Austin, Texas, United States, June 20th, 2025, FinanceWire
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a provider of quantum computing systems, software and services, has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City to speed up the adoption of quantum computing in South Korea. The MOU backs the region’s ambition to become a global quantum technology hub and sets out plans to cooperate on research, talent development and use case exploration in biotechnology, materials science and other sectors. It also supports the organizations’ joint efforts to acquire a D-Wave Advantage2
quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon.
The full press release can be read at https://ibn.fm/3ezs2
About D-Wave Quantum Inc.
D-Wave develops and delivers quantum computing systems, software and services. It describes itself as the world’s first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. Its mission is to help customers realize the value of quantum, today. Its quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to the quantum systems to date, customers apply the technology to use cases spanning optimization, artificial intelligence, research and more. Further detail on realizing the value of quantum computing today, and on how the company is shaping the quantum-driven industrial and societal advancements of tomorrow, is available at www.dwavequantum.com.
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 them, and may not be indicative of future results. They are subject to a number of risks and uncertainties, including various factors beyond management’s control, among them the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K, or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of its Quarterly Reports on Form 10-Q and in its 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, as they are based on information available to the company on the date of release. The company undertakes no duty to update this information unless required by law.
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