D-Wave Quantum Inc. (NYSE: QBTS) has announced a strategic development initiative centered around advanced cryogenic packaging, aimed at accelerating both gate model and annealing quantum processor development. The company plans to expand its multichip packaging capabilities, equipment, and processes to bolster its manufacturing efforts with state-of-the-art technology.
As part of this initiative, D-Wave is leveraging expertise and processes at the NASA Jet Propulsion Laboratory (JPL) to demonstrate end-to-end superconducting interconnect between chips, which is expected to serve as a crucial foundation for scaling both D-Wave’s annealing architectures and its fluxonium-based gate-model architectures. The company also aims to increase circuit densities in its superconducting printed-circuit-board (PCB) manufacturing to support scaling to larger processors and analog-digital quantum computing technology.
Dr. Trevor Lanting, Chief Development Officer at D-Wave, emphasized the importance of high-performance packaging for scaling both annealing and gate-model quantum computers. The strategic initiative is expected to extend the company's leadership position in quantum systems technology development and support its aggressive product roadmap on the path to 100,000 qubits.
D-Wave's differentiated solution for packaging quantum processors encompasses cryogenic compatible mechanical and electromagnetic design, achieving lower qubit temperatures than most in the industry and supporting coherence times meeting the requirements for error-corrected gate-model quantum computing technology.
D-Wave is known as the world’s first commercial supplier of quantum computers, building both annealing and gate-model quantum computers. Its quantum computers, featuring QPUs with sub-second response times, can be deployed on-premises or accessed through its quantum cloud service, which offers 99.9% availability and uptime. Over 100 organizations trust D-Wave with their computational challenges, with more than 200 million problems submitted to its quantum systems to date.
As D-Wave continues to shape the quantum-driven industrial and societal advancements of tomorrow, this strategic development initiative marks a significant step in advancing quantum computing technology and capabilities. The market has reacted to these announcements by moving the company's shares -3.71% to a price of $17.67. Check out the company's full 8-K submission here.
