D-wave Quantum Inc. · NYSE:QBTS
D-wave Quantum — 26th Annual Needham Growth Conference 2024
20 slides from D-wave Quantum's conference presentation, Jan 19, 2024
Slide 1: Commercial Quantum Computing
COMMERCIAL QUANTUM COMPUTING 26TH ANNUAL NEEDHAM GROWTH CONFERENCE – JANUARY 19, 2024
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. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information express
Slide 3: D-Wave at a Glance
D - WAV E AT A G L A N C E MARKET LEADER ESTABLISHED PRODUCT PORTFOLIO: • World’s largest Quantum Computer • Accessible through production-grade cloud service • Demonstrated advantage over classical GROWING COMMERCIAL ADOPTION: Quantum Annealing Real-Time Quantum Cloud Open-Source Python Tools Custo
Slide 4: Choosing the Right Quantum Technology
CHOOSING THE RIGHT QUANTUM TECHNOLOGY COMBINATORIAL LINEAR ALGEBRA DIFFERENTIAL OPTIMIZATION & FACTORIZATION EQUATIONS Employee Scheduling Machine Learning Designer Drugs Autonomous Vehicle Routing Cryptography New Materials Peptide Design Drug Toxicity Longer-Life Batteries Fraud Detection Global W
Slide 5: Leading the Commercialization of Quantum Tech
LEADING THE COMMERCIALIZATION OF QUANTUM TECH Experimental / Research Product Commercialization Advantage™ Advantage Performance Advantage2™ Advantage3™ System System System System D-Wave D-Wave D-Wave One™ D-Wave Two™ D-Wave 2X™ 2000 ™ 2000Q LN System System System System System ANNEALING PROCESSOR
Slide 6: Value Creation Through the Ongoing Introduction of New Use Cases
VALUE CREATION THROUGH THE ONGOING INTRODUCTION OF NEW USE CASES $100B Market Opportunity Opportunity* $100B Market Opportunity $100B Market Opportunity* 2023 2024 2025 2026 2027 2028 2029 20… Production Scheduling & Routing Allocation & Risk Management Machine Learning Defense & Aerospace Process &
Slide 7: Focus on Logistics and Manufacturing Followed by AI/Machine Learning
FOCUS ON LOGISTICS AND MANUFACTURING FOLLOWED BY AI/MACHINE LEARNING AI/MACHINE LOGISTICS MANUFACTURING LEARNING Vehicle Routing Job Shop Scheduling Feature Selection Employee/Crew Scheduling Factory Planning Prompt Optimization* Shipping Container Logistics Project Scheduling Model Training* Farm t
Slide 8: There Is Strong Enterprise Demand for Quantum Solutions
THERE IS STRONG ENTERPRISE DEMAND FOR QUANTUM SOLUTIONS 80% OF COMPANIES 33% plan to increase quantum computing (QC) commitment in next 2-3 years1 42% OF BUSINESS LEADERS see QC as key for logistics/supply chain management1 OF COMPANIES FORSEE ANNUAL QC BUDGETS OF $15M 31% OF ENTERPRISES OR HIGHER 1
Slide 9: Automated Tour Routing
AUTOMATED TOUR ROUTING Identifying optimal routes for promotional tours is critical to ensuring all client requirements and federal regulations are considered. The Interpublic Group worked with D-Wave to identify routes that reduce the costs of producing and running these tours. D-Wave’s technology
Slide 10: Production Application Deployments
PRODUCTION APPLICATION DEPLOYMENTS 26 # of Multiple Applications Now More Customer Deployments Fuel Production Deployments Proofs of Concept Moving Into Production QCaaS Usage and Expected in Built for Customers Next 2 Quarters Growth 10 C O P Y R I G H T © D - WAV E
Slide 11: Shaping Government Quantum Programs for Inclusivity and Near-Term Application Support
SHAPING GOVERNMENT QUANTUM PROGRAMS FOR INCLUSIVITY AND NEAR-TERM APPLICATION SUPPORT NATIONAL DEFENSE AUTHORIZATION ACT (NDAA) • Now includes annealing, gate model and hybrid • Tasks DoD with creating near-term quantum application pilot program NATIONAL QUANTUM INITIATIVE (NQI) • Includes near-term
Slide 12: Enhanced Radar Scheduling
ENHANCED RADAR SCHEDULING Davidson, a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers, has been working with D-Wave on several quantum-hybrid applications to advance national defens
Slide 13: Tech Driving Customer Use Cases
TECH DRIVING CUSTOMER USE CASES 2 Performance Update 3, … Systems Platform Software Innovation BQM, DQM, CQM Next-gen Targeted Hybrid Solvers Universal Solvers Solvers Solver $100B Market Opportunity $100B $100B Market Market Opportunity Opportunity Opportunity** 2023 2024 2025 2026 2027 2028 2029 2
Slide 14: A Product Roadmap Built to Deliver Customer ROI
A PRODUCT ROADMAP BUILT TO DELIVER CUSTOMER ROI GREATER INCREASED RELIABILITY PROCESSING POWER SOFTWARE VALUE AND ACCESS ADVANTAGE2 LEAP™ SERVICE FULL STACK PROCESSOR • Improved connectivity to address • Advancement of quantum- • Software and hardware larger and more complex problems hybrid solver s
Slide 15: Pathway to Proving Quantum Supremacy
PATHWAY TO PROVING QUANTUM SUPREMACY: QUANTUM EFFECTS ACCELERATING OPTIMIZATION MILESTONES ACHIEVED RESEARCH NEARING COMPLETION • Proven scaling performance advantage in theory and • Classical simulations performed on FRONTIER AND measurements of COHERENT QUANTUM ANNEALING SUMMIT SUPERCOMPUTERS AT O
Slide 16: Production-Grade Reliability Reflects Our Commercial Maturity
PRODUCTION-GRADE RELIABILITY REFLECTS OUR COMMERCIAL MATURITY Focused on delivery of secure, reliable, and production-grade quantum tech stack at scale and across geographies to support customers’ production deployments • Introduced new administration features that give customers the ability to mana
Slide 17: D-Wave Quantum Patent Portfolio Ranked as 3rd Largest in the World
D-WAVE QUANTUM PATENT PORTFOLIO RANKED AS 3RD LARGEST IN THE WORLD 500+ GRANTED AND PENDING PATENTS WORLDWIDE, INCLUDING: • 220+ US granted patents • 210+ granted and pending patents worldwide (non-US) 60%+ OF THE PORTFOLIO applies to both gate model and annealing quantum computing Portfolio covers
Slide 18: Capitalizing on Tailwinds
CAPITALIZING ON TAILWINDS SUPREMACY VERTICALIZATION GOVERNMENT LEGISLATION 18 C O P Y R I G H T © D - WAV E
Slide 19: Q3 Financial Update
Q3 FINANCIAL UPDATE SIGNIFICANT GROWTH IN BOOKINGS, REVENUE, COMMERCIAL TRACTION & CASH Quarterly Bookings(1) First 9 Months Bookings Quarterly Revenue $4,000,000 $12,000,000 $3,000,000 51% 53% $2.6M 5% $3,000,000 $2.9M $9,000,000 12 $8.4M $2,250,000 $1.7M Millones Millones Millones $1.9M 55% $2,000
Slide 20: Commercial Quantum Computing
COMMERCIAL QUANTUM COMPUTING 20 C O P Y R I G H T © D - WAV E
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