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November 27, 2015 7:17 AM ET

Technology Hardware, Storage and Peripherals

Company Overview of D-Wave Systems Inc.

Company Overview

D-Wave Systems Inc. develops, fabricates, and integrates superconducting quantum computers. The company offers The D-Wave Two System, a commercial quantum computer. Its quantum computers are used in various applications, including mission planning/scheduling and logistics, software/hardware validation and verification, pattern recognition and anomaly detection, network science and graph theory applications, image and pattern recognition, machine learning, communication, advanced search, optimization problems, graph theory problems, material science, climate modeling, bioinformatics, weather predictions, exploring quantum computing, risk modeling, trading strategies, financial analysis and fo...

3033 Beta Avenue

Burnaby, BC V5G 4M9


Founded in 1999





Key Executives for D-Wave Systems Inc.

Chief Executive Officer, President and Director
Age: 56
Co-Founder and Chief Technology Officer
Co-Founder and Chief Scientist
Co-Founder and Director
Vice President of Finance and Controller
Compensation as of Fiscal Year 2015.

D-Wave Systems Inc. Key Developments

D-Wave Systems Announces Multi-Year Agreement with Lockheed Martin

Harris & Harris Group Inc., noted that its portfolio company, D-Wave Systems Inc. announced that it has entered into a multi-year agreement with Lockheed Martin to upgrade the company's 512-qubit D-Wave Two™ quantum computer to the new D-Wave 2X™ system with 1,000+ qubits. This represents the second system upgrade since Lockheed Martin became D-Wave's first customer in 2011 with the purchase of a 128-qubit D-Wave One™ system. The agreement includes the system, maintenance and associated professional services. The new system will be hosted at the University of Southern California-Lockheed Martin Quantum Computation Center, which first began exploring the power of quantum computing with the D-Wave One, the world's first quantum computer. The installation of the D-Wave 2X system is expected to be completed in January 2016.

D-Wave Systems Inc. Presents at StableView Asset Management Tech15 Conference, Oct-14-2015 11:45 AM

D-Wave Systems Inc. Presents at StableView Asset Management Tech15 Conference, Oct-14-2015 11:45 AM. Venue: The Arcadian Lofts, 401 Bay St. 9th floor, Toronto, ON M5H 2Y4, Canada. Speakers: Bo Ewald, President.

Harris & Harris Group, Inc. and D-Wave Systems Inc. Enter into New Agreement Covering the Installation of Succession of D-Wave Systems

Harris & Harris Group, Inc. notes that D-Wave Systems, Inc. announced that it has entered into a new agreement covering the installation of a succession of D-Wave systems located at NASA's Ames Research Center in Moffett Field, California. This agreement supports collaboration among Google, NASA and USRA (Universities Space Research Association) that is dedicated to studying how quantum computing can advance artificial intelligence and machine learning and the solution of difficult optimization problems. The new agreement enables Google and its partners to keep their D-Wave system operating at the level of performance for up to seven years, with new generations of D-Wave systems to be installed at NASA Ames as they become available.

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