#RQ0(A3DSV9)
D-Wave Quantum Inc
5,91 €
08:00:02-0,24 €
-3,94 %Hoch: 6,60 €
Tief: 5,54 €
- Symbol:
- RQ0
- WKN:
- A3DSV9
- ISIN:
- US26740W1099
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D-Wave Announces Fiscal Year 2024 Bookings Will Exceed $23 Million, Up Approximately 120% Over Fiscal Year 2023
PALO ALTO, Calif.--(BUSINESS WIRE)-- 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, announced today that fiscal year 2024 bookings will exceed $23 million, an increase of approximately 120% over fiscal year 2023 bookings. Contributing to the growth in bookings, the company also announced the first-ever customer purchase of a D-Wave Advantage™ annealing quantum computing system reflecting a significant expansion to the company’s revenue model as it broadens its overall go-to-market offering to include on-premise system sales.
The first customer purchase of a D-Wave Advantage system, the world’s largest quantum computer with more than 5,000 qubits and 15-way connectivity, exemplifies growing adoption of D-Wave’s annealing quantum technology. By purchasing an on-premise system, customers have complete access to all aspects of the Advantage quantum computer, including the ability to modify system parameters and integrate the system in ways previously unavailable to them. The purchase comes amid growing demand for on-premise D-Wave quantum systems from research centers, academic institutions, HPC centers, and leading-edge businesses looking to accelerate competitive differentiation, bolster national security, and explore how quantum computing can address challenges resulting from AI's escalating power consumption. D-Wave’s on-premise infrastructure offering is complementary to its Leap™ quantum cloud service, which we believe will continue to be the approach of choice for many application-focused customers.
In addition to the system sale, the company today disclosed that fiscal 2024 Q4 bookings will be at least $18 million, an increase of approximately 500% over prior year fiscal 2023 Q4 bookings of $3 million. The company ended fiscal year 2024 with a record cash position of approximately $178 million in cash.
“We believe it is evident that the world is quickly recognizing the near-term usefulness and value of D-Wave’s quantum systems,” said Dr. Alan Baratz, CEO of D-Wave. “With remarkable growth in bookings, our first Advantage system sale and an increasing number of customer applications moving into production, in our view, D-Wave is clearly driving the commercialization of quantum computing. While others remain in the research and development mode, we are delivering incredibly powerful technology and products to customers today, helping them tackle their tough computational problems faster, better and with less energy.”
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