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D-Wave Quantum and Davidson Technologies Enter Multi-Year Reseller Agreement
Monday, January 9, 2023Company Profile | Follow Company
Burnaby, BC, January 9, 2023--(T-Net)--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers; and Davidson Technologies, Inc., a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers, today announced that the companies have entered into a multi-year reseller agreement.
The new alliance enables Davidson to resell D-Wave's products and services, including the Leap quantum cloud service.
In addition, the companies are working together on an initiative to support classified quantum-hybrid applications, an important requirement for national defense programs.
The collaboration comes at a time when the United States Government is increasingly emphasizing the importance of quantum information science (QIS) technology in fostering American innovation and furthering military initiatives.
By collaborating on joint go-to-market efforts, Davidson plans to expand its advanced, intelligent technology solutions with D-Wave's cloud-based quantum computing and quantum hybrid solver services in support of US defense and aerospace efforts. Quantum-hybrid applications can support a variety of mission objectives, including supply chain optimization, logistics management, weapon system optimization, and vehicle routing, to name a few.
"Quantum technology should be considered a key component of every compute infrastructure, including our nation's defense operations," said Major General John W. Holly (USA, Ret.), President, CEO and Chairman of Davidson. "By joining forces with D-Wave, we're aiming to help our Government customers accelerate the adoption and application of today's quantum-hybrid solutions as part of our focused mission to protect and defend the United States."
Alan Baratz, Chief Executive Officer, D-Wave Systems Inc.
"Davidson has a reputation for recognizing how emerging and advanced technologies can be applied to help customers navigate change, embrace risks and grow," said Dr. Alan Baratz, CEO of D-Wave. "We share that spirit of imagining the unimaginable and harnessing the power of technology in service to our customers. Through our collaboration, we're extending Davidson's impressive portfolio with annealing quantum computing solutions designed to tackle government customers' increasingly complex computational problems, today."
An industry leader in quantum computing solutions, D-Wave is a pioneer with more than a decade of experience building and delivering commercial quantum computers.
Through the reseller agreement, Davidson has access to the AdvantageTM quantum system, D-Wave's fifth generation commercially available quantum computer, which excels at optimization problems ubiquitous in real-world commercial and defense applications, such as manufacturing processes and waste reduction.
Advantage has more than 5,000 qubits and 15-way qubit connectivity and is available via the Leap real-time quantum cloud service.
About Davidson Technologies, Inc.
For more than 25 years, Davidson has distinguished itself in the aerospace and missile defense industry with an outstanding reputation for performance excellence. Specifically, the company is recognized for innovation and subject matter expertise dedicated to the mission and the warfighter by designing and delivering advanced, intelligent technology solutions in defense of our Nation.
About D-Wave Quantum Inc.
D-Wave (NYSE: QBTS) is a leader in the development and delivery of quantum computing systems, software, and services, and is the world's first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave's technology is being used by some of the world's most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.
This press release contains forward-looking statements that are based on beliefs and assumptions, and on information currently available. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. [ MORE ] |
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