Calgary, Alberta, July 24, 2025 – SuperQ Quantum Computing Inc. (“SuperQ Quantum”, “SuperQ”, or the “Company”) a global leader in quantum and supercomputing, is pleased to announce the realization of its first revenue contract, generated through its collaboration with D-Wave Quantum Inc. (“D-Wave”) and Verge Ag (“Verge”) on a pioneering agricultural quantum optimization project.

This milestone revenue was earned from Verge, a top multi-national precision agriculture company, through quantum project development for enhancing Verge’s Launch Pad platform with quantum annealing. The goal was to optimally plan the movement of robots in thousands of agricultural fields efficiently. The quantum component of the project, which brings together industry leaders to advance autonomous agricultural vehicle optimization, was executed by D-Wave in partnership with SuperQ Quantum - through its predecessor, Staque.

A Transformative Collaboration

The foundation for this collaboration was laid at Qubits UAE 2024 in Dubai, where the CEOs of SuperQ Quantum (then Staque) and D-Wave formally signed a partnership agreement to drive adoption of annealing quantum computing in the Middle East and worldwide.

Prior to the formation and public listing of SuperQ Quantum, the SuperTM platform, related quantum services business, and the core team operated under Staque, which remains SuperQ’s largest shareholder. The invoiced services, now fully rendered and being paid for, have been consolidated into SuperQ Quantum’s operations and financials, representing the Company’s first recognized revenue as a public entity.

“This first revenue is more than a financial milestone; it’s a validation of our strategy to deliver real-world quantum solutions. Our work with a global leader like D-Wave demonstrates the tangible value quantum computing can bring to critical industries such as agriculture and elevate innovative companies like Verge,” said Dr. Muhammad Khan, CEO and Board Chair of SuperQ Quantum. “While most quantum computing companies are content in the lab, our R&D is rooted in commercialization.”

Industry Impact and Recognition

The project has already garnered industry attention, with D-Wave’s project announcement in February 2025 being covered widely by the likes of The Quantum Insider. Dr. Khan has presented specific results from the project at FIRA World 2025, the premiere agri-robotics conference, and Qubits 2025, the flagship D-Wave conference. DIGITAL, Canada’s Global Innovation Cluster for digital technologies, is co-investing in the project through its Commercialization of Canadian Quantum Solutions program and has called it “the world’s first customer-facing, real-world product powered by quantum computing”. This comment stems from the fact that almost all other commercial applications of quantum computing have been developed for a company’s internal use, whereas here the product has been developed for Verge and is being used by Verge’s clients.