D Wave Quantum Stock Price, News & Analysis

D-Wave (NYSE: QBTS) and BASF completed a proof-of-concept on November 5, 2025 using a hybrid-quantum application to optimize a BASF liquid-filling facility.

The project cut projected production scheduling time from 10 hours to five seconds and improved operational metrics: lateness -14%, setup times -9%, and tank unloading durations up to -18%. The application optimized task scheduling and tank assignments while meeting business and quality constraints, indicating potential for integrating hybrid-quantum optimization into manufacturing and supply-chain production systems.

D-Wave (NYSE: QBTS) announced its Advantage2 annealing quantum computer is now operational at Davidson Technologies headquarters in Huntsville, Alabama, under a multi-year agreement to support U.S. government and defense applications.

The system is available for customer use via D-Wave Leap real-time quantum cloud and is D-Wave’s second U.S.-based annealing system and the first located in Alabama. The partners cited initial government use cases including radar detection, military logistics, resource deployment, materials science, AI, and national security problems.

D-Wave Quantum (NYSE: QBTS) will release third-quarter fiscal 2025 results for the period ended September 30, 2025 on Thursday, November 6, 2025 before market open.

The company will host a live conference call and webcast on November 6, 2025 at 8:00 a.m. ET to discuss results and business outlook. CEO Dr. Alan Baratz and CFO John Markovich will participate.

Investors can access the press release and an on-demand webcast on the D-Wave Investor Relations website. Live telephone access: domestic 1-844-826-3035, international 1-412-317-5195; passcode 3836181. A telephone link will activate 15 minutes before the call.

D-Wave (NYSE: QBTS) announced on October 22, 2025 a series of seminars in Italy as part of the Q-Alliance to expand annealing quantum computing education and adoption.

The company disclosed a €10M contract to deploy a D-Wave Advantage2 annealing quantum computer in Lombardy, including acquisition of 50% capacity for five years with an option to purchase the full system, and will run workshops, scholarships, internships, and hands-on training with regional universities.

D-Wave (NYSE: QBTS) announced it will redeem all outstanding public warrants to purchase common stock at a $0.01 per-warrant redemption price, effective 5:00 PM ET on November 19, 2025. As of October 17, 2025, approximately 5 million warrants were outstanding. Holders may exercise warrants any time before 5:00 PM ET on the Redemption Date; any unexercised warrants will be void and holders will only receive the Redemption Price.

If all warrants are exercised, about 7.2 million shares would be issued, representing under 2.1% dilution to existing shareholders. The company expects warrants to stop trading after November 17, 2025. Exercise procedures and additional terms are filed in the company's Form 8-K.

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.