D-Wave Quantum Inc. QBTS revealed that it is enabling research centers, academic institutions, and governments to purchase on-premises D-Wave Advantage quantum computing systems.
This move aims to empower organizations to push the boundaries of quantum experimentation and development, with applications focussing quantum simulation.
D-Wave’s Advantage system, with over 5,000 qubits and 15-way connectivity, is already available for on-premises installation.
The flexibility to integrate with classical and high-performance computing systems allows organizations to fine-tune parameters and take advantage of new innovations as they emerge.
According to the company’s statement, D-Wave vice president of infrastructure Irwan Owen is leading the systems’ go-to-market effort.
According to Benzinga Pro, QBTS stock has gained over 319% in the past year. Investors can gain exposure to the stock via Defiance Quantum ETF QTUM.
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In a separate press release, D-Wave Quantum, and the Jülich Supercomputing Centre at Forschungszentrum Jülich, or FZJ announced that FZJ has purchased a D-Wave quantum computer.
This makes FZJ the first high-performance computing center in the world to own a D-Wave Advantage annealing quantum system.
Additionally, D-Wave has launched the “Quantum Uplift” program to address dissatisfaction with competitor systems, offering incentives to organizations seeking a reliable and performant quantum solution.
Price Action: QBTS shares are trading higher by 1.99% to $6.160 premarket at last check Thursday.
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