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

Rhea-AI Filing Summary

D‑Wave Quantum Inc. (QBTS) furnished an update on a joint proof‑of‑concept with BASF showing a hybrid‑quantum application optimized manufacturing workflows at a BASF liquid‑filling facility. The technology set a new benchmark for efficiency by cutting production scheduling time from 10 hours to seconds.

The application was built to minimize setup time between products, speed tank offloading, and reduce tardiness versus due dates. In real‑world testing, it outperformed an existing solution across key metrics: lateness decreased by 14%, setup times fell 9%, and tank unloading durations shortened by up to 18%. D‑Wave views this as an important step toward deploying hybrid‑quantum applications in production for manufacturing and supply chain operations. The information was furnished under Item 7.01, along with a press release as Exhibit 99.1.

Insights

Quantum computing industry analyst

PoC shows measurable gains; commercial impact depends on adoption.

D‑Wave and BASF report a hybrid‑quantum PoC that materially improved operational metrics in a factory setting. The filing cites scheduling cut from 10 hours to seconds and reductions in lateness (14%), setup time (9%), and tank unloading (up to 18%), indicating performance against a baseline optimization tool.

The business relevance lies in translating PoC results into production deployments and repeatability across sites. The disclosure characterizes this as a milestone and demonstrates integration into production systems, but it does not state commercialization terms or revenue.

Key items to track include any follow‑on production rollout or additional manufacturing partners. Subsequent filings may provide detail on commercialization scope and financial implications.

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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): November 5, 2025

_____________________________________________________________

D-Wave Quantum Inc.

(Exact Name of Registrant as Specified in Its Charter)

_____________________________________________________________

Delaware			001-41468			88-1068854
(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:

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-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 class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

QBTS

New York Stock Exchange

Warrants, each whole warrant exercisable for 1.4541326 shares of common stock at an exercise price of $11.50

QBTS.WT

New 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 company x

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 November 5, 2025, D-Wave Quantum Inc. (“D-Wave”) and BASF, one of the world’s leading chemical companies, announced the completion of a joint proof-of-concept project that used a hybrid-quantum application to optimize manufacturing workflows in a BASF liquid-filling facility. The hybrid-quantum technology set a new benchmark for manufacturing efficiency, allowing reduction of production scheduling time from 10 hours to just seconds.

BASF collaborated with D-Wave to build and test a hybrid-quantum application designed to improve efficiency in a production facility. The application was designed to minimize the total setup time required to switch between products, reduce the time to fully offload each tank, and minimize the overall tardiness of products relative to their scheduled due dates. The application was tested in a real-world production scenario to optimize task scheduling and liquid tank assignments while meeting business and quality requirements. The hybrid-quantum application outperformed an existing optimization solution across key operational metrics, reducing lateness by 14%, reducing setup times by 9%, and shortening tank unloading durations by up to 18%.

D-Wave believes this proof-of-concept project marks an important milestone on the path to deploying hybrid-quantum applications in production within the manufacturing and supply chain industries. The results demonstrate how hybrid-quantum technologies can be integrated into production systems to address complex operational challenges such as optimization, scheduling, and resource allocation. 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 November 5, 2025.
104						Cover 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: November 5, 2025			D-Wave Quantum Inc.
			By:			/s/ Alan Baratz
			Name:			Alan Baratz
			Title:			President & Chief Executive Officer

FAQ

What did D‑Wave (QBTS) announce with BASF in this 8‑K?

A completed proof‑of‑concept using a hybrid‑quantum application to optimize manufacturing workflows at a BASF liquid‑filling facility.

What efficiency gains were reported in the D‑Wave and BASF project?

Production scheduling time fell from 10 hours to seconds; lateness decreased by 14%, setup times by 9%, and tank unloading durations by up to 18%.

How was the hybrid‑quantum application tested for QBTS and BASF?

It was tested in a real‑world production scenario to optimize task scheduling and liquid tank assignments while meeting business and quality requirements.

Is the information in this QBTS 8‑K considered filed or furnished?

The information under Item 7.01, including Exhibit 99.1, is furnished and not deemed filed for purposes of Section 18 of the Exchange Act.

Why does D‑Wave consider this project significant?

D‑Wave believes it marks an important milestone toward deploying hybrid‑quantum applications in production within manufacturing and supply chain industries.

What exhibit accompanied the QBTS 8‑K disclosure?

Exhibit 99.1, a press release dated November 5, 2025.