FridayNov 17, 2023 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces European Office, Signs Two-Year Contract Extension with QuantumBasel

D-Wave and QuantumBasel announced a two-year extension to the strategic agreement between the companies to accelerate quantum and quantum-hybrid application development in Europe D-Wave will open a European office on the QuantumBasel campus to establish an onsite presence supporting the companies’ joint efforts to fast-track the region’s commercialization of quantum computing D-Wave’s European customers include QuantumBasel, BBVA, Koç Holding, Satispay, Poznan Superconducting and Network Center, and Cineca D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and QuantumBasel, Switzerland’s quantum innovation hub, recently announced a two-year extension…

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WednesdayNov 15, 2023 1:39 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Quantum Error Mitigation Results in Advantage2(TM) Prototype

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 has announced important research results that demonstrate successful Quantum Error Mitigation (“QEM”) in its Advantage2(TM) annealing quantum computing experimental prototype. According to the announcement, the techniques reduce errors in quantum simulations, producing results consistent with the quantum system maintaining its quantum state (“coherence”) for an order of magnitude longer time than an unmitigated system. D-Wave expects to leverage these techniques to drive performance advancements in the forthcoming Advantage2 system and future processors. “Errors represent the most significant…

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TuesdayNov 14, 2023 12:32 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Applauds New Legislation Aimed to Expand U.S. Quantum Initiative

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services as well as the world’s first commercial supplier of quantum computers, has announced support for new Congressional legislation. According to the announcement, the company applauds National Quantum Initiative (“NQI”) legislation that includes all quantum computing systems and focuses on near-term application development. In addition, D-Wave CEO Dr. Alan Baratz met with members of Congress earlier this year, urging their support to reauthorize the NQI and ensure that the legislation is expanded to encompass all quantum-computing technologies, including annealing, gate model and quantum-hybrid. The new legislation is designed…

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MondayNov 13, 2023 3:21 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q3 2023 Financial Results

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is reporting its numbers for the third quarter of 2023. Highlights of the report included revenue of $2.6 million for the quarter, an increase of 50% sequentially from Q2 and an increase of 51% on a year over year basis. Commercial revenue increased by 62% year over year and constituted 70% of total revenue over the last four quarters, up from 50% over the prior four quarters. Q3 bookings totaled $2.9 million, up 53% on a year-to-year basis with Q3 representing the company’s sixth consecutive quarter of year…

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TuesdayNov 07, 2023 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Launches Telco-Focused Demo to Help Address Complex Computational Problems for Wireless Channel Decoding

D-Wave’s new open-source demonstration highlights how its Advantage(TM) quantum computing system can be used to tackle challenges in wireless channel decoding, a growing worldwide problem given the dramatic global growth in wireless connections Demonstration shows quantum computing’s ability to tackle challenges of this magnitude relative to classical computation Quantum and quantum-hybrid technologies offer value in helping network providers solve a variety of telco-related optimization problems D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, recently announced the launch of a new open-source demonstration that highlights how its…

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ThursdayNov 02, 2023 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) and Satispay Build Quantum Hybrid Application Designed to Optimize Customer Rewards Initiatives

Application showed an improvement of 50% in customer rewards program effectiveness for the same amount of budget Italian fintech company Satispay anticipates that its internal teams will use the application weekly when the company transitions it into production D-Wave’s suite of services is backed by two decades of quantum technology development and over ten years of customer feedback, which have been incorporated to create the industry’s first quantum computer designed for commercial business applications D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, recently announced that it…

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ThursdayOct 26, 2023 3:35 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), QuantumBasel Announce Two-Year Agreement Extension to Fuel Quantum Commercial Adoption

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services as well as the world’s first commercial supplier of quantum computers, has extended its relationship with QuantumBasel. In addition, according to the announcement, D-Wave is planning to open a European office on the QuantumBasel campus to support the companies’ collaboration in fast tracking the commercialization of quantum computing in the region and facilitating increased development of near-term quantum applications for businesses, governments and researchers. QuantumBasel is Switzerland’s first quantum hub for commercial use embedded in the uptownBasel innovation campus, which serves as a global hub for Industry…

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WednesdayOct 25, 2023 3:20 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Schedules Q3 2023 Earnings Call

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, has announced plans to report on its third-quarter financial results for the period ended Sept. 30, 2023. The company will issue its third quarter earnings press release before market opens on Nov. 9, 2023. In addition, D-Wave Quantum CEO Alan Baratz and CFO John Markovich will host a conference call on the same day; the call will begin at 8 a.m. ET. During the call, company officials will discuss D-Wave Quantum financial results as well as its business outlook. Those interested can access by call by dialing…

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FridayOct 20, 2023 9:45 am

6G Satellite Connectivity Research Uses D-Wave Quantum Inc. (NYSE: QBTS) Solutions for Enhanced Network Optimization

LG’s South Korean mobile network operator LG U+ collaborated with KAIST (Korea Advanced Institute of Science and Technology) and Korea’s Qunova Computing to advance 6G satellite networks using the power of D-Wave's quantum computing solutions D-Wave's annealing quantum computer has helped the companies successfully develop seamless connectivity of ground-to-satellite links and inter-satellite links D-Wave is the world’s first commercial supplier of quantum computers and is helping customers apply practical quantum computing solutions to solve highly complex computational problems today D-Wave Quantum (NYSE: QBTS) recently announced that LG U+, under the leadership of CEO Hyeon Sik Hwang, worked with the Korea…

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WednesdayOct 18, 2023 3:48 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Launches New Open-Source Demo Highlighting Quantum System’s Ability to Improve Cellphone Network Transmission

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has released a new open-source demonstration that highlights how the company’s Advantage(TM) annealing quantum computing system can be used to tackle wireless channel decoding. Available in the Leap(TM) real-time quantum cloud service from D-Wave, the demonstration is designed to identify solutions for increasing transmission capacity for wireless and cellular networks using coordinated multipoint decoding. According to the announcement, nearly 12 billion mobile connections exist worldwide, and the wireless industry requires innovative solutions to ensure high-quality levels of service…

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