D-Wave Systems

D-Wave Quantum Inc.

Type	Public
Traded as	NYSE: QBTS
Industry	Computer hardware
Founded	1999 (1999)
Founders	Haig Farris Geordie Rose Bob Wiens Alexandre Zagoskin Juan Nohandz
Headquarters	Palo Alto, California , United States
Key people	Alan Baratz, CEO Eric Ladizinsky, CS Steven West, Chair
Products	D-Wave One, D-Wave Two, D-Wave 2X, D-Wave 2000Q, D-Wave Advantage, Advantage2
Revenue	US$24.6 million (2025)
Net income	−US$355 million (2025)
Number of employees	220 (2024)
Subsidiaries	D-Wave Government
Website	dwavequantum.com
Footnotes

Photograph of the D-Wave 2X 1000 Qubit quantum annealing processor chip mounted and wire-bonded in its sample holder. This chip was introduced in 2015 and has 128,472 Josephson junctions.

D-Wave at the SC18 conference

D-Wave Quantum Inc. is a quantum computing company with locations in Palo Alto, California and Burnaby, British Columbia. D-Wave claims to be the world's first company to sell computers that exploit quantum effects in their operation. D-Wave's early customers include Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National Laboratory.

D-Wave does not implement a generic, universal quantum computer; instead, their computers implement specialized quantum annealing.