D-Wave Quantum Inc. (NYSE: QBTS) and Davidson Technologies, Inc. announced that D-Wave's Advantage2 quantum computer is now operational at Davidson's headquarters in Huntsville, Alabama. This deployment marks a significant step in accelerating the U.S. government's use of quantum computing for mission-critical applications, particularly in national defense.
Dr. Alan Baratz, CEO of D-Wave, said, "This is a momentous day for D-Wave and, we believe, a significant step forward in accelerating the U.S. government's use of quantum computing now. Together with Davidson, we can help the U.S. government apply quantum computing today to drive mission-critical decision-making, fuel operational efficiencies, and protect national interests."
The system is available for customer use via D-Wave's Leap real-time quantum cloud service. It is D-Wave's second U.S.-based annealing quantum computer and the first in Alabama. The collaboration between D-Wave and Davidson aims to address challenges in logistics optimization, artificial intelligence, and materials science, among other areas.
This launch is part of a multi-year agreement and technology collaboration between the two companies to accelerate quantum computing adoption among U.S. government agencies. The system housed at Davidson is expected to eventually run sensitive applications that require on-premises deployment.
For more details, the full press release can be accessed at https://ibn.fm/sEmrd. Information about D-Wave is available at www.dwavequantum.com.
D-Wave is a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers. The company builds both annealing and gate-model quantum computers. Its quantum computers feature QPUs with sub-second response times and can be deployed on-premises or accessed through its quantum cloud service, which offers 99.9% availability and uptime. Over 100 organizations use D-Wave's technology, with more than 200 million problems submitted to its quantum systems.
Forward-looking statements in this release involve risks and uncertainties. These are detailed in D-Wave's filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Undue reliance should not be placed on these statements.
