Shares of D-Wave Quantum Inc. (QBTS) surged 5.63% in the intraday trading session on Thursday, following two major announcements that were welcomed by investors.
Firstly, D-Wave announced an on-premises systems offering that enables research centers, academic institutions, and governments to purchase the company's Advantage quantum computing systems. This new offering allows customers to install and operate D-Wave's cutting-edge quantum computers on-site, providing them with greater control and integration capabilities. The move is expected to drive adoption of D-Wave's technology and open up a new revenue stream for the company.
Additionally, D-Wave revealed that the Jülich Supercomputing Centre (FZJ) in Germany has become the first high-performance computing center in the world to purchase a D-Wave Advantage quantum system. This milestone sale marks a significant step forward in the adoption of quantum computing technology and solidifies D-Wave's position as a leader in the field. The partnership between D-Wave and FZJ is expected to enable breakthroughs in areas such as artificial intelligence and quantum optimization.
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