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D-Wave Quantum Inc. (QBTS) publicly launched its Advantage2 annealing system in Q2 2025, enhancing its capabilities for optimization, materials simulation, and AI workloads. The new system features double the coherence time, a 40% higher energy scale, and 20 qubits connectivity, significantly improving problem-solving robustness.
The company announced a $400 million equity offering completed in July 2025 to fund its commercialization efforts, boosting cash reserves for R&D and go-to-market initiatives. This financial strategy enables extensive investments in sales, professional services, and infrastructure.
D-Wave has secured new contracts with major firms including E.ON, GE Vernova, Nikon, and NTT, and showcased a proof-of-concept for optimizing police patrol deployment that improved response times significantly using just 10 seconds of solve time.
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