D-Wave Quantum Shares Pop After Making Way Into AWS Marketplace

  • Quantum computing company D-Wave Quantum Inc QBTS launched in Amazon.com Inc AMZN AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that runs on Amazon Web Services (AWS)
  • AWS Marketplace customers can easily purchase a variety of quantum computing offerings from D-Wave, including access to the Leap quantum cloud service
  • D-Wave is the first and only pure-play quantum computing company with offerings available in AWS Marketplace.
  • "The era of commercial quantum computing is here. Forward-looking organizations are increasingly turning to quantum computing to find solutions for today's complex and computationally intensive business problems, ultimately to reduce costs and increase revenue," said Mark Snedeker, senior vice president of growth at D-Wave.
  • QBTS reported a second-quarter revenue increase of 20.6% year-over-year to $1.37 million.
  • The company continued the expansion of its commercial footprint with over 55 commercial customers, an increase of 44% Y/Y.
  • Price Action: QBTS shares are trading higher by 4.13% at $5.55 on the last check Friday.
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