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Type of Company:
Type:
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Company
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Ownership: |
Privately Held (Funded) |
Company Size: |
120 Employees In BC (135 Total)
120 In BC (135 Total)
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Year Founded: |
1999 |
Sector: |
Other Tech Sectors
Other Tech Sectors
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Region: |
Lower Mainland / South Coast
Lower Mainland
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Key Links: |
Company Blog
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Tags: |
D-Wave Systems Inc., quantum computation, quantum computers, superconducting quantum processors, qubit processor
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Profile Views: |
27,351 Company Profile Views |
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D-Wave Systems Inc. was founded in 1999 to explore the commercial potential of quantum computation.
Focused on solving problems poorly served by traditional computational methods, D-Wave brought together leading experts from academia and industry to design and build commercially useful quantum computers. As the recognized leader in the fabrication and integration of superconducting quantum processors, D-Wave is uniquely positioned to usher in a new era of ultra-performance processing solutions. In 2010, D-Wave completed the world's first commercial sale of a quantum computer to Lockheed Martin Corporation.
In 2013, D-Wave has completed its development of D-Wave Two, a 512-qubit processor, of which early tests indicate performance beyond the capability of classical computing systems for a given set of hard benchmark problems. In 2013 a D-Wave Two was installed as part of a scheduled upgrade of the Lockheed Martin system and is currently being installed at the new Quantum Artificial Intelligence Lab, a collaboration among NASA, Google and the Universities Space Research Association (USRA).
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Date |
Type |
Amount |
Investors |
Mar 11, 2021 |
Grant |
$40 Million CAD |
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Feb 8, 2022 |
IPO |
$340 Million USD |
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Date |
Type |
Amount |
Investors |
Mar 11, 2021 |
Grant |
$40M CAD |
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Feb 8, 2022 |
IPO |
$340M USD |
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Jan 18, 2023
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D-Wave Quantum Announces New Commercial Customer Engagements, Cross-Platform Product Enhancements at Qubits 2023
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Jan 9, 2023
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D-Wave Quantum and Davidson Technologies Enter Multi-Year Reseller Agreement
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Dec 16, 2022
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D-Wave Releases New Study Showing Growing Commercial Activity and Investment in Quantum Computing
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Dec 12, 2022
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Burnaby-based D-Wave Quantum and uptownBasel Infinity Announce Collaboration on Quantum Annealing Technology
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Dec 1, 2022
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D-Wave to Bring Together Quantum Computing Industry Leaders at Qubits 2023 Conference
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Nov 14, 2022
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D-Wave Quantum Reports its Third Quarter Results
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Nov 9, 2022
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D-Wave Announces Two Key Updates to Its Constrained Quadratic Model (CQM) Hybrid Solver in Leap Quantum Cloud Service
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Oct 24, 2022
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D-Wave Quantum Launches in AWS Marketplace
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Sep 30, 2022
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Quantum Computing Leader D-Wave Demonstrates Large-Scale 'Coherent Quantum Annealing' in New Milestone Study
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Aug 23, 2022
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D-Wave Systems Reports Increased Net Losses in Second Quarter and First Half 2022, Provides Business Update
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