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Type of Company:
Type:
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Company
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Ownership: |
Privately Held (Funded) |
Company Size: |
120 Employees In BC (135 Total)
120 In BC (135 Total)
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Year Founded: |
1999 |
Sector: |
Other Tech Sectors
Other Tech Sectors
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Region: |
Lower Mainland / South Coast
Lower Mainland
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Key Links: |
Company Blog
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Tags: |
D-Wave Systems Inc., quantum computation, quantum computers, superconducting quantum processors, qubit processor
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Profile Views: |
26,282 Company Profile Views |
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D-Wave Systems Inc. was founded in 1999 to explore the commercial potential of quantum computation.
Focused on solving problems poorly served by traditional computational methods, D-Wave brought together leading experts from academia and industry to design and build commercially useful quantum computers. As the recognized leader in the fabrication and integration of superconducting quantum processors, D-Wave is uniquely positioned to usher in a new era of ultra-performance processing solutions. In 2010, D-Wave completed the world's first commercial sale of a quantum computer to Lockheed Martin Corporation.
In 2013, D-Wave has completed its development of D-Wave Two, a 512-qubit processor, of which early tests indicate performance beyond the capability of classical computing systems for a given set of hard benchmark problems. In 2013 a D-Wave Two was installed as part of a scheduled upgrade of the Lockheed Martin system and is currently being installed at the new Quantum Artificial Intelligence Lab, a collaboration among NASA, Google and the Universities Space Research Association (USRA).
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Date |
Type |
Amount |
Investors |
Mar 11, 2021 |
Grant |
$40 Million CAD |
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Feb 8, 2022 |
IPO |
$340 Million USD |
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Date |
Type |
Amount |
Investors |
Mar 11, 2021 |
Grant |
$40M CAD |
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Feb 8, 2022 |
IPO |
$340M USD |
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Apr 4, 2022
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CaixaBank Group, D-Wave Collaborate on Innovative New Quantum Applications for Finance Industry
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Mar 29, 2022
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DPCM Capital's $430M SPAC Deal and Proposed Combination with Quantum Computing Leader D-Wave Systems Inches Forward
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Feb 9, 2022
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Quantum Computing Company D-Wave Systems to Go Public on NYSE and Raise Up to $430 Million in Major SPAC Deal
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Jan 18, 2022
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D-Wave and Forschungszentrum Jülich Launch First In-Region Commercial Quantum Computer for European Access
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Dec 24, 2021
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Quantum Rising: New D-Wave Systems Study Reveals 69% of Companies Surveyed Already Have an In-House Quantum Computing Program
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Dec 10, 2021
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Industry Giant NEC Corporation Becomes First Global Reseller of D-Wave's Leap Quantum Cloud Service
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Oct 6, 2021
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Burnaby-based Quantum Computing Company D-Wave Systems Details Product Expansion & Cross Platform Roadmap
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Sep 7, 2021
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D-Wave Appoints 30 Year Finance Executive John Markovich As Chief Financial Officer, Positioning Company For Next Phase of Growth
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Jul 30, 2021
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Emergent Magnetic Monopoles Isolated Using D-Wave Systems Quantum-Annealing Computer
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Mar 12, 2021
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D-Wave Receives $40 Million From Canadian Government to Develop Quantum Computer Hardware and Software Systems
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