D-wave Quantum Inc. · NYSE:QBTS
D-wave Quantum — Merger or Acquisition (January 2026)
14 slides from D-wave Quantum's merger presentation, Jan 7, 2026
Slide 1: Quantum Circuits, Inc.
D::WAIVC QUANTUM REALIZED. Quantum Circuits, Inc.
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in this presentation are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995, including statements relating to the acquisition (including the timing and completion thereof), as well as the combined company’s development an
Slide 3: With You Today
With You Today Dr. Alan Baratz Dr. Trevor Lanting Dr. Rob Schoelkopf CEO Chief Chief Scientist D-Wave Development Officer and Co-Founder D-Wave Quantum Circuits 3 Copyright © D-Wave
Slide 4: Today D-Wave Became The World's Leading Quantum Computing Company
Today D-Wave Became The World’s Leading Quantum Computing Company 4 Copyright © D-Wave
Slide 5: Together, we're building and commercializing superconducting quantum computing systems
• World’s leading annealing • World’s leading developer quantum computing company of gate-model technology • First to demonstrate quantum • First to deliver dual-rail qubits supremacy on real-world problem with built-in error detection • First to deliver commercial • Three decades of superconducting
Slide 6: Significant Accelerant for D-Wave's Dual-Platform Strategy
Significant Accelerant for D-Wave’s Dual-Platform Strategy Annealing & Gate Full TAM Value to Customers Superconducting qubits have Secures D-Wave’s position as Customers will need annealing long-term advantage, and our only company capable of AND gate-model to solve full approach to scaling will de
Slide 7: Powerful Synergies to Advance Commercial Gate-Model Quantum Computing
Powerful Synergies to Advance Commercial Gate-Model Quantum Computing Superconducting Built-in Error Correction Both companies are developing superconducting Quantum Circuits brings high fidelity, error detecting quantum systems: gate operations up to 1000x dual-rail qubits for efficient error corre
Slide 8: Extending D-Wave Market Leadership Position
Extending D-Wave Market Leadership Position Only company delivering both annealing and gate-model Dual-platform Approach systems for full spectrum of customer problems Only company that’s demonstrated quantum Beyond Classical supremacy on real-world problem Production-grade & In-use Only company wit
Slide 9: Esteemed Quantum Pioneer: Dr. Robert Schoelkopf
Esteemed Quantum Pioneer: Dr. Robert Schoelkopf Quantum Circuits Co-Founder and Chief Scientist • Inventor of transmon (broadly used by most superconducting quantum computing companies) and dual-rail qubit technologies • Award-winning world expert in superconducting quantum computing and practical e
Slide 10: Dual-Rail Qubits Offer Faster Path to Error Correction
Dual-Rail Qubits Offer Faster Path to Error Correction • Leading approach to error-corrected superconducting gate-model technology • Dual-rail architecture encodes logical qubits with fewer physical qubits • Decoding process is significantly more efficient than standard architectures - higher qualit
Slide 11: Initial Dual-Rail System Generally Available in 2026
Initial Dual-Rail System Generally Available in 2026 • Dual-rail processor “Seeker” currently operational for alpha users • Installed at Quantum Circuits’ laboratory in New Haven, Connecticut • Universal gate set available with gate speeds up to 1000x faster than neutral atom and trapped ion technol
Slide 12: Three Year Gate-Model Roadmap
Three Year Gate-Model Roadmap Build and Commercialize Error-Corrected Superconducting Gate-Model Processors 2026 2027 2028 • General availability • General availability • General availability of 17 qubit dual-rail of 49 qubit dual-rail of 181 qubit dual-rail cavity-based system along cavity-based sy
Slide 13: Commercial-Grade | Groundbreaking Science | Unparalleled Technical Leadership
Commercial-Grade | Groundbreaking Science | Unparalleled Technical Leadership + A transformational step forward for quantum computing 13 Copyright © D-Wave
Slide 14: D::WoIVC
D::WoIVC QUANTUM REALIZED.
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