D-Wave Announces Successful Completion of $175 Million At-the-Market Equity Offerings
D-Wave Announces Successful Completion of $175 Million At-the-Market Equity Offerings
D-Wave Quantum Inc. (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that it has successfully completed sales of $175 million in gross proceeds of its common stock pursuant to its previously disclosed $100 million and $75 million "at-the-market" equity offering programs (the “ATM Programs”).
Quantum Industry Canada Welcomes Key Players Across the Country’s Quantum Value Chain
Quantum Industry Canada Welcomes Key Players Across the Country’s Quantum Value Chain
Quantum Industry Canada (QIC), the national industry-led consortium dedicated to advancing Canada’s quantum technology sector, announced today the addition of three organizations that strengthen crucial links in Canada’s quantum value chain. ACA TMetrix, the University of Waterloo’s Institute for Quantum Computing, and the Perimeter Institute for Theoretical Physics bring distinct capabilities that enrich Canada’s quantum landscape and expand QIC’s collaborative reach.
Quantum eMotion Advances Global Expansion With Team Canada Trade Mission to the Philippines
Quantum eMotion Advances Global Expansion With Team Canada Trade Mission to the Philippines
Quantum eMotion Corp. ("QeM") is proud to announce its participation in the Team Canada Trade Mission (TCTM) to the Philippines, hosted by the Canadian Ministry of Export Promotion, International Trade and Economic Development.
Quantum eMotion Announces Closing of Private Placement
Quantum eMotion Announces Closing of Private Placement
Quantum eMotion Corp. (“QeM” or the “Corporation”), is pleased to announce that it has closed a non-brokered private placement by issuing a total of 7,500,000 units (the “Units”) at $0.10 per Unit, for a total gross proceed of $750,000 to several strategic investors who add significant value to the Corporation’s cybersecurity initiatives.
D-Wave Names Sharon Holt to Board of Directors
D-Wave Names Sharon Holt to Board of Directors
D-Wave Quantum Inc., a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the appointment of Sharon Holt to its board of directors. The appointment comes on the heels of the October 2024 additions of John DiLullo and Rohit Ghai to the D-Wave board, as the company continues to usher in the era of commercial quantum computing.
D-Wave Reports Third Quarter 2024 Results
D-Wave Reports Third Quarter 2024 Results
D-Wave Quantum Inc., (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial results for its third fiscal quarter ended September 30, 2024.
Quantum Algorithms Institute Drives Predictive Model Accuracy With Quantum Collaboration
Quantum Algorithms Institute Drives Predictive Model Accuracy With Quantum Collaboration
Today, the Quantum Algorithms Institute (QAI) announced a partnership with Canadian companies, AbaQus and InvestDEFY Technologies, to solve common challenges in training machine learning models for financial applications using D-Wave‘s quantum annealing systems.
Ericsson and Government of Canada Enhance Canada’s Position as a Global Tech Leader With Expanded Agreement
Ericsson and Government of Canada Enhance Canada’s Position as a Global Tech Leader With Expanded Agreement
Ericsson and the Government of Canada today announced the signing of an expanded funding agreement that will see Ericsson invest more than CAD $630 million in its Canadian R&D operations, a substantial increase from last year’s announcement. This funding increase will further enhance Ericsson’s R&D capabilities at its research facilities in Ottawa and Montreal creating and upskilling hundreds of jobs and internships and strengthening these sites as global leaders in 5G Advanced, 6G, AI, Cloud RAN, quantum, and network API technologies.
Waterloo Quantum Tech Launches Into Space Aboard SpaceX Flight
Waterloo Quantum Tech Launches Into Space Aboard SpaceX Flight
A photon detector module designed, assembled and programmed at University of Waterloo’s Institute for Quantum Computing (IQC) launched into space earlier this week aboard a SpaceX flight and will soon arrive at the International Space Station. It will be used for quantum entanglement science experiments as part of the Space Entanglement and Annealing Quantum Experiment (SEAQUE) implemented by an international consortium under leadership from the University of Illinois Urbana-Champaign.
D-Wave Achieves Significant Milestone With Calibration of 4,400+ Qubit Advantage2 Processor
D-Wave Achieves Significant Milestone With Calibration of 4,400+ Qubit Advantage2 Processor
D-Wave Quantum Inc. (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it has completed the calibration and benchmarking of a 4,400+ qubit Advantage2 processor. This milestone marks a significant step forward in D-Wave’s ongoing development of its sixth-generation annealing quantum computing system. The latest Advantage2 processor shows substantial performance gains over the current AdvantageTM system in solving customers’ complex computational problems in areas such as optimization, AI, and materials science.