4.0
D-Wave Quantum Inc. is a Canadian technology company operating in the computing sector, specifically in the emerging field of quantum computing. Founded with the mission to make quantum computing accessible and applicable to real-world problems, the company is headquartered in Burnaby, British Columbia, Canada.
D-Wave is recognized as one of the pioneers in commercial quantum computing, being the first to develop and sell quantum computers using a unique approach known as quantum annealing—a method designed to solve optimization problems in areas like logistics, finance, pharmaceuticals, transportation, and materials science.
Its product and service portfolio includes:
-
Physical quantum processors with thousands of qubits
-
Leap™: a cloud platform that provides real-time access to D-Wave quantum systems
-
Quantum hybrid solvers that combine classical and quantum computing
-
Software tools and developer resources for building quantum applications
D-Wave maintains partnerships with a wide range of institutions, including Google, NASA, Lockheed Martin, Volkswagen, and several academic and government research centers.
D-Wave's shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol QBTS.
History and Founding of D-Wave Quantum Inc.
D-Wave Quantum Inc. was founded in 1999 in Canada by a team of scientists and entrepreneurs led by Geordie Rose, with the goal of advancing quantum technologies for commercial use.
In its early years, D-Wave focused on research and development of quantum hardware based on quantum annealing, differentiating itself from other companies pursuing universal gate-based quantum computers.
In 2007, D-Wave publicly demonstrated the first functional quantum computer prototype, a major milestone in the industry, despite initial skepticism from parts of the scientific community.
In 2011, D-Wave made history by becoming the first company to sell a quantum computer to a customer—NASA, in partnership with Google and the University of Southern California, acquired a D-Wave system for research purposes.
Over the following years, D-Wave expanded its offerings, launching newer and more powerful systems, including the Advantage™ quantum system, which features over 5,000 qubits.
In 2020, the company launched Leap 2, a quantum cloud platform, enabling global access to its quantum systems for developers, researchers, and businesses.
In 2022, D-Wave went public through a merger with a SPAC (special purpose acquisition company), and began trading on the NYSE under the ticker QBTS.
Between 2020 and 2024, D-Wave focused on scaling its hardware and expanding commercial use cases, particularly in logistics, supply chain, finance, and manufacturing. The company also deepened its focus on quantum-hybrid applications, combining classical and quantum computing for better real-world problem-solving.
Today, D-Wave continues to position itself as a leader in applied quantum computing, delivering practical quantum solutions to enterprises and institutions across the globe.
Additional Information
The Company D-Wave Quantum Inc. (United States), is listed on Nasdaq with a market cap of $ 6.98 Billions, having an equity of $ 670.55 Millions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 24.15 Millions, which generated a loss in the amount of $ -398.82 Millions.
As for its main indicators, the Company has a P/E ratio of -17.50, a P/BV ratio of 10.41 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker QBTS.
