Latest news with #D-WaveAdvantage2
Yahoo
20 hours ago
- Business
- Yahoo
IBN Coverage: D-Wave Quantum (NYSE: QBTS) Signs MOU to Advance Quantum Computing in South Korea
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES, CA - June 20, 2025 (NEWMEDIAWIRE) - D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City aimed at accelerating quantum computing adoption in South Korea. Supporting the region's ambition to become a global quantum technology hub, the MOU outlines plans to work together on research, talent development, and use case exploration across biotechnology, materials science and other sectors. The MOU also facilitates the organizations' collaborative efforts towards the acquisition of a D-Wave Advantage2 quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon. To view the full press release, visit About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: The latest news and updates relating to QBTS are available in the company's newsroom at Forward Looking Statements Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBNLos Angeles, OfficeEditor@
Business Wire
4 days ago
- Business
- Business Wire
D-Wave, Yonsei University and Incheon Metropolitan City Announce Strategic Relationship
PALO ALTO, Calif. & SEOUL, South Korea & INCHEON, South Korea--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave' or the 'Company'), a leader in quantum computing systems, software, and services, today announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City, designed to accelerate the exploration, adoption and usage of quantum computing in South Korea. Under the terms of the MOU, the three organizations intend to work together to advance mutual research and talent development for quantum computing, provide access to D-Wave's quantum computing technology, and collaborate on development of use cases in biotechnology, materials science and other areas. In addition, the MOU facilitates the organizations' efforts towards the acquisition of a D-Wave Advantage2 system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon. 'This strategic relationship marks an important step in furthering D-Wave's mission to accelerate global quantum computing adoption,' said Dr. Alan Baratz, CEO of D-Wave. 'Yonsei University and Incheon Metropolitan City recognize the remarkable, immediate opportunity for scientific breakthroughs and business transformation possible with D-Wave's quantum computing technology. We look forward to the possibility of installing a system at Yonsei University to further establish its role as a global quantum hub.' 'This collaboration with D-Wave and Incheon Metropolitan City supports our mission to facilitate a collaborative ecosystem for quantum computing literacy, research and commercial application development,' said Dong-Sup Yoon, president of Yonsei University. 'By working together towards the introduction of a D-Wave annealing quantum computer onsite at Yonsei University, we believe we are opening up significant opportunities to advance industry and research in South Korea.' 'We have a unique opportunity to establish Incheon as a global quantum hub,' said Yoo Jeong-bok, mayor of Incheon Metropolitan City. 'Building on Incheon's strengths in the bio industry and other key sectors, we anticipate the emergence of a true quantum cluster where quantum technology converges with various industries to create innovative breakthroughs and attract top talent from around the world.' About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: About Yonsei University Yonsei University, founded in 1885, is one of Korea's leading private universities, renowned for its excellence in education and research. In February 2025, Yonsei University completed the construction of the Quantum Convergence Research Center on its International Campus. Centered around the 'Yonsei Quantum Complex'—a global hub for quantum education and research collaboration that encompasses both the Quantum Computing Center and the Quantum Convergence Research Center—the university is accelerating its efforts in quantum computing research and its broader dissemination. Furthermore, Yonsei University plans to actively expand collaborations with leading universities and research institutes worldwide, enhancing its research capabilities and global competitiveness in advanced science and technology. The university is committed to continued investment and joint projects in the field of quantum science and technology, aiming to establish itself as a global leader in the discipline. Visit for more information. About Incheon Metropolitan City Incheon Metropolitan City surpassed KRW 117 trillion in Gross Regional Domestic Product (GRDP) last year, achieving the highest real economic growth rate in the nation for the second consecutive year. As South Korea's second-largest economic city, Incheon is leveraging its status as home to Incheon International Airport—the nation's largest air logistics hub—and the Incheon Free Economic Zone to build a robust global network and advance toward becoming a Top 10 Global City. Learn more at Forward-Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.
Yahoo
09-05-2025
- Business
- Yahoo
D-Wave and Davidson Technologies Near Installation Completion of Alabama's First On-Site Annealing Quantum Computer
Physical assembly of the Advantage2™ quantum computer now complete and final calibration begins at Davidson's Huntsville headquarters, marking major step in advancing national security-focused quantum research PALO ALTO, Calif. & HUNTSVILLE, Ala., April 23, 2025--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, and Davidson Technologies, Inc. ("Davidson"), a mission-driven technology company supporting U.S. Department of Defense and aerospace customers, today announced that the physical assembly of a D-Wave Advantage2 annealing quantum system is complete at Davidson's headquarters in Huntsville, Alabama. With the assembly phase now finished, installation nears completion as the system undergoes final calibration and readiness testing. Progress with the system assembly and installation represents a major milestone in the partnership between D-Wave and Davidson and positions Alabama as a key contributor to quantum infrastructure in the U.S. The Advantage2 system will be the first annealing quantum computer hosted on-premises in the state, offering new pathways for the development of quantum optimization applications designed to support mission-critical challenges in areas including national defense. The system will eventually be housed in a secure facility developed to run sensitive applications using quantum computing technology. The milestone will be commemorated during a private VIP ribbon-cutting event on April 23 at Davidson's headquarters, where dignitaries at the state and federal levels are joining executives from both companies for an exclusive unveiling. "Davidson has a legacy of applying advanced technologies to support our nation's defense," said Dr. Alan Baratz, CEO of D-Wave. "The installation of an Advantage2 system will enable Davidson to explore and develop real-world quantum applications—particularly in optimization—for some of the U.S. government's most complex problems and then deploy those applications in a secure environment." "Hosting the forthcoming Advantage2 system onsite reinforces Davidson's commitment to national security innovation," said Dale Moore, President & CEO of Davidson. "This milestone is more than symbolic—we believe it represents a step-change in how quantum technology can be deployed, evaluated, and applied to defense missions that require precision, scale, and speed." This installation follows a multi-year agreement and technology collaboration between the two companies. Davidson is investing in internal research and talent development to better understand and deploy hybrid quantum-classical solutions for use cases such as multi-domain operational optimization, space asset management, and autonomous system coordination. The system is intended to serve also as a focal point for future collaborative research, including potential partnerships with government labs, universities, and defense agencies. "Huntsville is home to world-class research universities and innovative companies—and now, thanks to Davidson and D-Wave, we'll also be the site of Alabama's first quantum computer," said Huntsville Mayor Tommy Battle. "This cutting-edge system places our city at the forefront of delivering advanced technological solutions to support government, defense, and high-tech manufacturing across the region." Federal lawmakers representing Alabama voiced strong support for the milestone, citing its impact on national defense innovation and the state's growing leadership in advanced technology. "One of my top priorities is making sure our military is equipped with the most advanced technologies to support mission accomplishment," said U.S. Senator Tommy Tuberville (R-Ala.). "An industry leading, quantum computing system coming to the Davidson campus in Huntsville will position Alabama as a leader in developing quantum applications that can provide solutions in areas such as space operations, missile defense, and optimized logistics, directly enhancing our national security." "Alabama plays a central role in strengthening military readiness and modernizing our nation's defense industrial base," said U.S. Senator Katie Britt (R-Ala.). "Installing a quantum computing system in Huntsville marks a major milestone, enabling the advancement of revolutionary technologies that will help protect our nation and provide new solutions to challenges facing our military. This system also opens the door for advanced workforce training and positions Alabama as a national leader in research and development for quantum applications." Next Steps The D-Wave Advantage2 system will undergo calibration and readiness testing in the coming weeks. Upon completion, Davidson and D-Wave will partner to operationalize the system in accordance with national security protocols and explore new programs and pilot efforts across the defense community. About Davidson Davidson is a trusted provider of advanced engineering and technical solutions supporting the U.S. Department of Defense, intelligence community, and aerospace industry. With a focus on mission-driven innovation, Davidson combines deep domain knowledge with emerging technologies to solve the nation's most complex defense challenges. About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world's first commercial supplier of quantum computers. The company is the only provider building both annealing and gate-model quantum systems. D-Wave's solutions are used today by global customers across logistics, AI, manufacturing, aerospace, and government sectors to solve optimization and complex modeling problems. Forward Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. View source version on Contacts Media Contacts Davidson David Wooddavidwood@ D-Wave Quantum Inc. Alex Daiglemedia@ Sign in to access your portfolio
Yahoo
26-04-2025
- Business
- Yahoo
Why D-Wave Quantum Stock Was Winning Big This Week
The looming installation of one of D-Wave Quantum's (NYSE: QBTS) quantum computing systems was the news drawing investors to the company's stock over the past few days. As the market prepared to take a break for the weekend D-Wave Quantum shares had risen almost 18% in value week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. On Wednesday, D-Wave announced that, in conjunction with local tech company Davidson Technologies, it had completed the assembly phase of a D-Wave Advantage2 annealing quantum system in Huntsville, Alabama. The company added that with this part of the project complete, the installation is nearly finalized. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » When complete, the system will sit in a secure facility tailored for the needs of quantum computing, D-Wave added. The security is also appropriate given the company's list of federal government and aerospace industry clients. In the press release heralding the milestone, D-Wave wrote that the Advantage2 "will be the first annealing quantum computer hosted on-premises in the state, offering new pathways for the development of quantum optimization applications designed to support mission-critical challenges in areas including national defense." Quantum computing promises to be the great technological revolution of our age, with machines that crunch data exponentially faster than traditional computers. At the moment that's more hope than reality, which is why a concrete development like the one D-Wave announced tends to excite the market. Investors will be hoping for continued encouragement from the company. Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $566,035!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $629,519!* Now, it's worth noting Stock Advisor's total average return is 829% — a market-crushing outperformance compared to 155% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why D-Wave Quantum Stock Was Winning Big This Week was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Why D-Wave Quantum Stock Was Winning Big This Week
The looming installation of one of D-Wave Quantum's (NYSE: QBTS) quantum computing systems was the news drawing investors to the company's stock over the past few days. As the market prepared to take a break for the weekend D-Wave Quantum shares had risen almost 18% in value week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. On Wednesday, D-Wave announced that, in conjunction with local tech company Davidson Technologies, it had completed the assembly phase of a D-Wave Advantage2 annealing quantum system in Huntsville, Alabama. The company added that with this part of the project complete, the installation is nearly finalized. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » When complete, the system will sit in a secure facility tailored for the needs of quantum computing, D-Wave added. The security is also appropriate given the company's list of federal government and aerospace industry clients. In the press release heralding the milestone, D-Wave wrote that the Advantage2 "will be the first annealing quantum computer hosted on-premises in the state, offering new pathways for the development of quantum optimization applications designed to support mission-critical challenges in areas including national defense." Quantum computing promises to be the great technological revolution of our age, with machines that crunch data exponentially faster than traditional computers. At the moment that's more hope than reality, which is why a concrete development like the one D-Wave announced tends to excite the market. Investors will be hoping for continued encouragement from the company. Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $566,035!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $629,519!* Now, it's worth noting Stock Advisor's total average return is 829% — a market-crushing outperformance compared to 155% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why D-Wave Quantum Stock Was Winning Big This Week was originally published by The Motley Fool Sign in to access your portfolio
