D-Wave Stands Ready To Support New U.S. Law Creating Pilot Program On Near-Term Quantum Computing Applications

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Government Action Will Accelerate Use of Quantum at Department of Defense and National Security

PALO ALTO, Calif. & BURNABY, British Columbia — D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, commends U.S. policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (NDAA) that was passed by Congress and signed into law by President Biden on December 22, 2023. This significant action establishes a program focused on near-term applications development to solve problems facing the Department of Defense (DOD) including the Armed Forces. This program will test, evaluate, and use quantum and quantum-hybrid applications to address problems facing our defense, military, and national security operations, such as meeting the near-term needs of warfighters, and explicitly calls out consideration to use annealing quantum computing and quantum-hybrid technologies. The new law also calls for building and strengthening relationships between the DOD, academic institutions, small businesses, and non-traditional defense contractors, an important move given the significant quantum innovation driven by small businesses like D-Wave.

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The pilot program aims to build and mature demonstrations, proof of concepts (POCs), and pilots using all viable quantum computing systems ensuring that the U.S. Defense department is using the best available technology to achieve mission objectives. D-Wave has already developed demos, POCs, and applications for other governments and businesses around the world to solve optimization challenges and has the technology that is necessary to begin working with the U.S. government today. For example, commercially available annealing quantum computing systems have been used by SavantX at the Port of Los Angeles to optimize the…