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D-Wave Joins Southeastern Quantum Collaborative

D-Wave Quantum Inc. (NYSE: QBTS) has announced its membership in the Southeastern Quantum Collaborative (SQC) as an inaugural member, joining the University of Alabama in Huntsville, Davidson Technologies, IBM, and Alabama A&M University. The SQC aims to accelerate the advancement and application of quantum information science and technology across the southeast, as well as develop the quantum-ready workforce needed to commercialize the technology.

D-Wave is well positioned to support the SQC's quantum workforce development efforts, as Davidson hosts a D-Wave Advantage2TM system at its headquarters in Huntsville, Alabama. Jack Sears, Vice President of Government Business Solutions at D-Wave, expressed excitement about joining the SQC and supporting the next wave of innovation in the region, particularly in the field of quantum computing.

Dr. Rainer Steinwandt, Dean of the College of Science at the University of Alabama in Huntsville, highlighted the SQC's goal of transforming the southeastern United States into a global quantum computing leader, emphasizing the critical role of quantum leaders like D-Wave in developing the next generation of talent.

James Lackey, Senior Vice President of the Software Solutions Division at Davidson, emphasized the real-world power of D-Wave's Advantage2 annealing system in enhancing mission planning, optimizing complex operations, and strengthening national security.

Through expert talks, roundtables, and networking, the SQC will provide an opportunity for collaboration across the quantum ecosystem to connect government, tech companies, and academia.

D-Wave is recognized as the world's first commercial supplier of quantum computers, offering dual-platform quantum computing products and services spanning both annealing and gate-model quantum computing technologies. The company's mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government, and research sectors trust D-Wave to address complex computational challenges using quantum computing.

This move represents D-Wave's commitment to shaping the quantum-driven industrial and societal advancements of tomorrow. Following these announcements, the company's shares moved 0.38%, and are now trading at a price of $28.83. For more information, read the company's full 8-K submission here.

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