D-Wave Cheers U.S. Quantum Initiative Expansion

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Quantum Leader D-Wave Supports Legislation to Expand U.S. Quantum Initiative

D-Wave Quantum, a front-runner in quantum computing, expresses approval for new Congressional legislation enhancing the National Quantum Initiative (NQI). The legislation focuses on the inclusive consideration of all quantum computing systems, emphasizing near-term application development. D-Wave CEO, Dr. Alan Baratz, advocated for NQI reauthorization and its expansion to encompass various quantum-computing technologies during discussions with Congress members. The legislation aims to broaden the NQI, supporting additional commercialization efforts, industry engagement, near-term quantum application development, and the inclusion of all quantum computing systems and quantum-hybrid technologies.

NQI Legislation: A Pivotal Milestone

D-Wave recognizes the NQI legislation as a pivotal roadmap for the U.S. quantum industry, deeming it crucial for determining how quantum technology can address challenges impacting individuals, communities, and the economy. The legislation, inclusive of quantum annealing and quantum-hybrid technologies, is seen as imperative for maintaining U.S. competitiveness in global quantum programs. Reauthorization and expansion of the NQI are viewed as essential steps for the U.S. to align with other leading nations investing heavily in quantum technology.

CEO’s Call to Action

Dr. Alan Baratz emphasizes the importance of prompt Congressional action, asserting that reauthorization and expansion of the NQI will bolster U.S. quantum programs, aligning the country with global leaders in quantum technology investment.

About D-Wave Quantum Inc.

D-Wave is a trailblazer in quantum computing, providing systems, software, and services. It is the first commercial supplier of both annealing and gate-model quantum computers. The company’s mission is to unleash the power of quantum computing for practical applications in diverse fields such as logistics, artificial intelligence, materials sciences, drug discovery, and more. D-Wave’s technology has been embraced by leading organizations worldwide.

Forward-Looking Statements

The newsbreak includes forward-looking statements about the potential impacts of NQI reauthorization and expansion. These statements are subject to risks and uncertainties, and actual results may differ materially. Factors include the successful implementation of NQI initiatives and general economic conditions. D-Wave commits to providing updates based on information available at the time.

For more information about D-Wave, visit www.dwavequantum.com.

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