TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS), NTT DOCOMO Report on Quantum Optimization Pilot Program Resulting in 15% Improved Mobile Network Performance

August 21, 2024 07:35:00

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, has partnered with NTT DOCOMO Inc., Japan’s largest mobile phone operator, to work on a quantum optimization pilot that resulted in demonstrable mobile network performance improvements. According to the announcement, the project showed a reduction in network signal congestion across base stations, with potential for more efficient signal transmission and equipment cost savings.

For the collaboration, DOCOMO used D-Wave’s annealing quantum computing solutions to reduce congestion at base stations by decreasing paging signals during peak calling times by 15%; the report indicated this could lead to increased efficiencies and lowered infrastructure costs. DOCOMO, which has more than 90 million subscriptions, anticipates deploying the hybrid-quantum solution across its Japanese branch offices in the coming months.

“Telcos are faced with a slew of increasing operational complexities — from 5G implementation to ever-shifting consumer demands — and need novel solutions to maintain a competitive edge,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release. “DOCOMO’s successful pilot sends a clear signal — that today’s quantum technologies are capable of solving telcos’ complex optimization problems, with the potential to elevate customer satisfaction, maintain network performance and mitigate rising infrastructure costs.”

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

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations, including 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.dwavequantum.com.

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

Forward Looking Statements

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.

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