D-Wave Quantum Inc. (NYSE: QBTS) Targets Processor Development Scalability with Advanced Cryogenic Packaging Initiative

  • D-Wave launches initiative to develop advanced cryogenic packaging for both gate-model and annealing quantum processors.
  • The program will expand multichip packaging capabilities, manufacturing equipment, and processes.
  • Initiative leverages expertise from NASAโ€™s Jet Propulsion Laboratory (โ€œJPLโ€) for superconducting bump-bond technology.
  • The goal is to increase interconnectivity and scalability for architectures reaching 100,000 qubits.

D-Wave Quantum Inc. (NYSE: QBTS)ย (โ€œD-Waveโ€), a leader in quantum computing systems, software, and services, has announced a strategic development program to expand its capabilities in cryogenic packaging, designed to advance and scale both gate-model and annealing quantum processors. The initiative underscores the companyโ€™s focus on hardware innovation to support its long-term technology roadmap (https://ibn.fm/WU30l).

Cryogenic packaging โ€“ the housing and interconnection of quantum processor components in extremely low-temperature environments โ€“ plays a central role in performance and scalability. In quantum computing, packaging must not only handle ultra-low temperatures but also be compatible withโ€ฆ

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NOTE TO INVESTORS:ย The latest news and updates relating to QBTS are available in the companyโ€™s newsroom atย 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 managementโ€™s control, including the risks set forth under the heading โ€œRisk Factorsโ€ discussed under the caption โ€œItem 1A. Risk Factorsโ€ in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption โ€œItem 1A. Risk Factorsโ€ 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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