DPCM Capital Inc. (NYSE: XPOA) Is ‘One to Watch’

July 28, 2022 10:11:30
  • D-Wave Systems Inc. is the world’s first commercial supplier of quantum computers
  • The company’s customers include blue-chip industry leaders like Volkswagen, Accenture, BBVA, NEC Corporation, Save-On-Foods, DENSO and Lockheed Martin
  • The Advantage(TM) Quantum Computer is currently on its 5th generation, featuring 2.5x more connections and more than double the number of qubits of its predecessor
  • Leap(TM) delivers immediate, real-time enterprise access to the company’s Advantage quantum computer through the cloud
  • D-Wave’s current investor base includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners and In-Q-Tel
  • The global quantum computing market is forecast to reach $3.2 billion by 2028, expanding at a CAGR of 30.8% from 2021

DPCM Capital (NYSE: XPOA), a special purpose acquisition company, on February 9, 2022, announced its entry into a definitive transaction agreement with D-Wave Systems Inc., a company with approximately 20 years of experience in pioneering superconducting annealing quantum computers. Upon closing of the transaction, shares of D-Wave Quantum Inc. – a newly formed company that will be the parent company of D-Wave Systems and DPCM Capital – are expected to trade on the NYSE under ticker symbol ‘QBTS’.

The transaction, which is subject to the satisfaction of customary closing conditions, is expected to enhance D-Wave’s leadership in commercial quantum computing and accelerate quantum use cases into…

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

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