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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): October 1, 2026
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D-Wave Quantum Inc.
(Exact Name of Registrant as Specified in Its Charter)
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| 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)
(650) 285-2881
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
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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:
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| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| 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:
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| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Common stock, par value $0.0001 per share | | QBTS | | The Nasdaq Stock Market LLC |
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).
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| 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 October 1, 2026, D-Wave Quantum Inc. (“D-Wave”) launched its gate-model quantum computing simulator beta program, marking an important milestone in D-Wave’s gate-model development roadmap.
The beta program offers select customers early access to the simulator in advance of its general availability to experiment with error-aware programming and develop quantum applications in preparation for D-Wave’s forthcoming gate-model systems. The simulator is built around D-Wave’s dual-rail superconducting gate-model technology, which is designed to harness error detection to deliver efficient quantum error correction with significantly lower hardware overhead as systems scale. Participants in the simulator beta program include commercial and research organizations: BBVA, FirstQFM, Florida Atlantic University (FAU) and the Jülich Supercomputing Centre (JSC).
According to Dr. Alan Baratz, CEO of D-Wave, quantum error correction is a defining challenge in the race to commercially useful gate-model quantum computing and, by giving leading organizations early access to D-Wave’s simulator, the Company is enabling them to explore a fundamentally more efficient approach to fault tolerance and the applications it is expected to unlock.
A foundational element of the dual-rail architecture underpinning D-Wave’s simulator was recently validated in peer-reviewed research published in Nature. The research demonstrated a fast, high-fidelity two-qubit entangling gate that preserves the architecture’s inherent error-detection advantages. Beta customers will be able to explore this differentiated approach through the simulator, accessed via D-Wave’s Leap™ quantum cloud service and Ocean™ SDK. D-Wave also plans to offer flexible development bundles that combine access to the simulator and future gate-model systems with expert guidance to streamline onboarding and support research and development. 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
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| Exhibit No. | | Description |
99.1 | | Press release, dated October 1, 2026. |
| 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.
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Date: October 1, 2026 | D-Wave Quantum Inc. |
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| By: | /s/ Alan Baratz |
| Name: | Alan Baratz |
| Title: | President & Chief Executive Officer |
D-Wave Launches Gate-Model Simulator Beta Program, Advancing Error-Aware Programming Capabilities
Leading commercial and research organizations gain early access to technology designed to deliver efficient quantum error correction
PALO ALTO, Calif. — Oct. 1, 2026 — D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today launched its gate-model quantum computing simulator beta program, marking an important milestone in D-Wave’s gate-model development roadmap.
The beta program offers select customers early access to the simulator in advance of its general availability to experiment with error-aware programming and develop quantum applications in preparation for D-Wave’s forthcoming gate-model systems. The simulator is built around D-Wave’s dual-rail superconducting gate-model technology, which is designed to harness error detection to deliver efficient quantum error correction with significantly lower hardware overhead as systems scale. Participants in the simulator beta program include commercial and research organizations: BBVA, FirstQFM, Florida Atlantic University (FAU) and the Jülich Supercomputing Centre (JSC).
“Quantum error correction is a defining challenge in the race to commercially useful gate-model quantum computing,” said Dr. Alan Baratz, CEO of D-Wave. “By giving leading organizations early access to our simulator, we’re enabling them to explore a fundamentally more efficient approach to fault tolerance and the applications we expect it will unlock. The beta program marks a major step in the rapid execution of our roadmap and reinforces D-Wave’s leadership in advancing fault-tolerant gate-model quantum computing.”
A foundational element of the dual-rail architecture underpinning D-Wave’s simulator was recently validated in peer-reviewed research published in Nature. The research demonstrated a fast, high-fidelity two-qubit entangling gate that preserves the architecture’s inherent error-detection advantages. Beta customers will be able to explore this differentiated approach through the simulator, accessed via D-Wave’s Leap™ quantum cloud service and Ocean™ SDK. D-Wave also plans to offer flexible development bundles that combine access to the simulator and future gate-model systems with expert guidance to streamline onboarding and support research and development.
What beta customers are saying about D-Wave’s gate-model simulator:
“Quantum computing could open new approaches to some of the financial services industry’s most complex computational challenges,” said Escolástico Sánchez Martínez, quantum principal manager at BBVA. “Through D-Wave’s beta program, we look forward to exploring how its error-aware simulator and forthcoming dual-rail gate-model systems could support applications such as portfolio optimization, fraud detection and derivatives valuation.”
“Error detection creates an opportunity to recover useful information that might otherwise be discarded,” said Vish Ramakrishnan, CEO of FirstQFM. “Through D-Wave’s beta program, we plan to apply our proprietary foundation models for quantum computing to explore how detected errors, mid-circuit error signals and real-time control can be used to improve the quality and reliability of quantum computations, while preparing these techniques for future testing on dual-rail gate-model hardware.”
“By beta testing quantum simulators early, D-Wave and FAU have given our students and faculty real, hands-on experience with the tools that will shape the industry,” said Robert Loredo, executive director of the FAU Center for Quantum Technologies. “This isn’t just about advancing research; it’s about preparing the people who will build and lead the quantum workforce of tomorrow.”
“Quantum machine learning models that perform well under ideal conditions may behave very differently when exposed to realistic hardware constraints,” said Dr. Arslan Munir, professor of electrical engineering and computer science at FAU. “D-Wave’s simulator will allow us to investigate how error-aware, qubit-efficient approaches could improve the robustness of quantum machine learning and help establish practical design guidelines for future gate-model quantum systems.”
“D-Wave’s simulator represents an important step forward in giving researchers practical tools to explore the potential of error-aware quantum computing,” said Dr. Kristel Michielsen, director of JSC. “We are excited to gain early access to this differentiated technology and contribute insights that can help advance the development of D-Wave’s future gate-model systems.”
To sign up for updates on D-Wave’s gate-model quantum computing simulator, systems and development bundles, visit https://explore.dwavequantum.com/simulator.
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software and services. It is the world’s first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave’s mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how D-Wave is shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by the following words: “believe,” “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “trend,” “estimate,” “predict,” “project,” “potential,” “seem,” “seek,” “future,” “outlook,” “forecast,” “projection,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. 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 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.
Media Contact:
Alex Daigle
media@dwavesys.com
