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. (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.
Access authoritative reporting on QBTS's financial performance, strategic partnerships, and technological milestones. Our curated collection features press releases covering product launches, research breakthroughs, and enterprise applications across logistics, artificial intelligence, and cybersecurity sectors.
Discover updates on quantum cloud services, patent developments, and collaborative projects with academic institutions. The repository maintains neutral, factual reporting on operational achievements while excluding speculative market analysis.
Bookmark this page for streamlined access to QBTS's evolving position in quantum computing. Check regularly for verified updates that matter to stakeholders in advanced computing technologies and commercial quantum applications.
Tradr ETFs has announced the launch of two new single stock leveraged ETFs: APPX and QBTX. These innovative funds are designed to deliver 200% of the daily performance of AppLovin Corp. (APP) and D-Wave Quantum Systems (QBTS) respectively.
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The funds target sophisticated investors and professional traders, offering exposure to advertising technology and quantum computing sectors through accessible brokerage accounts, eliminating the need for margin trading or complex options strategies.
D-Wave Quantum (NYSE: QBTS) has scheduled the release of its first quarter fiscal year 2025 financial results on Thursday, May 8, 2025, before market open. The company will host a conference call at 8:00 a.m. Eastern Time on the same day to discuss financial results and business outlook.
The conference call will feature CEO Dr. Alan Baratz and CFO John Markovich. Investors can access the call through domestic (1-877-407-0784) or international (1-201-689-8560) dial-in numbers. An on-demand webcast will be available on D-Wave's Investor Relations website following the call.
D-Wave Quantum (NYSE: QBTS) and Davidson Technologies have completed the physical assembly of Alabama's first on-site Advantage2™ annealing quantum computer at Davidson's Huntsville headquarters. The system is currently undergoing final calibration and readiness testing.
This milestone positions Alabama as a key contributor to U.S. quantum infrastructure, with the system being housed in a secure facility designed for sensitive quantum computing applications. The installation follows a multi-year agreement between the companies, focusing on developing quantum optimization applications for national defense.
Davidson plans to utilize the system for various defense applications, including multi-domain operational optimization, space asset management, and autonomous system coordination. The installation will be celebrated with a VIP ribbon-cutting event on April 23, attended by state and federal dignitaries.
D-Wave Quantum (NYSE: QBTS) and Japan Tobacco's pharmaceutical division have successfully completed a groundbreaking proof-of-concept project combining quantum computing with AI for drug discovery. The project demonstrated that Large Language Models (LLMs) enhanced with D-Wave's quantum-hybrid workflow outperformed classical computing methods in generating novel drug-like molecular structures.
Key findings show that the quantum-hybrid AI system produced more valid molecules with higher drug-likeness compared to traditional approaches. The collaboration utilized D-Wave's annealing quantum computing technology within JT's AI framework to train transformer architecture models, similar to ChatGPT, for exploring chemical space.
The successful proof-of-concept validates quantum computing's potential to enhance AI capabilities while offering more energy-efficient solutions. Japan Tobacco plans to further advance this Quantum AI-driven drug discovery technology for molecular design.
D-Wave Quantum (NYSE: QBTS) announced initiatives to boost adoption of its commercial quantum optimization technology at its Qubits 2025 conference. The company unveiled updates to its hybrid quantum solvers, including support for continuous variables with linear interactions in its nonlinear solver, expanding its capabilities for budget allocation and resource distribution applications.
The company highlighted new use cases including offer allocation, portfolio optimization, and maintenance repair operations (MRO) optimization. Notable customer implementations include NTT DOCOMO's successful deployment, which reduced base station congestion by 15% during peak times, and Ford Otosan's production implementation for vehicle manufacturing sequence optimization.
D-Wave is experiencing increased adoption across end-users, independent software vendors, system integrators, and resellers, with organizations like Davidson Technologies, SAS, Staque, and BBVA exploring quantum solutions for complex optimization challenges.
D-Wave Quantum Inc. (NYSE: QBTS) and Ford Otosan have successfully deployed a hybrid-quantum application for optimizing vehicle production sequencing of Ford Transit vehicles. The quantum computing solution has significantly improved manufacturing efficiency by reducing scheduling time for 1,000 vehicles from 30 minutes to under 5 minutes.
Ford Otosan, which produces over 1,500 variants of Ford Transit vehicles, faced challenges in optimizing production sequences due to the high customization options. The quantum application, utilizing D-Wave's annealing technology through the Leap™ quantum cloud service, helps manage complex scheduling constraints across body shop, paint shop, and assembly line operations.
The implementation aims to minimize unplanned maintenance, reduce supply delays, and increase peak production throughput. Ford Otosan plans to expand the quantum scheduling to additional body shops and extend optimization benefits to other processes including paint shops, assembly lines, and buffer zones.
D-Wave Quantum (NYSE: QBTS) has unveiled a groundbreaking blockchain architecture leveraging quantum computing technology. The company published a research paper titled 'Blockchain with Proof of Quantum Work,' demonstrating the first-ever distributed quantum computing deployment across four cloud-based annealing quantum computers in North America.
The new architecture introduces a 'proof of quantum' algorithm that utilizes quantum computation for generating and validating blockchain hashes. Research indicates this quantum-powered approach could significantly reduce electricity consumption compared to classical computing methods, potentially cutting electricity costs by up to 1,000 times. Currently, Bitcoin's power consumption alone rivals that of Poland.
The system successfully operated across two generations of D-Wave annealing quantum computers in two countries, validating transactions for thousands of blocks. The technology is immediately available through D-Wave's Leap™ real-time quantum cloud service, with applications spanning supply chain management, healthcare, identity verification, and decentralized finance.
D-Wave Quantum (NYSE: QBTS) reported strong growth in bookings for FY 2024, with a 128% year-over-year increase to $23.9 million and Q4 bookings up 502% to $18.3 million. The company's cash position exceeded $300 million as of the earnings release.
Key financial metrics for FY 2024 include:
- Revenue remained flat at $8.8 million
- GAAP gross margin improved to 63.0% from 52.8%
- Net loss increased to $143.9 million ($0.75 per share) from $82.7 million
- Total customer base grew to 135, including 28 Forbes Global 2000 companies
Notable achievements include demonstrating quantum computational supremacy over classical computation in materials simulation, introducing on-premises systems, and launching the Quantum Uplift program. The company also announced the calibration of a third 4,400 qubit Advantage2 processor with significant performance improvements, including doubled qubit coherence time and 40% increased energy scale.
SkyWater Technology (NASDAQ: SKYT) and D-Wave Quantum have achieved a significant breakthrough in quantum computing. D-Wave's Advantage2™ annealing quantum computer prototype, fabricated by SkyWater, has demonstrated quantum supremacy in quantum simulation, as published in the AAAS journal Science.
The research confirms that D-Wave's quantum computer outperformed one of the world's most powerful classical supercomputers in solving complex magnetic materials simulation problems. This achievement is particularly significant for materials discovery, as magnetic materials are important in medical imaging, electronics, superconductors, and various other applications.
The partnership between SkyWater and D-Wave, spanning a decade at the Minnesota fab, combines SkyWater's specialized process integration and fabrication expertise with D-Wave's superconducting materials knowledge. This collaboration, supported by SkyWater's DOD Trusted Foundry status, strengthens U.S. leadership in advanced computing and domestic semiconductor manufacturing.
D-Wave Quantum Inc. (NYSE: QBTS) has achieved a groundbreaking milestone in quantum computing, demonstrating the first-ever quantum computational supremacy on a practical problem. Their Advantage2 annealing quantum computer successfully performed complex magnetic materials simulations in minutes that would take nearly one million years and consume more than the world's annual electricity using classical supercomputers.
The achievement, published in Science journal's 'Beyond-Classical Computation in Quantum Simulation,' showcases D-Wave's quantum computer outperforming one of the world's most powerful classical supercomputers in solving magnetic materials simulation problems. The research involved collaboration with scientists worldwide and utilized both D-Wave's Advantage2 prototype and the Frontier supercomputer at Oak Ridge National Laboratory.
Since February 2024, D-Wave customers have run nearly 9.5 million problems on the Advantage2 prototype, which is available through D-Wave's Leap cloud service. The company has now developed an Advantage2 processor four times larger than the prototype used in this research, extending simulations from hundreds to thousands of qubits.
