STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

D-Wave Quantum (NYSE: QBTS) launches U.S. government solutions unit led by Sears

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

D-Wave Quantum Inc. announced the formation of a new business unit focused on expanding adoption of its quantum computing products and services within the U.S. government. The unit will coordinate government-related initiatives across the company and concentrate on national security, defense, and infrastructure applications.

The business will be led by Jack Sears Jr., who joins D-Wave’s executive team as vice president of U.S. government solutions. He brings more than 25 years of experience working with federal government customers in the defense and aerospace sectors, including responsibilities for growth strategy, pricing, proposals, and federal acquisition compliance.

D-Wave also highlighted that its Advantage2 quantum computer is now operational at the Alabama headquarters of Davidson Technologies, Inc., a mission-driven technology company that supports U.S. Department of War and commercial aerospace customers, and is expected to be used for mission-critical and eventually sensitive government applications.

Positive

  • None.

Negative

  • None.

Insights

New dedicated U.S. government business unit and executive hire to expand quantum adoption in defense-related markets.

D-Wave Quantum Inc. is creating a new business unit focused on selling its quantum computing products and services to the U.S. government. The unit will be led by Jack Sears Jr., who joins the executive team as vice president of U.S. government solutions, with responsibility for government go-to-market, application development, specialized product work, and support for secure, federally compliant systems.

The disclosure highlights explicit demand signals from multiple U.S. Department of War leaders for quantum applications in national security, defense, and infrastructure use cases. In parallel, D-Wave’s Advantage2TM quantum computer is now operational at the Alabama headquarters of Davidson Technologies, Inc., which supports U.S. Department of War and commercial aerospace customers, and is expected to work on mission-critical problems and eventually sensitive applications.

Key items to watch are how quickly this new unit converts government interest into concrete quantum applications and contracts, and the extent to which the Advantage2 deployment at Davidson Technologies becomes a recurring source of government-related workload. Over the next several reporting periods after December 2, 2025, disclosures on government bookings, funded projects, and any additional infrastructure deployments will be central to assessing the financial impact of this strategic focus.

0001907982FALSE00019079822025-12-022025-12-020001907982us-gaap:CommonStockMember2025-12-022025-12-02

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): December 2, 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
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 December 2, 2025, D-Wave Quantum Inc. (“D-Wave”) announced that it has formed a new business unit dedicated to driving the adoption of its quantum computing products and services with the U.S. government. Led by seasoned government and public sector business executive Jack Sears Jr., the newly formed unit will support D-Wave’s enterprise-wide U.S. government-related initiatives.

Calls for quantum applications have come from several members of the U.S. Department of War’s leadership, including Undersecretary of War for Research and Engineering, Emil Michael, Secretary of the Army, Daniel Driscoll, and Acting Chief Technology officer of the Navy, Justin Fanelli. To address this growing market opportunity, Sears will join D-Wave’s executive team and serve as the business unit’s vice president of U.S. government solutions. In his role, Sears will oversee government-related go-to-market efforts and application development as well as the unique product development and customer support necessary for secure systems that meet federal requirements. He brings more than 25 years of experience in developing and executing organizational growth strategies for companies serving the federal government in the defense and aerospace industries. His background includes full P&L responsibility, proposal development, price-to-win modeling, and U.S. federal acquisition compliance.

According to D-Wave’s CEO, Dr. Alan Baratz, D-Wave aims to facilitate the rapid development of quantum applications that address national security, defense, and infrastructure challenges by formalizing a U.S. government-focused business unit under Sears’ leadership. In support of the company’s government business, D-Wave recently announced that its Advantage2TM quantum computer is now operational at the Alabama headquarters of Davidson Technologies, Inc., a mission-driven technology company supporting U.S. Department of War and commercial aerospace customers. The system is expected to address mission-critical U.S. government problems and eventually run sensitive applications. 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 December 2, 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: December 2, 2025
D-Wave Quantum Inc.
By:
/s/ Alan Baratz
Name:
Alan Baratz
Title:
President & Chief Executive Officer

D Wave Quantum

NYSE:QBTS

QBTS Rankings

QBTS Latest News

QBTS Latest SEC Filings

QBTS Stock Data

7.65B
341.68M
1.67%
45.7%
19.22%
Computer Hardware
Services-computer Processing & Data Preparation
Link
United States
PALO ALTO