D-Wave Quantum Inc. (NYSE: QBTS) Featured in Wall Street Journal Article About Tackling Real-World Optimization Problems with Quantum

  • The article titled “Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection” showcases how recent technological advances make it possible for businesses and researchers to explore quantum computing for practical use cases
  • D-Wave’s quantum computer is well-suited to optimize complex tasks, from managing cargo movement at our nation’s ports to planning promotional tours and even grocery delivery routes
  • D-Wave is the only company commercially offering annealing quantum computing

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, recently announced that it has been featured in a Wall Street Journal article on quantum computing, highlighting its technology’s strength in tackling real-world optimization problems. The article, titled “Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection,” showcases how recent technological advances are making it possible for businesses and researchers to explore quantum computing for practical use cases (https://ibn.fm/1kW0J).

D-Wave’s customers have used its quantum computer to optimize complex tasks, from individual business needs such as scheduling grocery delivery drivers or planning promotional tours, to major operations like managing cargo movement at a major port. These tasks are categorized as optimization problems, which involve finding the most efficient solution among countless possibilities. Classical computers struggle with such problems due to the sheer volume of possible solutions. In contrast, quantum computers, with their ability to handle vast amounts of data simultaneously, show great promise in this area.

D-Wave’s Advantage(TM) quantum computer, with more than 5,000 qubits, along with its Leap(TM) real-time quantum cloud service are available in the market today, assisting customers in accelerating the adoption and implementation of quantum and hybrid-quantum applications. D-Wave has already integrated a customer’s commercial application into production, indicating its systems are actively used in their operations. D-Wave is the only company commercially offering annealing quantum computing, which is particularly well-suited for solving optimization problems that are common in commercial enterprises.

Dr. Alan Baratz, CEO of D-Wave, said The Wall Street Journal’s acknowledgment of quantum’s growing relevance and importance reflects the steadily increasing appetite and enthusiasm of D-Wave customers to harness the power of quantum to solve their most computationally complex problems (https://ibn.fm/789D3). “We believe there is no other company right now in the world delivering the same level of commercial-grade, production-ready quantum technology as D-Wave,” he added. “It’s an incredibly important moment for the industry, and this recognition of D-Wave’s leadership is gratifying.”

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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