D-Wave Quantum Inc. (NYSE: QBTS) Brings Power of Quantum Computing to Manufacturing and Logistics

  • D-Wave is the first commercial supplier of quantum computing solutions, delivering value to customers through practical quantum applications
  • D-Wave has a portfolio of use cases showcasing how its quantum annealing applications can apply to the real-life problems found in a range of industries, including manufacturing and logistics
  • DENSO and SavantX have demonstrated how D-Wave’s technology has improved operational efficiencies for manufacturing and logistics through quantum-hybrid applications

As the world’s first commercial supplier of quantum computing solutions, D-Wave Quantum (NYSE: QBTS) is focused on delivering value to customers through practical quantum applications for a range problems, including those related to manufacturing and logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling. D-Wave has unlocked commercial use cases for common optimization problems faced by most industries. D-Wave’s relentless pursuit of practical quantum computing has resulted in its technology being used today by some of the world’s most advanced enterprises, including more than two dozen Forbes Global 2000 companies.

Annealing quantum computing delivers optimal solutions to combinatorial optimization problems with many variables and constraints. There is a broad array of opportunity areas for quantum computing within manufacturing – ranging from chemistry and materials science to automotive and mobility, supply chain optimization, logistics, and more. Forward-thinking manufacturing, logistics, and mobility businesses have an opportunity to advance their offerings as early adopters of quantum that can accelerate time-to-value and realize business benefits much earlier with faster and smarter decision-making, enhanced risk management, lower operational costs, and higher revenue.

DENSO Corporation, a leading supplier of advanced automotive technology, systems and components for most of the world’s automakers, completed proof-of-concept work to optimize control of Automated Guided Vehicles (“AGVs”) on its factory floors. These robotic transports move materials around the factory using automated guidance systems. Together with D-Wave’s quantum computing solutions, DENSO narrowed down and ranked the optimal number of paths AGVs could take around the factory, then focused on reducing traffic congestion across the ecosystem. The quantum-backed solution showed a 15% improvement in routing of AGVs using D-Wave technology vs. classical computers.

SavantX has demonstrated how it can optimize logistics by developing the HONE (Hyper Optimized Nodal Efficiency) Engine, which uses proprietary data science and quantum computing to represent optimized solutions for use at the second largest container terminal at the Port of Los Angeles, Pier 300. With the quantum-backed HONE engine, SavantX improved Pier 300’s cargo handling efficiency by 60%. Turnaround times for the trucks picking up cargo containers was improved by 12% (https://ibn.fm/JeGaL).

D-Wave’s use cases in manufacturing represent scenarios where optimization applications are well suited for the quantum-hybrid approach, including multi-car paint shop optimization, traffic routing and mobility, and employee scheduling. Many more applicable use cases exist across a vast problem space, such as airport personnel scheduling, electric car charging station placement optimization, port scheduling/planning, and packing and placement of goods in shipping containers. D-Wave’s manufacturing use case stories can be found at https://ibn.fm/LKZSJ.

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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