D-Wave Quantum Inc. (NYSE: QBTS) Launches Commercial Availability of Advantage2(TM) Quantum System

• Advantage2 offers a 4,400+ qubit processor with improved coherence and connectivity
• The system targets real-world applications in optimization, materials simulation, and AI, and features a 75% reduction in noise and a 40% energy scale increase over the predecessor Advantage(TM) quantum system
• Customers can access the Advantage2 system via D-Wave’s Leap(TM) cloud service or deploy it on-premises
• The Advantage2 system represents a remarkable achievement in helping customers realize value from quantum computing right now, said CEO Dr. Alan Baratz

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has officially announced the general availability of its Advantage2 annealing quantum computing system. The launch marks the debut of what the company calls its most performant system yet, delivering energy-efficient, scalable quantum processing capable of tackling problems beyond the capabilities of classical computers (https://ibn.fm/OrjxO).

The Advantage2 system features more than 4,400 qubits and is available through D-Wave’s Leap real-time quantum cloud service and for on-premises deployment by enterprises and research institutions. The system is engineered to address complex optimization, simulation, and machine learning challenges across various sectors.

One of the central advances in Advantage2 lies in its processor architecture. Built on Zephyr(TM) topology, this is D-Wave’s most advanced processor to date, increasing qubit connectivity to 20-way, enabling more complex problems to be embedded directly into the system. It also features double the coherence time of previous generations, a factor that contributes to faster time-to-solution. Additionally, the system reports a 75% reduction in noise and a 40% increase in energy scale, both of which enhance the quality and consistency of quantum calculations.

D-Wave also emphasized the system’s readiness for production use. According to the company, Advantage2 consumes only 12.5 kilowatts of electricity, consistent with D-Wave’s prior five generations of annealing quantum computing systems, an important consideration for businesses looking to manage operational costs while scaling up computational capabilities.

D-Wave’s Leap quantum cloud platform, which now offers access to the Advantage2 system, is accessible in over 40 countries and includes support for hybrid solvers capable of handling problems involving up to two million variables and constraints. This functionality aims to support businesses running large-scale optimization tasks in fields such as logistics, communications, finance, and manufacturing. Since June 2022, more than 20 million customer problems have been submitted, with usage increasing by 134% over the past six months, according to D-Wave.

At Los Alamos National Laboratory, scientists are using D-Wave’s technology to explore quantum applications in condensed matter theory and magnetic materials. “We currently use the Advantage2 prototype system, which has yielded a variety of interesting technical results that are currently being prepared for peer review. The team is eager to work on the full-scale Advantage2 system to further this research,” said Carleton Coffrin, a senior scientist at the lab.

In the private sector, Davidson Technologies is set to host an Advantage2 system at its Alabama headquarters, focusing on mission-critical and national security-related quantum applications. Davidson Technologies President and CEO Dale Moore stated: “We believe this system offers an important new pathway for the development of quantum optimization applications designed to support mission-critical challenges and national security-focused quantum research.”

Japan Tobacco’s Central Pharma Research Institute has used the Advantage2 system in a proof-of-concept project combining quantum computing with AI for drug discovery. “The impact of bringing quantum together with AI could drive new breakthroughs in life sciences, as demonstrated in our recent proof of concept. The project revealed that D-Wave’s Advantage2 quantum systems can deliver high quality, low energy samples that could drive enhanced performance in generative AI architectures,” said Dr. Masaru Tateno, Chief Scientific Officer of Central Pharma Research Institute.

Also, the Jülich Supercomputing Centre at Forschungszentrum Jülich in Germany plans to upgrade its current Advantage system to an Advantage2 system and connect it with JUPITER, Europe’s only exascale-class supercomputer, for research in AI and quantum optimization applications.

Dr. Alan Baratz, D-Wave’s CEO, described the Advantage2 commercial release as a pivotal step in the company’s mission to deliver commercially viable quantum computing.

“Today marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole, as we bring to market our sixth-generation quantum computer, a system so powerful that it can solve hard problems outside the reach of one of the world’s largest exascale GPU-based classical supercomputers,” said Dr Baratz. “It’s an engineering marvel, with substantial technical advancements that highlight D-Wave’s progress in scaling quantum technology to meet industry demands for growing computational processing power while maintaining energy efficiency. We’re helping customers realize value from quantum computing right now, and the Advantage2 system represents a remarkable achievement in delivering on that mission.”

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com

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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