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D-Wave Quantum Inc. - QBTS STOCK NEWS

Welcome to our dedicated page for D-Wave Quantum news (Ticker: QBTS), a resource for investors and traders seeking the latest updates and insights on D-Wave Quantum stock.

D-Wave Quantum Inc. (symbol: QBTS) is a pioneering company in the field of quantum computing. Leveraging advanced quantum systems, software, and services, D-Wave Quantum is setting a new standard in computational power and efficiency. Founded with the mission to harness the unique capabilities of quantum mechanics, the company delivers value across a range of industries.

From logistics and artificial intelligence to materials sciences and drug discovery, D-Wave’s quantum solutions address some of the most complex problems in modern science and business. Their technology is applied in optimizing scheduling, enhancing cybersecurity, improving fault detection processes, and advancing financial modeling. This broad applicability underscores the versatility and significance of their quantum computing solutions.

Headquartered in the United States, D-Wave Quantum Inc. generates a significant portion of its revenue domestically but maintains a global footprint. The company’s recent achievements include the development of new quantum algorithms that enhance computational speed and accuracy, as well as successful partnerships with leading entities in various sectors. These collaborations have led to practical quantum applications that deliver measurable improvements in efficiency and problem-solving capabilities.

Financially, D-Wave Quantum is focused on sustainable growth, ensuring that its advancements in technology translate to tangible customer value and shareholder returns. Their commitment to innovation is evident in their continuous research and development efforts, aimed at pushing the boundaries of what quantum computing can achieve.

Stay updated with the latest developments, financial performance, and strategic initiatives of D-Wave Quantum Inc. as they continue to lead the charge in the quantum computing revolution.

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D-Wave Quantum Inc. announces support for legislation to expand the National Quantum Initiative (NQI) and include all quantum computing systems. The legislation aims to accelerate the development of near-term quantum applications for public-sector problems. D-Wave CEO met with Members of Congress to advocate for the expansion of NQI. The company commends the inclusion of quantum annealing and quantum-hybrid technologies in the legislation.
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D-Wave Quantum Inc. is opening a European office on the QuantumBasel campus in Switzerland to further accelerate quantum and quantum-hybrid application development in Europe. This reflects growing regional customer interest in D-Wave's quantum computing solutions, including the Advantage system with 5,000+ qubits and 15-way connectivity. D-Wave's European customers include Koç Holding, Satispay, Poznan Superconducting and Network Center, Cineca, and other Forbes Global 2000 companies.
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D-Wave Quantum Inc. will release its financial results for Q3 2023 on November 9. A conference call will be held to discuss the results and business outlook.
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D-Wave Quantum Inc. received notice from the NYSE that it is not in compliance with the stock price requirement. The company intends to cure the deficiency and return to compliance within a six-month period.
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D-Wave Quantum launches open-source demo showcasing the potential of its quantum computing system in tackling wireless channel decoding.
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D-Wave and Satispay partner to build a quantum-hybrid application that improves customer rewards programs by 50% for the same budget
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D-Wave Quantum Inc. announces progress in the development of high coherence qubits
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D-Wave Quantum Inc. announces update to its Constrained Quadratic Model (CQM) hybrid solver in its Leap quantum cloud service.
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D-Wave Quantum announces Q2 2023 financial results. Revenue of $1.7M, Total Bookings of $2.5M, Cash Balance in excess of $50M. Bookings increased by 146% YoY and average deal size increased by 136% YoY. GAAP gross profit decreased by 6% YoY. Net loss of $25.9M.
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FAQ

What is the current stock price of D-Wave Quantum (QBTS)?

The current stock price of D-Wave Quantum (QBTS) is $6.1 as of January 8, 2025.

What is the market cap of D-Wave Quantum (QBTS)?

The market cap of D-Wave Quantum (QBTS) is approximately 1.4B.

What does D-Wave Quantum Inc. do?

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services, offering practical solutions for diverse industries.

In which sectors are D-Wave's quantum solutions applied?

D-Wave’s solutions are used in logistics, AI, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling.

Where does D-Wave Quantum Inc. generate most of its revenue?

The majority of D-Wave Quantum Inc.'s revenue comes from the United States.

What recent achievements has D-Wave Quantum made?

D-Wave Quantum has developed new quantum algorithms and formed successful partnerships leading to practical quantum applications.

How does D-Wave Quantum Inc. contribute to cybersecurity?

D-Wave provides quantum solutions that enhance cybersecurity by improving fault detection processes and creating robust security models.

What are some industries that benefit from D-Wave's quantum computing?

Industries such as logistics, artificial intelligence, drug discovery, and financial modeling benefit from D-Wave's quantum computing.

What is the mission of D-Wave Quantum Inc.?

The mission of D-Wave Quantum Inc. is to harness the unique capabilities of quantum mechanics to solve complex problems and deliver customer value.

How does D-Wave Quantum ensure sustainable growth?

D-Wave focuses on continuous R&D and ensures that technological advancements translate to customer value and shareholder returns.

What geographical market does D-Wave primarily serve?

D-Wave primarily serves the United States market but also has a global presence.

Why is D-Wave considered a leader in quantum computing?

D-Wave is considered a leader due to its advanced quantum systems, diverse application areas, and successful implementation of practical quantum solutions.
D-Wave Quantum Inc.

NYSE:QBTS

QBTS Rankings

QBTS Stock Data

1.43B
222.93M
1.79%
55.45%
7.99%
Computer Hardware
Services-computer Processing & Data Preparation
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United States of America
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