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Founded in 1999, D-Wave (QBTS) specializes in developing and delivering quantum computing systems, software, and services, focusing on both annealing and gate-model quantum computers. It is recognized as the world’s first commercial supplier of quantum computers, commanding a market capitalization of $1.62 billion.
D-Wave has secured its first sale of an on-premise quantum computing system to Forschungszentrum Jülich, a leading German national research institution specializing in high-performance computing. This milestone marks a significant step in the company’s expansion strategy, reinforcing its position as a key player in the quantum computing landscape. Additionally, D-Wave has introduced the “Quantum Uplift” initiative, a newly designed sales strategy aimed at capitalizing on the rising dissatisfaction among customers with competing quantum solutions.
