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Form 8-K · Current Report · Filed 2025-10-15

D-Wave Quantum Deploys Quantum Computer in Europe via SQT Agreement

On October 15, 2025, D-Wave Quantum Inc. announced an agreement with Swiss Quantum Technology SA (SQT) to deploy a D-Wave Advantage2 annealing quantum computer in Europe. The €10M commitment from SQT over approximately five years supports the Q-Alliance initiative, which aims to enhance Italy's digital transformation through quantum computing. This advanced 4,400+ qubit system will be accessible via D-Wave's Leap real-time quantum cloud service, offering powerful and energy-efficient quantum computing capabilities for production deployment.

Filer
D-Wave Quantum Inc. QBTS · NYSE
Filed
Accession
0001907982-25-000224
CIK
0001907982
Signal
Low impactTechnology

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure

Market reaction

Close before filing

$43.06

Next session

-6.0%

Since filing

-58.0%

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:

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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