What's Going On With D-Wave Quantum Stock Today?

D-Wave Quantum Inc. QBTS revealed that it is enabling research centers, academic institutions, and governments to purchase on-premises D-Wave Advantage quantum computing systems.

This move aims to empower organizations to push the boundaries of quantum experimentation and development, with applications focussing quantum simulation.

D-Wave’s Advantage system, with over 5,000 qubits and 15-way connectivity, is already available for on-premises installation.

The flexibility to integrate with classical and high-performance computing systems allows organizations to fine-tune parameters and take advantage of new innovations as they emerge.

According to the company’s statement, D-Wave vice president of infrastructure Irwan Owen is leading the systems’ go-to-market effort.

According to Benzinga Pro, QBTS stock has gained over 319% in the past year. Investors can gain exposure to the stock via Defiance Quantum ETF QTUM.

Also Read: Tesla Stock Climbs Over 2% In Thursday Pre-Market: What’s Going On?

In a separate press release, D-Wave Quantum, and the Jülich Supercomputing Centre at Forschungszentrum Jülich, or FZJ announced that FZJ has purchased a D-Wave quantum computer.

This makes FZJ the first high-performance computing center in the world to own a D-Wave Advantage annealing quantum system.

Additionally, D-Wave has launched the “Quantum Uplift” program to address dissatisfaction with competitor systems, offering incentives to organizations seeking a reliable and performant quantum solution.

Price Action: QBTS shares are trading higher by 1.99% to $6.160 premarket at last check Thursday.

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