Slide 1: Q1 2024 Investor Presentation
QUANTUM Q1 2024 Investor Presentation
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-WAVE AT A GLANCE MARKET LEADER ESTABLISHED PRODUCT PORTFOLIO: • World’s largest Quantum Computer • Accessible through production-grade cloud service • World’s 3rd largest quantum IP portfolio • Demonstrated quantum supremacy GROWING COMMERCIAL ADOPTION: Quantum Annealing Real-Time Quantum Cloud Op
Slide 4: Yielded New 4,800+ Qubit Advantage2 Processor
YIELDED NEW 4,800+ QUBIT ADVANTAGE2TM PROCESSOR We recently YIELDED 4800+ QUBIT PROCESSORS for the forthcoming Advantage2 system This milestone comes on the heels of launching the 1,200+ qubit Advantage2 prototype and making it accessible in the Leap quantum cloud service earlier this year Currently
Slide 5: New Fast-Anneal Feature: Bringing Customers Unprecedented Speeds
NEW FAST-ANNEAL FEATURE: BRINGING CUSTOMERS UNPRECEDENTED SPEEDS “We’re excited to put our most powerful feature into the hands of users, giving them access to extended Fast Anneal allows users to perform COHERENT QUANTUM ANNEALING quantum states inherent in annealing that, until now, by producing a
Slide 6: Two Technology Leaders Partnering to Deliver Quantum Generative AI
TWO TECHNOLOGY LEADERS PARTNERING TO DELIVER QUANTUM GENERATIVE AI BUSINESS PARTNERSHIP TECHNICAL APPROACH • MULTI-YEAR STRATEGIC PARTNERSHIP to develop and bring • Developing QUANTUM GENERATIVE AI applications for to market commercial applications combining the power of multiple customer domains: d
Slide 7: Renewed Multiyear Agreement with USC
RENEWED MULTIYEAR AGREEMENT WITH USC Announced a RENEWED MULTIYEAR PARTNERSHIP with the University of Southern California (USC) USC’s Viterbi School of Engineering will continue to house a D-WAVE STATE-OF-THE-ART ADVANTAGE QUANTUM COMPUTER, facilitating ongoing exploration and adoption of annealing
Slide 8: New Customer Applications in Development to Tackle Real-World Optimization Problems
NEW CUSTOMER APPLICATIONS IN DEVELOPMENT TO TACKLE REAL-WORLD OPTIMIZATION PROBLEMS BODY SHOP SCHEDULING OIL TANKER UNLOADING (commercial vehicle production center) (petroleum refining company) Determining vehicle production sequence to Identifying more efficient ways to unload and maximize the numb
Slide 9: Growing Government Interest and Momentum with Near-Term Quantum Technologies
GROWING GOVERNMENT INTEREST AND MOMENTUM WITH NEAR-TERM QUANTUM TECHNOLOGIES • Continued progress in educating governments about the value of annealing quantum computing • Congress has introduced the DEFENSE QUANTUM ACCELERATION ACT which would accelerate the Department of Defense (DoD)’s adoption o
Slide 10: Qubits 2024: Success, Powered by Quantum
QUBITS 2024: “SUCCESS, POWERED BY QUANTUM” BOSTON, JUNE 17-18, 2024 Our NINTH ANNUAL QUBITS QUANTUM COMPUTING CONFERENCE is focused on how quantum can deliver significant benefits to organizations today • Learn how the power of generative AI and quantum computing will work together to solve large-sc
Slide 11: 2024 Q1 Financial Update
2024 Q1 FINANCIAL UPDATE Significant Growth in Bookings, Revenue, Gross Profit, Commercial Traction & Cash YoY YoY Quarterly Bookings Quarterly (1 ) ( 1) (2) Sequential Quarterly Bookings - Revenue YoY Quarterly $5 $4.5M $5 $4.5M $3 MILLIONS $2.5M MILLIONS MILLIONS $4 $4 $2.9M $3.1M $2 $3 $3 $1.6M $
Slide 12: Quantum
QUANTUM 12 C O P Y R I G H T © D - W A V E