D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is prepared to support the US government, as new legislation before Congress embraces all quantum technologies and pushes for near-term usage. The company announced today that recent legislation is calling for the U.S. government to develop and adopt near-term quantum computing applications with the potential to provide solutions to complex public sector optimization problems. These include electrical grid resilience, optimization of ports, global supply chain issues, emergency management and response, infrastructure, and telecommunication networks.
“The country is at a unique inflection point for U.S. quantum policy,” said Dr. Alan Baratz, CEO of D-Wave. “To date, the U.S. National Quantum Strategy has not prioritized application development, but legislation before Congress has shifted that mindset. D-Wave stands ready to collaborate with the U.S. government to build near-term quantum applications to help meet current and future public sector needs.”
To view the full press release, visit https://ibn.fm/krv4N
About D-Wave Quantum Inc.
D-Wave 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. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does 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 Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.
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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