D Wave Quantum Stock Price, News & Analysis

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.

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 (NYSE: QBTS), a leader in quantum computing systems, software, and services, has announced its participation in several upcoming investor events in March 2025.

The schedule includes:

• B. Riley Virtual Quantum Computing Day on March 7
• Stifel Technology One-on-One Conference in New York, NY on March 11
• Roth Annual Conference in Dana Point, CA on March 17-18
• Craig-Hallum Virtual Quantum Computing Conference on March 24

Investors interested in meeting with management can contact their sales representatives at the respective investment banks or reach out to D-Wave's Investor Relations team directly.

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has scheduled its fourth quarter and fiscal year 2024 financial results announcement for March 13, 2025, before market open. The company will host a conference call at 8:00 a.m. Eastern Time on the same day, featuring CEO Dr. Alan Baratz and CFO John Markovich. The earnings release will be accessible on D-Wave's Investor Relations website.

D-Wave Quantum (NYSE: QBTS) and Staque have developed a commercial hybrid-quantum application for optimizing autonomous agriculture vehicle movements. The solution, built in collaboration with Verge Ag and supported by Canada's DIGITAL Global Innovation Cluster, aims to streamline agricultural operations for thousands of fields in real-time.

The application represents one of the first customer-facing, real-world quantum computing products for agricultural optimization. Traditional computation methods typically require days or weeks for solutions, while this hybrid-quantum application has demonstrated significant speed improvements over classical approaches. The technology is being showcased at World Fira 2025 and Qubits 2025.

The initiative addresses the complex challenge of robot routing in agricultural environments, which cannot be efficiently solved using classical computers. The solution aims to increase crop production, drive efficiencies, and lower farming costs through quantum-optimized decision-making.

D-Wave Quantum (NYSE: QBTS) announced a new offering enabling research centers, academic institutions, and governments to purchase on-premises D-Wave Advantage quantum computing systems. The systems feature over 5,000 qubits and 15-way connectivity, making them the world's largest annealing quantum computers.

Forschungszentrum Jülich (FZJ) becomes the first high-performance computing center to purchase a D-Wave Advantage system. The offering includes installation, maintenance, and assistance in setting up local hybrid quantum solvers. D-Wave also introduced the 'Quantum Uplift' program, providing financial incentives to organizations dissatisfied with competitor quantum systems.

The initiative aims to drive advanced research in artificial intelligence and quantum simulation, addressing challenges like AI's increasing power consumption. According to Hyperion Research, nearly 20% of respondents prioritize on-site quantum computing infrastructure for control, security, and immediacy.