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Form 8-K · Current Report · Filed 2024-03-18

D-Wave Quantum Appoints New Chief Revenue Officer and Promotes Chief Development Officer

On March 18, 2024, D-Wave Quantum Inc. announced the appointment of Lorenzo Martinelli as the Company's first Chief Revenue Officer and the promotion of Dr. Trevor Lanting to Chief Development Officer. This strategic move aims to bolster the company's go-to-market efforts and innovation roadmap as quantum computing's impact grows. Martinelli, a B2B technology growth veteran, will spearhead the company's commercial expansion into key vertical markets. Dr. Lanting, with over 15 years of experience in technology development at D-Wave, will lead the product innovation roadmap, spanning D-Wave's full stack of quantum computing hardware and software solutions.

Filer
D-Wave Quantum Inc. QBTS · NYSE
Filed
Accession
0001907982-24-000042
CIK
0001907982
Signal
Low impactTechnology

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure Press Release Furnished

Market reaction

Close before filing

$2.08

Next session

+4.3%

Since filing

+769.2%

Latest close

$18.08

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from QBTS reporting the same item, with the next session's move:

Exhibits (2)

About D-Wave Quantum Inc.

D-Wave Quantum Inc. is a leading developer and provider of quantum computing systems, software, and services with a unique focus on addressing real-world complex computational challenges. As a pioneer in the commercial quantum computing space, the company is dedicated to advancing both hardware and software solutions to fuel new possibilities in data processing and optimization. D-Wave’s quantum systems are utilized across various industries, including manufacturing, logistics, pharmaceuticals, and financial services, fostering advancements in machine learning, modeling, and optimization problems. Notably, the company’s platform integrates with conventional computing systems, providing hybrid quantum solutions that enhance processing efficiency. D-Wave Quantum Inc.’s contributions are pivotal in steering the technological curve towards quantum advantage, allowing businesses and researchers to explore new horizons in computational capabilities. By offering quantum cloud services, the company lowers the barrier for organizations to access and benefit from cutting-edge quantum technology. Headquartered in Burnaby, Canada, D-Wave continues to be a significant player in the tech industry, aggressively pushing the boundaries of quantum computing and establishing itself as a key influencer in the evolution of computing paradigms.

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