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D-Wave Quantum Inc. Company Profile

NASDAQ: QBTSTechnologyEDP ServicesUSD

14.57-0.03 (-0.21%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

D-Wave Quantum at a glance

D-Wave Quantum Inc. (NASDAQ: QBTS) is a EDP Services company in the Technology sector headquartered in Palo Alto, CA. D-Wave Quantum is led by Dr. Alan E. Baratz Ph.D. and employs about 382 people. At a market capitalization of $5.54 billion, it is considered a mid-cap company.

Its SEC Central Index Key (CIK) is 0001907982, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does D-Wave Quantum do?

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. The company has a collaboration with the University of Arkansas to establish leadership, education, and independent research focused on the application of quantum computing to supply chain management across retail, transportation, and national defense. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

Business description based on the company's public filings.

Company information

Legal name
D-Wave Quantum Inc.
Ticker
NASDAQ: QBTS
Industry
EDP Services
CEO
Dr. Alan E. Baratz Ph.D.
Employees
382
Headquarters
2650 East Bayshore Road, Palo Alto, CA, United States
Phone
604 285 2881
SEC CIK
0001907982

Companies similar to D-Wave Quantum

QBTS peer companies
CompanyPrice% ChgMarket capCompare
SAICScience Applications International Corporation134.66+4.11%$5.64Bvs QBTS
DOCSDoximity Inc. Class A30.50+3.81%$5.44Bvs QBTS
OTEXOpen Text Corporation23.70+1.96%$5.75Bvs QBTS
EPAMEPAM Systems Inc.113.24-0.54%$5.84Bvs QBTS
PEGAPegasystems Inc.35.65+0.45%$5.86Bvs QBTS
WAYWaystar Holding Corp.26.68+0.76%$5.12Bvs QBTS
DOXAmdocs Limited58.84-2.33%$6.14Bvs QBTS
PSNParsons Corporation45.08+4.79%$4.81Bvs QBTS

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