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[8-K] D-Wave Quantum Inc. Reports Material Event

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(Neutral)
Filing Sentiment
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Form Type
8-K
Rhea-AI Filing Summary

D-Wave Quantum Inc. (NYSE: QBTS) filed an 8-K (Item 7.01) announcing a strategic development initiative to expand superconducting cryogenic packaging for both its annealing and fluxonium gate-model quantum processors. The effort leverages NASA Jet Propulsion Laboratory’s superconducting bump-bond process, with successful demonstrations of end-to-end chip interconnects. Management believes the program will accelerate cross-platform development and support the company’s roadmap toward 100,000 qubits.

The initiative includes new equipment, processes and multichip packaging capabilities intended to strengthen D-Wave’s manufacturing base and supply-chain resilience. No financial terms, cap-ex estimates or revenue guidance were provided. As information is furnished under Reg FD, it is not subject to Section 18 liability.

  • Key partner: NASA-JPL (Caltech-managed, federally funded)
  • Focus: advanced cryogenic multichip packaging
  • Trading symbols: QBTS (common), QBTS.WT (warrants)

D-Wave Quantum Inc. (NYSE: QBTS) ha presentato un modulo 8-K (Voce 7.01) annunciando un'iniziativa strategica per espandere il packaging criogenico superconduttore sia per i suoi processori quantistici annealing che per quelli a gate modello fluxonium. L'iniziativa sfrutta il processo di bump-bond superconduttore del NASA Jet Propulsion Laboratory, con dimostrazioni di successo di interconnessioni end-to-end dei chip. La direzione ritiene che il programma accelererà lo sviluppo cross-platform e supporterà la tabella di marcia dell'azienda verso 100.000 qubit.

L'iniziativa comprende nuovi equipaggiamenti, processi e capacità di packaging multichip pensati per rafforzare la base produttiva di D-Wave e la resilienza della catena di approvvigionamento. Non sono stati forniti termini finanziari, stime di spese in conto capitale o previsioni di ricavi. Poiché le informazioni sono fornite ai sensi del Reg FD, non sono soggette alla responsabilità ai sensi della Sezione 18.

  • Partner chiave: NASA-JPL (gestito da Caltech, finanziato a livello federale)
  • Focus: packaging criogenico avanzato multichip
  • Simboli di borsa: QBTS (azioni ordinarie), QBTS.WT (warrant)

D-Wave Quantum Inc. (NYSE: QBTS) presentó un formulario 8-K (Artículo 7.01) anunciando una iniciativa estratégica para expandir el empaquetado criogénico superconductivo tanto para sus procesadores cuánticos de recocido como para los de modelo de puerta fluxonium. El esfuerzo aprovecha el proceso de unión por bump superconductora del Laboratorio de Propulsión a Chorro de la NASA, con demostraciones exitosas de interconexiones de chip de extremo a extremo. La gerencia cree que el programa acelerará el desarrollo multiplataforma y apoyará la hoja de ruta de la empresa hacia 100,000 qubits.

La iniciativa incluye nuevos equipos, procesos y capacidades de empaquetado multichip destinados a fortalecer la base de fabricación de D-Wave y la resiliencia de la cadena de suministro. No se proporcionaron términos financieros, estimaciones de gastos de capital ni guías de ingresos. Dado que la información se proporciona bajo el Reg FD, no está sujeta a la responsabilidad según la Sección 18.

  • Socio clave: NASA-JPL (gestionado por Caltech, financiado federalmente)
  • Enfoque: empaquetado criogénico avanzado multichip
  • Símbolos de cotización: QBTS (acciones comunes), QBTS.WT (warrants)

D-Wave Quantum Inc. (NYSE: QBTS)는 8-K 보고서(Item 7.01)를 제출하며, 어닐링 및 플럭소늄 게이트 모델 양자 프로세서를 위한 초전도 저온 패키징 확장 전략 개발 계획을 발표했습니다. 이 노력은 NASA 제트 추진 연구소의 초전도 범프 본딩 공정을 활용하며, 칩 간 엔드 투 엔드 연결에 성공적인 시연을 보였습니다. 경영진은 이 프로그램이 크로스 플랫폼 개발을 가속화하고 회사의 100,000 큐비트 로드맵을 지원할 것이라고 믿고 있습니다.

이 이니셔티브에는 새로운 장비, 공정 및 멀티칩 패키징 역량이 포함되어 있어 D-Wave의 제조 기반과 공급망 탄력성을 강화하는 데 목적이 있습니다. 재무 조건, 자본 지출 추정치 또는 수익 가이던스는 제공되지 않았습니다. 해당 정보는 Reg FD에 따라 제공되므로 섹션 18 책임 대상이 아닙니다.

  • 주요 파트너: NASA-JPL (Caltech 관리, 연방 자금 지원)
  • 중점 분야: 첨단 저온 멀티칩 패키징
  • 거래 심볼: QBTS (보통주), QBTS.WT (워런트)

D-Wave Quantum Inc. (NYSE : QBTS) a déposé un formulaire 8-K (Article 7.01) annonçant une initiative stratégique de développement visant à étendre l'emballage cryogénique supraconducteur pour ses processeurs quantiques à recuit et à modèle de porte fluxonium. Ce projet s'appuie sur le procédé de bump-bond supraconducteur du NASA Jet Propulsion Laboratory, avec des démonstrations réussies d'interconnexions de puces de bout en bout. La direction estime que ce programme accélérera le développement multiplateforme et soutiendra la feuille de route de l'entreprise vers 100 000 qubits.

L'initiative comprend de nouveaux équipements, processus et capacités d'emballage multipuces destinés à renforcer la base de fabrication de D-Wave et la résilience de sa chaîne d'approvisionnement. Aucun détail financier, estimation des dépenses en capital ni prévision de revenus n'ont été communiqués. Comme les informations sont fournies en vertu du Reg FD, elles ne sont pas soumises à la responsabilité en vertu de la Section 18.

  • Partenaire clé : NASA-JPL (géré par Caltech, financé par le gouvernement fédéral)
  • Focus : emballage cryogénique multipuces avancé
  • Symboles boursiers : QBTS (actions ordinaires), QBTS.WT (warrants)

D-Wave Quantum Inc. (NYSE: QBTS) hat ein 8-K Formular (Punkt 7.01) eingereicht und eine strategische Entwicklungsinitiative zur Erweiterung der supraleitenden kryogenen Verpackung für sowohl seine Annealing- als auch Fluxonium-Gate-Modell-Quantenprozessoren angekündigt. Die Initiative nutzt den supraleitenden Bump-Bond-Prozess des NASA Jet Propulsion Laboratory, mit erfolgreichen Demonstrationen von End-to-End-Chipverbindungen. Das Management ist der Ansicht, dass das Programm die plattformübergreifende Entwicklung beschleunigen und die Roadmap des Unternehmens zu 100.000 Qubits unterstützen wird.

Die Initiative umfasst neue Ausrüstung, Prozesse und Multichip-Verpackungsfähigkeiten, die darauf abzielen, die Fertigungsbasis von D-Wave und die Resilienz der Lieferkette zu stärken. Finanzielle Bedingungen, Investitionsschätzungen oder Umsatzprognosen wurden nicht angegeben. Da die Informationen gemäß Reg FD bereitgestellt werden, unterliegen sie nicht der Haftung nach Abschnitt 18.

  • Schlüsselpartner: NASA-JPL (von Caltech verwaltet, bundesfinanziert)
  • Fokus: fortschrittliche kryogene Multichip-Verpackung
  • Handelssymbole: QBTS (Stammaktien), QBTS.WT (Warrants)
Positive
  • Collaboration with NASA-JPL provides access to proven superconducting bump-bond technology, reducing development risk.
  • Initiative supports roadmap to 100,000 qubits, a key milestone for commercial viability.
  • Expanded multichip cryogenic packaging strengthens supply-chain resilience and manufacturing scalability.
Negative
  • Filing contains no financial metrics, leaving cost, funding source and ROI unclear.
  • Execution risk: achieving large-scale integration may require significant capital expenditure and time before revenue impact.

Insights

TL;DR: NASA-JPL collaboration enhances long-term scaling prospects; near-term financial impact undisclosed and likely modest.

D-Wave’s reliance on JPL’s proven superconducting bump-bonding should shorten development cycles and reduce technical risk for larger, multi-chip quantum cores. Although no revenue or cost figures were released, the move aligns with the company’s stated roadmap to 100k qubits—a scale investors view as critical for commercial quantum advantage. Because this is a technology announcement without accompanying orders or guidance, immediate valuation impact is limited but sentiment could improve given the prestigious partner and clearer scalability path.

TL;DR: Packaging breakthrough tackles I/O bottlenecks, enabling higher qubit counts and mixed architectures.

The shift to superconducting bump-bonded multichip modules addresses two technical pain points: heat load management and interconnect density. Demonstrated end-to-end superconducting links imply reduced signal loss and better coherence, which are prerequisites for scaling annealers and fluxonium gates. Incorporating JPL’s mature process should lower experimentation risk versus in-house development. If execution matches claims, D-Wave could achieve higher qubit yields and broaden its technology moat.

D-Wave Quantum Inc. (NYSE: QBTS) ha presentato un modulo 8-K (Voce 7.01) annunciando un'iniziativa strategica per espandere il packaging criogenico superconduttore sia per i suoi processori quantistici annealing che per quelli a gate modello fluxonium. L'iniziativa sfrutta il processo di bump-bond superconduttore del NASA Jet Propulsion Laboratory, con dimostrazioni di successo di interconnessioni end-to-end dei chip. La direzione ritiene che il programma accelererà lo sviluppo cross-platform e supporterà la tabella di marcia dell'azienda verso 100.000 qubit.

L'iniziativa comprende nuovi equipaggiamenti, processi e capacità di packaging multichip pensati per rafforzare la base produttiva di D-Wave e la resilienza della catena di approvvigionamento. Non sono stati forniti termini finanziari, stime di spese in conto capitale o previsioni di ricavi. Poiché le informazioni sono fornite ai sensi del Reg FD, non sono soggette alla responsabilità ai sensi della Sezione 18.

  • Partner chiave: NASA-JPL (gestito da Caltech, finanziato a livello federale)
  • Focus: packaging criogenico avanzato multichip
  • Simboli di borsa: QBTS (azioni ordinarie), QBTS.WT (warrant)

D-Wave Quantum Inc. (NYSE: QBTS) presentó un formulario 8-K (Artículo 7.01) anunciando una iniciativa estratégica para expandir el empaquetado criogénico superconductivo tanto para sus procesadores cuánticos de recocido como para los de modelo de puerta fluxonium. El esfuerzo aprovecha el proceso de unión por bump superconductora del Laboratorio de Propulsión a Chorro de la NASA, con demostraciones exitosas de interconexiones de chip de extremo a extremo. La gerencia cree que el programa acelerará el desarrollo multiplataforma y apoyará la hoja de ruta de la empresa hacia 100,000 qubits.

La iniciativa incluye nuevos equipos, procesos y capacidades de empaquetado multichip destinados a fortalecer la base de fabricación de D-Wave y la resiliencia de la cadena de suministro. No se proporcionaron términos financieros, estimaciones de gastos de capital ni guías de ingresos. Dado que la información se proporciona bajo el Reg FD, no está sujeta a la responsabilidad según la Sección 18.

  • Socio clave: NASA-JPL (gestionado por Caltech, financiado federalmente)
  • Enfoque: empaquetado criogénico avanzado multichip
  • Símbolos de cotización: QBTS (acciones comunes), QBTS.WT (warrants)

D-Wave Quantum Inc. (NYSE: QBTS)는 8-K 보고서(Item 7.01)를 제출하며, 어닐링 및 플럭소늄 게이트 모델 양자 프로세서를 위한 초전도 저온 패키징 확장 전략 개발 계획을 발표했습니다. 이 노력은 NASA 제트 추진 연구소의 초전도 범프 본딩 공정을 활용하며, 칩 간 엔드 투 엔드 연결에 성공적인 시연을 보였습니다. 경영진은 이 프로그램이 크로스 플랫폼 개발을 가속화하고 회사의 100,000 큐비트 로드맵을 지원할 것이라고 믿고 있습니다.

이 이니셔티브에는 새로운 장비, 공정 및 멀티칩 패키징 역량이 포함되어 있어 D-Wave의 제조 기반과 공급망 탄력성을 강화하는 데 목적이 있습니다. 재무 조건, 자본 지출 추정치 또는 수익 가이던스는 제공되지 않았습니다. 해당 정보는 Reg FD에 따라 제공되므로 섹션 18 책임 대상이 아닙니다.

  • 주요 파트너: NASA-JPL (Caltech 관리, 연방 자금 지원)
  • 중점 분야: 첨단 저온 멀티칩 패키징
  • 거래 심볼: QBTS (보통주), QBTS.WT (워런트)

D-Wave Quantum Inc. (NYSE : QBTS) a déposé un formulaire 8-K (Article 7.01) annonçant une initiative stratégique de développement visant à étendre l'emballage cryogénique supraconducteur pour ses processeurs quantiques à recuit et à modèle de porte fluxonium. Ce projet s'appuie sur le procédé de bump-bond supraconducteur du NASA Jet Propulsion Laboratory, avec des démonstrations réussies d'interconnexions de puces de bout en bout. La direction estime que ce programme accélérera le développement multiplateforme et soutiendra la feuille de route de l'entreprise vers 100 000 qubits.

L'initiative comprend de nouveaux équipements, processus et capacités d'emballage multipuces destinés à renforcer la base de fabrication de D-Wave et la résilience de sa chaîne d'approvisionnement. Aucun détail financier, estimation des dépenses en capital ni prévision de revenus n'ont été communiqués. Comme les informations sont fournies en vertu du Reg FD, elles ne sont pas soumises à la responsabilité en vertu de la Section 18.

  • Partenaire clé : NASA-JPL (géré par Caltech, financé par le gouvernement fédéral)
  • Focus : emballage cryogénique multipuces avancé
  • Symboles boursiers : QBTS (actions ordinaires), QBTS.WT (warrants)

D-Wave Quantum Inc. (NYSE: QBTS) hat ein 8-K Formular (Punkt 7.01) eingereicht und eine strategische Entwicklungsinitiative zur Erweiterung der supraleitenden kryogenen Verpackung für sowohl seine Annealing- als auch Fluxonium-Gate-Modell-Quantenprozessoren angekündigt. Die Initiative nutzt den supraleitenden Bump-Bond-Prozess des NASA Jet Propulsion Laboratory, mit erfolgreichen Demonstrationen von End-to-End-Chipverbindungen. Das Management ist der Ansicht, dass das Programm die plattformübergreifende Entwicklung beschleunigen und die Roadmap des Unternehmens zu 100.000 Qubits unterstützen wird.

Die Initiative umfasst neue Ausrüstung, Prozesse und Multichip-Verpackungsfähigkeiten, die darauf abzielen, die Fertigungsbasis von D-Wave und die Resilienz der Lieferkette zu stärken. Finanzielle Bedingungen, Investitionsschätzungen oder Umsatzprognosen wurden nicht angegeben. Da die Informationen gemäß Reg FD bereitgestellt werden, unterliegen sie nicht der Haftung nach Abschnitt 18.

  • Schlüsselpartner: NASA-JPL (von Caltech verwaltet, bundesfinanziert)
  • Fokus: fortschrittliche kryogene Multichip-Verpackung
  • Handelssymbole: QBTS (Stammaktien), QBTS.WT (Warrants)
0001907982FALSE00019079822025-07-302025-07-300001907982us-gaap:CommonStockMember2025-07-302025-07-300001907982us-gaap:WarrantMember2025-07-302025-07-30

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________________________________________
FORM 8-K
_____________________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 30, 2025
_____________________________________________________________
D-Wave Quantum Inc.
(Exact Name of Registrant as Specified in Its Charter)
_____________________________________________________________
Delaware001-4146888-1068854
(State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification No.)
2650 East Bayshore Road
Palo Alto, California
94303
(Address of principal executive offices)
(604) 630-1428
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
_____________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.0001 per shareQBTSNew York Stock Exchange
Warrants, each whole warrant exercisable for 1.4541326 shares of common stock at an exercise price of $11.50QBTS.WTNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth companyx
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o



Item 7.01 Regulation FD Disclosure.

On July 30, 2025, D-Wave Quantum Inc. (“D-Wave”) announced a new strategic development initiative focused on advanced cryogenic packaging. Designed to advance and scale both gate model and annealing quantum processor development, the initiative builds on D-Wave’s technology leadership in superconducting cryogenic packaging and will expand the company’s multichip packaging capabilities, equipment, and processes. By bolstering its manufacturing efforts with state-of-the-art technology, D-Wave aims to accelerate its cross-platform technology development efforts while maintaining and expanding fundamental components of its supply chain.

As part of this initiative, D-Wave is leveraging deep expertise and processes at the NASA Jet Propulsion Laboratory (“JPL”), a research and development lab federally funded by NASA and managed by Caltech. Harnessing JPL’s superconducting bump-bond process, D-Wave has demonstrated end-to-end superconducting interconnect between chips, work that D-Wave expects will serve as an important foundation for scaling both D-Wave’s annealing architectures and its fluxonium-based gate-model architectures. According to Dr. Trevor Lanting, chief development officer at D-Wave, the company believes that this strategic initiative will allow D-Wave to further extend its leadership position in quantum systems technology development and support D-Wave’s exciting and aggressive product roadmap on the path to 100,000 qubits. A copy of the press release is attached as Exhibit 99.1.

The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit No.Description
99.1
Press release, dated July 30, 2025.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).







SIGNATURES
           Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 30, 2025
D-Wave Quantum Inc.
By:
/s/ Alan Baratz
Name:
Alan Baratz
Title:
President & Chief Executive Officer

FAQ

What did D-Wave Quantum (QBTS) announce on July 30 2025?

It launched a strategic initiative to expand superconducting cryogenic packaging, leveraging NASA-JPL’s bump-bond process.

Why is the NASA-JPL partnership important for QBTS investors?

JPL’s proven technology could speed up D-Wave’s path to higher qubit counts, reducing technical risk and enhancing competitiveness.

Does the 8-K include revenue or cost guidance?

No. The filing provides no financial figures, cap-ex estimates, or revenue projections.

How does the initiative fit D-Wave’s qubit roadmap?

Management says the packaging advance is foundational for reaching its target of 100,000 qubits across annealing and gate-model systems.

Is the information in Item 7.01 considered "filed" with the SEC?

No. It is furnished under Regulation FD and is not subject to Section 18 liability.
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