D-Wave Quantum Inc. QBTS Archives

MondayJun 02, 2025 11:10 am

D-Wave Quantum Inc. (NYSE: QBTS) Launches Commercial Availability of Advantage2(TM) Quantum System

Advantage2 offers a 4,400+ qubit processor with improved coherence and connectivity The system targets real-world applications in optimization, materials simulation, and AI, and features a 75% reduction in noise and a 40% energy scale increase over the predecessor Advantage(TM) quantum system Customers can access the Advantage2 system via D-Wave’s Leap(TM) cloud service or deploy it on-premises The Advantage2 system represents a remarkable achievement in helping customers realize value from quantum computing right now, said CEO Dr. Alan Baratz D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has officially announced the general availability of…

ThursdayMay 29, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) CEO Highlights Revenue Increase, Commercial and Technical Momentum, in Fox Business Interview

D-Wave reported Q1 2025 revenue of $15 million, up 509% year over year. The revenue jump was driven by the sale of an Advantage(TM) quantum system to the Jülich Supercomputing Centre in Germany. CEO Dr. Alan Baratz says D-Wave’s recent quantum supremacy demonstration influenced the sale, while also catching the attention of the supercomputer community and national labs around the world. Dr. Baratz reiterated that annealing quantum computing is uniquely suited for real-world optimization tasks. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, is seeing momentum build on both the technical and commercial…

ThursdayMay 15, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Record First Quarter Revenue, Gross Profit and Cash Position

The company posted record quarterly revenue of $15 million, up over 500% from Q1 2024. Gross profit surged to $13.9 million, driven by a high-margin Advantage™ quantum system sale. The company ended Q1 with $304.3 million in cash, its highest quarter-end balance in the company’s history. Customer count grew to 133, with 69 commercial users including 25 Forbes Global 2000 firms. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, reported a significant increase in revenue, gross profit, and cash reserves for the first quarter of fiscal 2025, enabled by the sale of a…

FridayMay 09, 2025 11:15 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports Record Revenue, Gross Profit and Cash Balance along with Quantum Supremacy Breakthrough in Q1

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, posted record first quarter 2025 revenue of $15 million, up 509% from the prior year. Business and financial results for the quarter included the first Advantage™ annealing quantum computer sale and publication of breakthrough research demonstrating quantum supremacy on a real-world problem. The company ended the quarter with a record $304.3 million in cash on hand. Consolidated gross margin rose to 92.5%, with the company citing sufficient liquidity to reach profitability. To view the full press release, visit https://ibn.fm/hM5ak About D-Wave Quantum Inc. D-Wave is a leader…

FridayApr 25, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) and Japan Tobacco Complete Quantum AI Project Designed to Improve Drug Discovery Outcomes

D-Wave and Japan Tobacco’s pharmaceutical division completed a proof-of-concept project aimed at speeding up and improving the design of small molecule pharmaceuticals. D-Wave’s annealing quantum computer was used to train large language models within Japan Tobacco’s AI framework. The quantum-hybrid application outperformed classical methods in generating valid and drug-like molecules. Japan Tobacco plans to further pursue Quantum AI in molecular design following these early results. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. (“JT”), have announced the successful completion of a proof-of-concept project applying quantum…

FridayApr 25, 2025 10:30 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Report First Quarter Fiscal Year 2025 Financial Results on May 8

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software, and services, will release its first-quarter fiscal 2025 results before market open on Thursday, May 8, 2025. D-Wave will host a conference call featuring CEO Dr. Alan Baratz and CFO John Markovich at 8:00 a.m. ET that day to discuss financial results and business outlook. The earnings press release and webcast replay will be available on the D-Wave Investor Relations website. To view the full press release, visit https://ibn.fm/l7yl0 About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing…

TuesdayApr 22, 2025 10:30 am

Ford Otosan Deploys Vehicle Manufacturing Application Built with D-Wave Quantum Inc.’s (NYSE: QBTS) Technology

Ford Otosan has deployed into production a hybrid-quantum application to optimize production sequencing for its highly customizable Ford Transit vehicles. The application, developed with D-Wave’s annealing quantum computing technology, reduces scheduling time by over 80%. Ford Otosan is using the quantum optimization solution to help manage vehicle variability, labor constraints, and shop-floor dependencies more effectively than by using just classical computing approaches. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that its technology is being deployed in a live manufacturing environment at Ford Otosan’s production facility in Turkey. The hybrid-quantum application is…

MondayApr 21, 2025 1:45 pm

D-Wave Quantum Inc. (NYSE: QBTS) Expands Quantum Optimization Offerings to Accelerate Commercial Adoption

At its Qubits 2025 user conference, D-Wave introduced new hybrid solver capabilities supporting continuous variables and aims to broaden its commercial use cases and increase adoption of its quantum optimization technology. The company is seeing increased interest from customers, independent software vendors, system integrators, and resellers and has revealed new quantum optimization use cases including portfolio optimization, offer allocation, and maintenance repair operations. Companies such as NTT DOCOMO and Ford Otosan are already deploying D-Wave’s quantum optimization technology in production environments. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has announced an expanded…

FridayApr 04, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Introduces New Quantum Blockchain Architecture With Enhanced Security and Efficiency Over Classical Computing Approaches

D-Wave’s research shows that quantum-based blockchain operations could use up to 1,000 times less electricity than classical computing methods. In an industry first, D-Wave successfully deployed blockchain operations across four of its cloud-based quantum computers in North America. The company’s proof of quantum work algorithm leverages quantum-generated hashes, providing an added security layer. The novel quantum blockchain architecture follows the company’s recent quantum supremacy demonstration, serving as another example of how D-Wave helps customers realize the value of quantum computing now. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has published a research…

WednesdayMar 26, 2025 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Strong Q4, 2024 Results with Increased Bookings and Cash Position

D-Wave’s 2024 bookings reached $23.9 million, a 128% increase from 2023, with Q4 bookings up 502% year-over-year. The company reported a cash position exceeding $300 million as of March 13, 2025. Significant technical and business milestones achieved in the past year include a quantum supremacy demonstration and the sale of an Advantage quantum computer to Julich Supercomputing Centre. New partnerships and customer projects were announced, spanning industries such as insurance, law enforcement, and agriculture. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, reported financial performance for the fourth quarter and full-year 2024, highlighting…

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