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D-Wave Quantum

#4073

Rank

$2.14B

Marketcap

CA Canada

Country

D-Wave Quantum
Leadership team

Dr. Alan E. Baratz Ph.D. (CEO & Director)

Mr. John M. Markovich (Chief Financial Officer)

Mr. Eric Ladizinsky (Co-Founder & Chief Scientist)

Products/ Services
Electronics, Manufacturing, Quantum Computing, Semiconductor
Number of Employees
100 - 500
Headquarters
Burnaby, British Columbia, Canada
Established
1999
Company Registration
SEC CIK number: 0001907982
Revenue
5M - 20M
Traded as
QBTS
Social Media
Overview
Location
Summary
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.
History

D-Wave was founded by Haig Farris , Geordie Rose , Bob Wiens , and Alexandre Zagoskin . Farris taught a business course at the University of British Columbia , where Rose obtained his PhD, and Zagoskin was a postdoctoral fellow. The company name refers to their first qubit designs, which used d-wave superconductors.

D-Wave operated as an offshoot from UBC, while maintaining ties with the Department of Physics and Astronomy. It funded academic research in quantum computing, thus building a collaborative network of research scientists. The company collaborated with several universities and institutions, including UBC, IPHT Jena, Université de Sherbrooke, University of Toronto, University of Twente, Chalmers University of Technology, University of Erlangen, and Jet Propulsion Laboratory. These partnerships were listed on D-Wave's website until 2005. In June 2014, D-Wave announced a new quantum applications ecosystem with computational finance firm 1QB Information Technologies and cancer research group DNA-SEQ to focus on solving real-world problems with quantum hardware.On May 11, 2011, D-Wave Systems announced D-Wave One, described as "the world's first commercially available quantum computer", operating on a 128-qubit chipset using quantum annealing to solve optimization problems. The D-Wave One was built on early prototypes such as D-Wave's Orion Quantum Computer. The prototype was a 16-qubit quantum annealing processor, demonstrated on February 13, 2007, at the Computer History Museum in Mountain View, California. D-Wave demonstrated what they claimed to be a 28-qubit quantum annealing processor on November 12, 2007. The chip was fabricated at the NASA Jet Propulsion Laboratory Microdevices Lab in Pasadena, California.In May 2013, a collaboration between NASA, Google and the Universities Space Research Association launched a Quantum Artificial Intelligence Lab based on the D-Wave Two 512-qubit quantum computer that would be used for research into machine learning, among other fields of study.On August 20, 2015, D-Wave Systems announced the general availability of the D-Wave 2X system, a 1000-qubit+ quantum computer. This was followed by an announcement on September 28, 2015, that it had been installed at the Quantum Artificial Intelligence Lab at NASA Ames Research Center.

In January 2017, D-Wave released the D-Wave 2000Q and an open source repository containing software tools for quantum annealers. It contains Qbsolv, which is a piece of open-source software that solves QUBO problems on both company's quantum processors and classic hardware architectures.

D-Wave operated from various locations in Vancouver, British Columbia, and laboratory spaces at UBC before moving to its current location in the neighboring suburb of Burnaby. D-Wave also has offices in Palo Alto and Vienna, USA.

Mission
D-Wave's mission is to sovereignly provide the world’s leading quantum computers, application development resources, and enterprise/government problem-solving services to assist with pushing forward global technology and industry innovation and problem-solving.
Vision
Real world applications of quantum computing will drive global economic and technological development, with the power to personalize healthcare and transportation, optimize energy, and reform economic infrastructures.
Key Team

Ms. Diane Nguyen (VP of Legal)

Ms. Michelle Maggs (VP of Corp. Marketing)

Dr. Mark W. Johnson (Sr. VP of Quantum Technologies & Systems Products)

Ms. Victoria Brydon (Sr. VP of People & Operational Excellence)

Dr. Mohammad H. S. Amin (Principal Scientist)

Ms. Michele Macready (Sr. VP of Software, Algorithms, Cloud & Professional Services)

Mr. Mark Snedeker (Sr. VP of Growth)

Recognition and Awards
D-Wave has earned prestigious awards for its pioneering work, including Good Design Sponsorship Award, Corporate LiveWire Innovation Award, and American Business Awards by Stevie Awards. They have also collected multiple Entrepreneur Of The Year Awards in the categories of Innovation, of Technology, and of Technology-Manufacturing.
References

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D-Wave Quantum
Leadership team

Dr. Alan E. Baratz Ph.D. (CEO & Director)

Mr. John M. Markovich (Chief Financial Officer)

Mr. Eric Ladizinsky (Co-Founder & Chief Scientist)

Products/ Services
Electronics, Manufacturing, Quantum Computing, Semiconductor
Number of Employees
100 - 500
Headquarters
Burnaby, British Columbia, Canada
Established
1999
Company Registration
SEC CIK number: 0001907982
Revenue
5M - 20M
Traded as
QBTS
Social Media