D-Wave Quantum
D-Wave Quantum (QBTS) is a publicly traded Quantum Annealing company founded in 1999 and based in Palo Alto, United States.
D-Wave commercializes quantum annealing systems optimized for combinatorial optimization problems. D-Wave's Advantage system has over 5,000 qubits and customers include Volkswagen, Lockheed Martin, and Los Alamos National Lab. The company went public via SPAC in 2022 and acquired Quantum Circuits Inc. (Yale spin-out, gate-model) for $550M in January 2026.
The first company to sell a commercial quantum computer and the longest-operating pure-play, with over 25 years in the market.
dwavequantum.com ↗·Quantum Annealing·
United States·public · QBTS 
