, and artificial intelligence. The company offers Advantage and Advantage2 quantum computers, featuring over 4,400 qubits in the latest fifth-generation systems; Leap quantum cloud service, providing real-time access to quantum hardware and hybrid solvers with production-grade security and 99.9% uptime; Ocean suite of open-source developer tools; Launch professional services program for enterprise onboarding from problem discovery to production deployment; and Quantum QuickStart training, alongside hybrid solver services combining quantum and classical resources for enterprise-scale problems. Founded in 1999 and headquartered in Palo Alto, California, with key research facilities in Burnaby, British Columbia, Canada, and additional offices supporting sales and operations in the United States, Europe, and Asia, D-Wave serves commercial enterprises, government agencies, research institutions, and developers targeting complex challenges such as employee scheduling, portfolio optimization, vehicle routing, drug discovery, and fault detection. In recent developments, the company launches the general availability of its most advanced Advantage2 system via cloud and on-premises in 2025, secures $400 million in funding to fuel expansion and scale toward 100,000-qubit targets, deepens strategic partnership with NASA's Jet Propulsion Laboratory for cryogenic packaging and multichip interconnect advancements, teams with Carahsoft for U.S. government sales, and delivers systems to Davidson Technologies for national defense applications; earlier, it formed a technical and commercial alliance with Zapata AI to integrate quantum annealing with generative AI for molecule discovery and machine learning.
Company News
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