D-Wave stock rises again after it strikes a deal to bring its Advantage2 quantum computer to Italy
QuantumQuantum(US:QMCO) Fastcompany·2025-10-15 19:47

Core Insights - D-Wave Quantum has entered a €10 million ($11.63 million) agreement with Swiss Quantum Technology (SQT) to deploy its Advantage2 quantum computer in Italy, supporting the country's digital transformation efforts [2][4]. Company Developments - The collaboration is part of a broader initiative called the "Q-Alliance," which includes D-Wave and IonQ, another American quantum computing firm [3]. - D-Wave's CEO, Alan Baratz, emphasized the significance of this deployment for Italy and the Q-Alliance, marking it as a pivotal moment for the region [7]. Market Performance - Following the announcement, D-Wave's stock rose approximately 1.29%, continuing a remarkable growth trajectory of over 4,235% in the past year, driven by increasing interest in quantum computing technology [4]. Technological Achievements - D-Wave recently claimed to have achieved "quantum supremacy," solving computations that would take classical computers about 1 million years to complete, showcasing the capabilities of its Advantage2 quantum computer [7][8]. - The Advantage2 is noted as the only quantum computer capable of solving significant real-world problems that classical computers cannot, specifically in simulating magnetic material properties [8]. Global Applications - D-Wave's technology is already in use globally, including applications in a Welsh police department for deployment analysis, in Ford Otosan's assembly processes in Turkey, and by a Japanese cellphone carrier to enhance network performance [9].