•Uptick in end users, independent software vendors, system integrators and resellers implementing company’s quantum optimization technology to address complex challenges

•New hybrid quantum solver capabilities and additional use cases aim to drive usage of company’s quantum optimization offering

PALO ALTO, Calif. – March 31, 2025 – D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced several initiatives designed to increase adoption and deployment of its commercial quantum optimization offering. At the Company’s Qubits 2025 user conference, D-Wave introduced updates to its hybrid quantum solvers and expanded use cases, reflecting increased demand for quantum optimization solutions from end users, independent software vendors (ISVs), system integrators (SIs), and resellers.

“Organizations are increasingly experiencing shortcomings with legacy computing solutions in addressing today’s complex optimization problems,” said Dr. Alan Baratz, CEO of D-Wave. “This is driving the creation of a new market category—quantum optimization, which leverages the power of quantum computing to address these real-world problems. We’re excited to showcase technical advances and customer success stories at Qubits 2025 that reinforce how we are helping organizations realize the value of quantum today.”

D-Wave announced today that its hybrid quantum nonlinear (NL) solver now supports continuous variables with linear interactions. This added capability expands the range of real-world problems that the NL solver can address, including support for new use cases such as budget allocation and resource distribution, where decisions impact each other dynamically. Models that previously could only be addressed with the constrained quadratic model (CQM) solver can now also be submitted to the NL solver, marking a major step forward in its ease of use and applicability.

Based on growing customer demand, D-Wave is expanding its list of quantum optimization use cases, building on previously announced applications including workforce scheduling, production scheduling and logistics routing. By leveraging advanced quantum algorithms, D-Wave is helping customers maximize efficiency, reduce costs, and drive better outcomes in key operational areas. The new use cases include:

•Offer allocation: Companies with rebate programs, incentive plans, and other promotional offers can leverage D-Wave’s annealing quantum computing solutions to strategically distribute offers, balancing budget constraints with historical data insights to achieve higher acceptance rates and a better return on investment.

•Portfolio optimization: Financial institutions can use D-Wave’s quantum optimization technology to refine investment strategies, reduce transaction costs, and maximize returns—all while accounting for constraints like regulatory compliance and risk tolerance.

•Maintenance repair operations (MRO) optimization: D-Wave is exploring the benefits of quantum optimization in MRO logistics, helping businesses minimize the time and cost associated with critical maintenance and repair processes spanning a variety of industries and applications in manufacturing, supply chain and more.

“Improving the process of dynamically optimizing portfolios with changing macroeconomic conditions is a critical yet highly complex challenge,” said Escolástico Sánchez Martínez, head of quantum at BBVA. “We’re exploring the combination of quantum optimization and machine learning to address this, with the goal of identifying more robust portfolios for our clients that balance risk and ultimately increase their returns on investments. This proof-of-concept is being developed with the full support and commitment of BBVA’s CIB Global Markets and BBVA Asset Management’s Asset Allocation and Investment Strategies teams.”

Adoption of D-Wave’s quantum optimization technology continues to grow across end-users, ISVs, SIs and resellers. At Qubits 2025, many organizations will share how they are using D-Wave quantum optimization technology to address computationally complex problems including Davidson Technologies, NTT DOCOMO Inc., Pusan National University, QuantumBasel, SAS, Staque and University of Southern California.

At Qubits 2025, NTT DOCOMO Inc., Japan’s largest mobile phone operator with over 90 million subscriptions, plans to discuss its deployment of a D-Wave hybrid-quantum solution in production to optimize mobile network performance. Using D-Wave’s annealing quantum computing solutions, NTT DOCOMO Inc. found that it can reduce congestion at base stations by decreasing paging signals during peak calling times by 15%, potentially leading to increased efficiencies and lowered infrastructure costs.

“We’ve seen firsthand the benefits that quantum optimization can bring to operational performance,” said Takatoshi Okagawa, director of research and development strategy at NTT DOCOMO. “Together with D-Wave’s hybrid quantum technology, NTT DOCOMO is identifying new ways to enhance network efficiency, which is critical for customer satisfaction and for maintaining high-quality service without additional infrastructure investments.”

By partnering with D-Wave, organizations can position themselves at the forefront of quantum innovation. For example, D-Wave and Ford Otosan, a joint venture between Ford Motor Company and Koç Holding in Turkey, today announced that the vehicle manufacturer has deployed a hybrid-quantum application in production, streamlining manufacturing processes for its Ford Transit line of vehicles. The application, which uses D-Wave’s annealing quantum computing technology, has improved vehicle production sequencing at Ford Otosan, a powerful demonstration of quantum computing’s real-world impact in automotive manufacturing.

To learn more about D-Wave’s quantum optimization offering, visit: https://www.dwavequantum.com/optimization

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our 5,000+ qubit Advantage™ quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our Advantage systems and Advantage2TM prototypes to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

Alex Daigle

media@dwavesys.com