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D-Wave Quantum Inc. (QBTS) drives innovation in quantum computing through practical system development and industry-specific solutions. This news hub provides investors and technology professionals with essential updates on the company's advancements in quantum annealing and gate-model technologies.
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D-Wave (NYSE: QBTS) announced a signed agreement with Swiss Quantum Technology SA (SQT) on October 15, 2025 to deploy a D-Wave Advantage2 annealing quantum computer in Europe backed by a €10M commitment with an option to purchase the system.
The 4,400+ qubit Advantage2 will be accessible via D-Wave’s Leap real-time quantum cloud and is described as energy-efficient, supporting Italy’s new Q-Alliance and local quantum research infrastructure for digital transformation.
D-Wave (NYSE: QBTS) was named a winner in Fast Company’s 2025 Next Big Things in Tech Awards in the Computing, Chips, and Foundational Technology category for its 4400+ qubit Advantage2 annealing quantum computer. Launched in May 2025, Advantage2 uses a Zephyr topology with 20-way connectivity and is being used for optimization, materials simulation, and AI. Customers have run more than 40 million problems on Advantage2 systems and prototypes. A published Science paper reported the Advantage2 prototype solved a magnetic materials simulation in minutes versus a projected nearly one million years on a classical GPU-based supercomputer.
D-Wave (NYSE: QBTS) joined as a founder of Q-Alliance in Como, Italy on October 14, 2025, an initiative described as “The Birth of the World’s Most Powerful Quantum Hub.”
Q-Alliance is framed as a public-private strategic alliance aligned with Italy’s digital and quantum technology framework to build infrastructure in Lombardy that supports scientific discovery, industrial transformation, and digital sovereignty. The ecosystem will emphasize open science, scholarships, internships, and training to involve young researchers.
D-Wave highlighted its dual technology portfolio—annealing and gate quantum systems—and positioned its production-grade annealing systems as a core component for near-term quantum application development and adoption within the alliance.
D-Wave (NYSE: QBTS) and the University of Southern California Viterbi Information Sciences Institute are hosting a series of quantum computing events during LA Tech Week in Los Angeles from Oct 14–17, 2025. Activities include lab tours of the USC-hosted Advantage™ annealing quantum computer, a panel on industry impact, a Silicon Beach networking mixer, and a research day with a hands-on hackathon and presentations by Dr. Emile Hoskinson.
The USC Advantage system is part of D-Wave’s global fleet and is accessible via D-Wave’s Leap™ quantum cloud service.
D-Wave Quantum (NYSE:QBTS), a leader in quantum computing systems, has announced its participation in the upcoming Quantum Beach conference on October 8, 2025, in West Palm Beach, Florida. The event, part of the International Year of Quantum Science and Technology, aims to make quantum technology more accessible.
Key participants include CEO Dr. Alan Baratz, who will present on aerospace operations optimization and join a quantum AI panel, while VP Allison Schwartz will participate in a U.S. quantum policy discussion. The conference will showcase D-Wave's technological progress, customer implementations, and quantum AI developments.
D-Wave Quantum (NYSE:QBTS) and North Wales Police (NWP) have successfully completed a groundbreaking proof-of-technology project that demonstrates the superiority of hybrid-quantum computing in optimizing police vehicle placement. The project achieved remarkable results, including a reduction in vehicle coordination time from 4 months to just 4 minutes and a nearly 50% decrease in average incident response times.
The hybrid-quantum application, powered by D-Wave's Leap™ quantum cloud service, enables NWP to respond to 90% of incidents within target response times. The successful project, funded by the UK Policing's National Science and Innovation Board, has garnered attention from the Office of the Chief Scientific Adviser for Policing and shows potential for national deployment.
D-Wave Quantum (NYSE:QBTS), a leader in quantum computing systems, announced its participation in three major technology events in September 2025: SEMICON Taiwan, Quantum World Congress, and FintechNation 25.
CEO Dr. Alan Baratz will present at SEMICON Taiwan on September 11, discussing annealing quantum computing applications and AI integration. At Quantum World Congress on September 17, Dr. Andrew King will join a panel on quantum computing advancements. On September 19, Murray Thom will speak at FintechNation 25 about quantum computing in financial services and its potential impact on blockchain energy efficiency.
D-Wave Quantum (NYSE: QBTS), a pioneer in commercial quantum computing systems, has appointed Stan Black as its new Chief Information Security Officer (CISO). Black brings over 20 years of cybersecurity experience from prominent tech companies including Dell/EMC/RSA/VMware, Citrix, Nuance Communications, and Delinea.
In his role at D-Wave, Black will focus on aligning security strategy with business objectives, contributing to product development, and advancing AI and machine learning governance. CEO Dr. Alan Baratz emphasized Black's expertise in making security practical and scalable across multi-cloud environments, AI governance, and regulatory compliance.
D-Wave Quantum (NYSE:QBTS) has announced its inaugural Qubits Japan 2025 quantum computing user conference, scheduled for September 17 in Tokyo. The announcement comes amid significant growth in the Asia Pacific region, with bookings up 83% over the past 12 months.
The conference, themed "Quantum Realized," will showcase several customer success stories, including: Japan Tobacco's quantum AI drug discovery pilot project, NTT DOCOMO's successful implementation of quantum optimization resulting in a 15% decrease in paging signals during peak times, and a strategic partnership with Yonsei University and Incheon Metropolitan City to advance quantum computing in South Korea.
D-Wave Quantum (NYSE: QBTS) reported strong Q2 2025 financial results with significant growth across key metrics. Revenue increased 42% year-over-year to $3.1 million, while GAAP gross profit rose 42% to $2.0 million. The company achieved its highest-ever cash balance of $819 million, bolstered by a successful $400 million ATM equity offering.
Key operational highlights include the launch of their sixth-generation Advantage2 quantum computer, strategic developments in cryogenic packaging, and new quantum AI developer tools. The company expanded its global presence through a strategic partnership with Yonsei University and Incheon Metropolitan City in South Korea.
Despite revenue growth, D-Wave reported a net loss of $167.3 million ($0.55 per share), primarily due to $142.0 million in non-cash charges related to warrant liability remeasurement.