D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has announced notable progress in its development of high coherence qubits. D-Wave has designed, manufactured and operated fluxonium qubits that have demonstrated quantum properties that are comparable to the best seen to date in scientific literature, and the results are expected to have a significant impact on its future quantum technologies.

“These results show that fluxonium is a viable candidate qubit for D-Wave’s gate model quantum computing architectures. Moreover, in doing this work we have learned that fluxonium can address some of the known shortcomings of competing superconducting gate model qubits,” said Mark Johnson, SVP of quantum technologies and systems products at D-Wave. “We believe this will have a significant impact on D-Wave’s hardware development and reinforces our technical leadership by demonstrating that we can design, manufacture and operate high-coherence fluxonium qubits that are comparable to the best in the world.”

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About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s customers include Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information, visit the company’s website at www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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