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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. will release its financial results for Q2 2023 on August 10 before market open, instead of after market close as previously scheduled. A conference call will be held to discuss the results and business outlook.
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D-Wave Quantum Inc. announces two new collaborations with the Institute for Quantum Computing at the University of Waterloo. The projects focus on hardware advancements for quantum computing systems and are funded by the NSERC Quantum Alliance program. The collaborations aim to improve device design and materials quality for more coherent superconducting quantum processors.
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D-Wave Quantum Inc. (NYSE: QBTS) announced select unaudited preliminary financial results for its fiscal second quarter ended June 30, 2023. The preliminary revenue is expected to be in a range of $1,650,000 to $1,800,000, below the FactSet analyst consensus estimate. However, total bookings for the fiscal second quarter were $2.5 million, an increase of 146% from the same period last year, representing the fifth consecutive quarter of year-over-year growth. The average deal size also saw significant increases. The company closed the second $15 million tranche of its $50 million four-year term loan, and provided an update on the fiscal year 2023 outlook.
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D-Wave Quantum Inc. regains compliance with NYSE listing standard for minimum share price.
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Recent legislation before Congress is pushing for the development and adoption of near-term quantum computing applications. D-Wave Quantum Inc. has the technology to develop these applications. The legislation includes an aggressive timeframe of 24 months or less for developing and deploying demos, proofs of concepts, and pilots. The U.S. government is shifting its mindset about quantum and prioritizing application development.
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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 9, 2025.

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

The market cap of D-Wave Quantum (QBTS) is approximately 1.6B.

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

1.64B
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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