D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) and the Jülich Supercomputing Centre (“JSC”) at Forschungszentrum Jülich (“FZJ”) have announced that FZJ has purchased a D-Wave quantum computer, becoming the first high-performance computing (HPC) center in the world to own a D-Wave Advantage^TM annealing quantum computing system.

With the purchase of the world’s largest quantum computer and Europe’s first quantum computer with more than 5,000 qubits and 15-way connectivity, the Jülich UNified Infrastructure for Quantum computing (JUNIQ), a public quantum computing user facility deployed by JSC, gains complete access to all aspects of the system. This will allow it to integrate the D-Wave system with Julich’s JUPITER exascale supercomputer in the future, potentially enabling breakthroughs in areas such as artificial intelligence (AI) and quantum optimization. JSC’s system will be upgraded to D-Wave’s next-generation Advantage2 processor once available. The Advantage2 system is expected to deliver significant performance gains with doubled coherence, increased connectivity and a 40 percent boost to the energy scale for advanced problem solving.

To view the full press release, visit https://ibn.fm/hZSlu

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our 5,000+ qubit Advantagequantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our Advantage and Advantage2^TM systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

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

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

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