D-Wave Quantum (NYSE: QBTS) Offers On-Premises Quantum Computing Systems for Research, Government Use

Austin, Texas, United States, February 18th, 2025, FinanceWire

D-Wave Quantum Inc. QBTS (“D-Wave”) announced that it is making its Advantage TM quantum computing systems available for purchase by research centers, academic institutions, and governments, enabling on-premises quantum experimentation and development.

D-Wave expects the move, which is highlighted by Forschungszentrum Jülich’s recent acquisition of a D-Wave Advantage system, to drive advanced research and new discoveries in areas such as artificial intelligence (AI) and quantum simulation. The offering includes shipping, installation, calibration, ongoing maintenance, and assistance with local hybrid quantum solver setup. Additionally, D-Wave introduced the “Quantum Uplift” program, offering incentives for organizations dissatisfied with competitor quantum systems.

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About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Their mission is to help customers realize the value of quantum, today. Their 5,000+ qubit Advantage TM quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to their Advantage and Advantage2TM systems to date, customers apply their technology to address use cases spanning optimization, artificial intelligence, research and more. Users can learn more about realizing the value of quantum computing today and how they are shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of company's most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of their Quarterly Reports on Form 10-Q and in their other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

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