BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Pilot Program with VINCI Energies, QuantumBasel

July 19, 2023 13:58:48

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, announced that it is working with QuantumBasel on a quantum pilot project with VINCI Energies, an accelerator of environmental and digital transition.

According to the announcement, the collaboration will use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap(TM) quantum cloud service to provide VINCI Energies with real-time access to quantum solutions. The use case for the project is the design of a heating, ventilation and air conditioning (“HVAC”) system, which includes several steps to maximize user comfort, minimize environmental burden and reduce cost of materials.

VINCI is working with uptownBasel and D-Wave to study potential improvements in the generated HVAC network solutions. “Construction projects feature a multitude of optimization challenges that can contribute to cost overruns and delayed building completions when not adequately addressed,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release. “We believe today’s quantum-hybrid technologies can help solve these computationally complex problems to drive efficiencies and streamline building processes and look forward to working with VINCI Energies and uptownBasel to bring quantum to construction.”

To view the full press release, visit https://ibn.fm/0z1gd

About D-Wave Quantum Inc.

D-Wave is at the forefront of quantum computing systems, software and services, holding the distinction of being the world’s first commercial supplier of quantum computers. Setting itself apart, D-Wave is unique in constructing both annealing quantum computers and gate-model quantum computers. The company’s primary objective is to harness the potential of quantum computing in the present to bring about advantages for both businesses and society. This is achieved by providing practical quantum applications that deliver value to customers, addressing a wide range of problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s cutting-edge technology has been adopted by renowned organizations globally, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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