D-Wave Quantum Inc. (NYSE: QBTS) Joins Chicago Quantum Exchange to Help Advance Quantum Science and Commercialization

  • The partnership is aimed at furthering quantum education and industry adoption efforts
  • D-Wave will engage with the Chicago Quantum Exchange (“CQE”) community on materials science research, quantum education, and the development of practical optimization use cases across multiple sectors
  • D-Wave’s technology, products and training are expected to play a role in the efforts to support and expand quantum commercialization in the Chicago region

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has joined the Chicago Quantum Exchange (“CQE”), a leading quantum research hub connecting academia, industry and national labs. The partnership aims to further quantum education and accelerate the development and commercialization of quantum technology, with a focus on practical applications of D-Wave’s annealing quantum computing solutions (https://ibn.fm/HPXrV).

Founded in 1999, D-Wave is developing two types of superconducting quantum computers: annealing systems, currently at 5,000+-qubits, and gate-based systems. D-Wave offers cloud access to its annealing quantum computing systems as well as open-source software and support services for customers across…

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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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