D-Wave Quantum Inc. (QBTS) stock surged 5.32% in pre-market trading on Friday, as investors grew increasingly optimistic about the company's prospects in the emerging quantum computing industry.

The rally followed a bullish report highlighting D-Wave's leadership in quantum annealing technology and its established commercial offerings for optimization problems. The article noted that D-Wave has built significant competitive advantages through an extensive patent portfolio, strategic partnerships, and a hybrid revenue model combining hardware sales and cloud-based services.

While D-Wave expands into gate-based quantum computing development, its quantum annealing systems have already found practical applications in areas like supply chain management and logistics. The company's early market entry and proven technology were seen as major strengths compared to rivals like Rigetti Computing, which is at an earlier stage of commercialization.