D-Wave Quantum Inc. (NYSE: QBTS) Launches Telco-Focused Demo to Help Address Complex Computational Problems for Wireless Channel Decoding

  • D-Wave’s new open-source demonstration highlights how its Advantage(TM) quantum computing system can be used to tackle challenges in wireless channel decoding, a growing worldwide problem given the dramatic global growth in wireless connections
  • Demonstration shows quantum computing’s ability to tackle challenges of this magnitude relative to classical computation
  • Quantum and quantum-hybrid technologies offer value in helping network providers solve a variety of telco-related optimization problems

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, recently announced the launch of a new open-source demonstration that highlights how its Advantage(TM) annealing quantum computing system can be used to tackle wireless channel decoding problems. The demo, available through the company’s Leap(TM) real-time quantum cloud service, identifies solutions for increasing transmission capacity for wireless and cellular networks using coordinated multipoint decoding.

As the number of mobile connections worldwide approaches 12 billion, the wireless industry requires new solutions to ensure high-quality service levels while reducing operational costs and power requirements. This newly launched demonstration shows how D-Wave’s annealing quantum processing unit (“QPU”) can improve transmission performance and reduce transmission errors, particularly in dense urban areas characterized by high noise and load. D-Wave’s demo runs in a Jupyter notebook, accessible on GitHub (https://ibn.fm/SIrGM) and the Leap quantum cloud service (https://ibn.fm/JgISJ).

Trevor Lanting, vice president of software, algorithms, and cloud services at D-Wave, said a wide variety of companies spanning a diverse set of industries recognize the value D-Wave’s technology can bring to driving operational excellence (https://ibn.fm/RKqQY). “In the world of wireless telecommunications, the high degree of complexity and large number of variables means a massive amount of computational power is required to solve challenging problems like increasing transmission capacity,” Lanting explained. “Our demonstration shows how well our annealing quantum computing system can tackle challenges of this magnitude relative to classical computation, which could be transformative to network service providers.”

The demonstration is the latest example of the company’s practical applicability of its quantum and quantum-classical hybrid solutions for the telecommunications industry. D-Wave recently announced work with LG U+, the Korea Advanced Institute of Science and Technology (“KAIST”), and Qunova Computing to propel the development of 6G low-earth-orbit satellite networks through connectivity of ground-to-satellite links (“SGLs”) and inter-satellite-links (“ISLs”). Other telecom-related applications that can benefit from the company’s quantum technologies include: employee scheduling for workforce resource management, network design and expansion planning, call center routing, scheduling and routing service vehicles, and more.

D-Wave’s customers interface with the company’s Advantage quantum computer through its Leap cloud service, which delivers real-time cloud-based access with enterprise-class performance and scalability. Using Leap, customers have developed quantum hybrid applications for use cases in manufacturing, logistics, financial services, life sciences, materials science, retail, and transportation, eliminating the need to wait hours, days, or even weeks to get viable answers to various problems. Its customer success stories demonstrate the company’s real-world value at a business scale (https://ibn.fm/8QmwS).

The company’s relentless pursuit of practical quantum computing has resulted in its technology being used by some of the world’s most advanced enterprises, including numerous Forbes Global 2000 companies. Commercial customers include blue-chip industry leaders like Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, Accenture, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin. D-Wave owns one of the largest quantum computer intellectual property portfolios in the industry, including more than 210 issued U.S. patents and more than 100 peer-reviewed papers in leading scientific journals.

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

Forward Looking Statements:

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. Forward-looking statements in this press release include, but are not limited to, statements regarding the potential of D-Wave’s technology to improve transmission performance and reduce transmission errors and to out-perform classical computational methods with respect to challenges facing the telecom industry. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including whether the demonstration is successfully translated into production use-cases; general economic conditions and other risks; the company’s ability to expand its customer base and the customer adoption of the company’s solutions; risks within D-Wave’s industry, including anticipated trends, growth rates, and challenges for companies engaged in the business of quantum computing and the markets in which they operate; the outcome of any legal proceedings that may be instituted against the company; risks related to the performance of the company’s business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and/or timing thereof; the performance of the company’s products; the effects of competition on the company’s business; the risk that the company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the company may never achieve or sustain profitability; the risk that the company is unable to secure or protect its intellectual property; volatility in the price of the company’s securities; the risk that the company’s securities will not maintain the listing on the NYSE; and the numerous other factors set forth in D-Wave’s Annual Report on Form 10-K for its fiscal year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. D-Wave undertakes no duty to update this information unless required by law.

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