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Overview
D-Wave provides practical quantum computing solutions for real-world industries, offering hardware, software, cloud services, consulting, and a developer ecosystem. Its product includes access to the Advantage2 prototype, with 1,200 qubits and 10,000 couplers, to map optimization problems like scheduling and routing to quantum-accelerated solutions. It differentiates itself through end-to-end, industry-focused applications and an active community around building and deploying quantum solutions. Its goal is to help businesses boost efficiency and innovation by applying quantum computing to complex optimization and data-driven challenges, making the technology usable and scalable for industry needs.
About D-Wave Systems
Industries
Data & Analytics
Hardware
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
IPO
Headquarters
Burnaby, Canada
Founded
1999
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Simplify's Take
What believers are saying
- Q1 2026 bookings jumped 1,994% to $33.4 million, including a $20 million system sale.
- First-half 2026 bookings reached $35.5 million, with 37.3% of QCaaS revenue from production.
- Cash and marketable securities hit $588.4 million in March 2026, funding execution through 2026.
What critics are saying
- Q2 2026 revenue stayed $3.1 million, exposing weak monetization despite $546.2 million cash.
- Adjusted EBITDA loss widened to $37.1 million in Q2 2026 as spending surged.
- Trade-secret litigation in S.D. New York can distract management and damage employer brand.
What makes D-Wave Systems unique
- D-Wave remains the only commercial dual-platform quantum vendor, per May 2026 results.
- January 2026 Quantum Circuits acquisition adds gate-model systems to annealing hardware.
- Advantage2 and dual-rail roadmap target production optimization, not abstract quantum demonstrations.
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Funding
Total Funding
$895M
Above
Industry Average
Funded Over
21 Rounds
Benefits
Unlimited Paid Time Off
Parental Leave
Flexible Work Hours
Telehealth and Telemental Health
Learning and Development Opportunities
Stock Price
Company News
Ford Otosan collaborated with D-Wave to simplify elements of its manufacturing processes, including the optimization of its production sequencing.
D-Wave Quantum Inc. has introduced a pioneering blockchain framework that integrates quantum computing capabilities with traditional blockchain technology.
This is no longer a distant dream but a burgeoning reality, as D-Wave Quantum Inc. partners with Staque, an innovative force in AI and blockchain, to unveil a cutting-edge hybrid-quantum application.
Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects
Huang sent the share prices of quantum companies down after expressing a pessimistic outlook on the sector
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About D-Wave Systems
Industries
Data & Analytics
Hardware
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
IPO
Headquarters
Burnaby, Canada
Founded
1999
There are no jobs for D-Wave Systems right now.
Find jobs on Simplify and start your career today