D-Wave

Organization

A commercial quantum computing company backed by figures like Shervin Pishevar and Emil Michael.


First Mentioned

3/8/2026, 11:39:07 PM

Last Updated

3/8/2026, 11:46:55 PM

Research Retrieved

3/8/2026, 11:46:55 PM

Summary

D-Wave Quantum Inc. is a pioneering quantum computing company headquartered in Palo Alto, California, and Burnaby, British Columbia. Founded in 1999, it is recognized as the world's first commercial supplier of quantum computers, initially specializing in quantum annealing technology before expanding into gate-model systems. The company serves a diverse range of high-profile clients, including Lockheed Martin, Google/NASA, and Los Alamos National Laboratory. D-Wave's technology is considered a critical component of the frontier technology landscape, with investors like Shervin Pishevar and Emil Michael viewing it as a catalyst for advancements in Artificial General Intelligence (AGI). In early 2026, the company announced a significant $550 million acquisition of Quantum Circuits Inc. to accelerate its development of error-corrected gate-model quantum computers.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Founded

    1999

  • Key Product

    Advantage quantum computers (5,000+ qubits)

  • Headquarters

    Palo Alto, California, USA and Burnaby, British Columbia, Canada

  • Stock Symbol

    NYSE: QBTS

  • Cloud Service

    Leap quantum cloud service

  • Employee Count

    200+

  • Primary Technology

    Quantum Annealing and Gate-model Quantum Computing

Timeline
  • D-Wave is founded. (Source: Web Search: About D-Wave)

    1999-01-01

  • D-Wave demonstrates the Orion Quantum Computer, a 16-qubit quantum annealing processor, at the Computer History Museum. (Source: Web Search: Wikipedia)

    2007-02-13

  • D-Wave demonstrates a 28-qubit quantum annealing processor fabricated at the NASA Jet Propulsion Laboratory. (Source: Web Search: Wikipedia)

    2007-11-12

  • D-Wave announces the D-Wave One, the world's first commercially available quantum computer system. (Source: Web Search: Wikipedia)

    2011-05-11

  • D-Wave announces an agreement to acquire Quantum Circuits Inc. for $550 million to accelerate gate-model quantum computing development. (Source: Web Search: The Quantum Insider)

    2026-01-07

D-Wave Systems

D-Wave Quantum Inc. is a quantum computing company with locations in Palo Alto, California and Burnaby, British Columbia. D-Wave claims to be the world's first company to sell computers that exploit quantum effects in their operation. D-Wave's early customers include Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National Laboratory. D-Wave does not implement a generic, universal quantum computer; instead, their computers implement specialized quantum annealing.

Web Search Results
  • D-Wave - LinkedIn

    D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our 5,000+ qubit Advantage quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our Advantage systems and Advantage2 system prototypes to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. [...] optimization, artificial intelligence, research and more. D-Wave is headquartered in Palo Alto, CA. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com. [...] and nonlinear optimization problems, improve solution quality and scalability, and accelerate time to value, all through D-Wave’s Leap™ quantum cloud service. Register here: [Likes: 66, Comments: 2]; D-Wave (1w): In his keynote at Qubits 2026 last week, Dr. Alan Baratz outlined how D-Wave’s dual-platform strategy is expanding what quantum computing can deliver today and what comes next. D-Wave is the only quantum computing company building and delivering a unique dual-platform approach with both annealing and gate-model quantum computing systems to address the full range of customers’ complex computational problems. That momentum is already showing up in adoption. Usage of D-Wave Advantage2™ annealing quantum computers increased 314% over the past year, reflecting an increased demand for

  • D-Wave Systems

    On May 11, 2011, D-Wave announced D-Wave One, described as "the world's first commercially available quantum computer", operating on a 128-qubit chipset using quantum annealing (a general method for finding the global minimum of a function by a process using quantum fluctuations) to solve optimization problems. The D-Wave One was built on early prototypes such as D-Wave's Orion Quantum Computer. The prototype was a 16-qubit quantum annealing processor, demonstrated on February 13, 2007, at the Computer History Museum in Mountain View, California. D-Wave demonstrated what they claimed to be a 28-qubit quantum annealing processor on November 12, 2007. The chip was fabricated at the NASA Jet Propulsion Laboratory Microdevices Lab in Pasadena, California. [...] ### D-Wave One [edit] On May 11, 2011, D-Wave announced the D-Wave One, an integrated quantum computer system running on a 128-qubit processor. The processor used in the D-Wave One, performs a single mathematical operation, discrete optimization. Rainier uses quantum annealing to solve optimization problems. The D-Wave One was claimed to be the world's first commercially available quantum computer system. Its price was quoted at approximately US$10,000,000. A research team led by Matthias Troyer and Daniel Lidar found that, while there is evidence of quantum annealing in D-Wave One, they saw no speed increase compared to classical computers. They implemented an optimized classical algorithm to solve the same particular problem as the D-Wave One. [...] The processors at the heart of D-Wave's "Orion quantum computing system" are designed for use as hardware accelerator processors rather than general-purpose computer microprocessors. The system is designed to solve a particular NP-complete problem related to the two-dimensional Ising model in a magnetic field. D-Wave terms the device as a 16-qubit superconducting adiabatic "Adiabatic process (quantum mechanics)") quantum computer processor. According to the company, a conventional front-end running an application that requires the solution of an NP-complete problem, such as pattern matching, passes the problem to the Orion system.

  • D-Wave Company Overview - YouTube

    # D-Wave Company Overview ## D-Wave 37800 subscribers 126 likes ### Description 28388 views Posted: 8 Feb 2022 From its inception, D-Wave has focused on delivering products and services that provide the fastest path to practical, real-world applications with customer value. D-Wave is the only company in the world that is building both annealing and gate-model quantum computers, unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow. Learn more about D-Wave at [...] problems what we've learned from our customers is that the applications for Quantum Computing are extraordinary from evolutionary advances like improved employee scheduling more efficient manufacturing or Global Supply Chain optimization to Solutions previously unimagined in drug Discovery weather modeling Financial Market creation and new materials we're platform agnostic with the philosophy that our products must must be built around the fastest track to customer value d-wave is the only company in the world that's focused on both annealing Quantum Computing systems and gate model Quantum Computing systems by offering both annealing and gate model quantum computers we expect to impact the life cycles of Industry the computational value of quantum Computing underpins the promise of even [...] [Music] Quantum Computing is not the domain of the future 39% of surveyed Enterprises are already experimenting with Quantum Computing today we can solve real problems using the d-wave quantum computer and its hybrid Solutions now we can get real results on real scale today 69% of companies already have an in-house Quantum Computing program our collaboration with DW this is possibly one of the first use case where we could reach Quantum Advantage for fraud detection 81% of companies have a use case in mind for the next 3 years at our core we've always been problem solvers we build practical applicable solutions that our customers can leverage today 25 Global 2000 companies use d-wave Tech technology to help solve their most complex problems what we've learned from our customers is that

  • D-Wave Announces Agreement to Acquire Quantum Circuits Inc.

    PRESS RELEASE — D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, and Quantum Circuits Inc. (“Quantum Circuits”), a leading developer of error-corrected superconducting gate-model quantum computing systems, today announced that the companies have entered into a merger agreement under which D-Wave will acquire Quantum Circuits for a purchase price of $550 million, consisting of $300 million in D-Wave common stock and $250 million in cash. By combining the world’s leading annealing quantum computing company with the world’s leading developer of error-corrected gate-model technology, D-Wave will dramatically accelerate the projected time to a scaled, [...] dramatically accelerate the projected time to a scaled, error-corrected gate-model quantum computer alongside and complementary to its commercial annealing quantum systems. [...] expand the exciting use cases addressable by commercial quantum computing. The first deliverable in the accelerated roadmap will be an initial dual-rail system, planned to be generally available in 2026.

  • About D-Wave

    ABOUT D-WAVE # Quantum Realized. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave’s mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. OUR MISSION [...] Our broad portfolio of customers—including Pattison Food Group, Ford Otosan, BASF, Shionogi, and Jülich Supercomputing Centre—have built hundreds of quantum applications in diverse areas such as workforce scheduling, logistics routing, manufacturing processes, drug discovery, materials simulation, research, portfolio optimization, and much more. See Application Examples ## 25+ ### Years Founded in 1999, D-Wave is the leader in the development and delivery of quantum computing systems, software, and services and is the world’s first commercial supplier of quantum computers. ## 200+ ### Employees

Location Data

Wave, Lantaarndijk, Binnenstad, Hoorn, Noord-Holland, Nederland, 1621 DE, Nederland

artwork

Coordinates: 52.6331966, 5.0607600

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