Slide 1: Q3 2024 Investor Presentation
QUANTUM Q3 2024 Investor Presentation 1 COPYRIGHT © D-WAVE
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 • Quantum supremacy paper under peer review GROWING COMMERCIAL ADOPTION: Quantum Annealing Real-Time Quantum Cloud Open-Source Python Tools Customer
Slide 4: Completed Calibration of 4400+ Qubit Advantage2 Prototype
COMPLETED CALIBRATION OF 4400+ QUBIT ADVANTAGE2 PROTOTYPE Completion of calibrating a 4400+ qubit Advantage2 processor as a key part of ongoing development of sixth-generation annealing quantum computer This comes on the heels of launching the 1,200+ qubit Advantage2 prototype and making it accessib
Slide 5: Further Progress on Quantum AI Solutions
FURTHER PROGRESS ON QUANTUM AI SOLUTIONS D-Wave continued to make rapid progress on exploring generative AI architectures that directly use quantum processing unit (QPU) samples from quantum distributions to facilitate faster and more energy-efficient model training and inference Completed initial d
Slide 6: Introduction of Service-Level Agreements (SLAs) for Leap Cloud Service Customers
INTRODUCTION OF SERVICE-LEVEL AGREEMENTS (SLAS) FOR LEAP CLOUD SERVICE CUSTOMERS New SLAs for Leap quantum cloud service customers who are transitioning applications into production We believe D-Wave is the only quantum computing company providing formal SLAs Offering SLAs reflects the high levels o
Slide 7: Japan's Largest Mobile Phone Operator Plans to Move Quantum Application into Production
JAPAN’S LARGEST MOBILE PHONE OPERATOR PLANS TO MOVE QUANTUM APPLICATION INTO PRODUCTION NTT DOCOMO, Japan’s largest wireless carrier with more than 87 million subscribers, is planning production deployment of a hybrid-quantum application, built with D-Wave technology, for optimizing mobile network p
Slide 8: D-Wave Deemed "Awardable" on US Dept. of Defense "Tradewinds Marketplace"
D-WAVE DEEMED “AWARDABLE” ON US DEPT. OF DEFENSE “TRADEWINDS MARKETPLACE” D-Wave has been deemed “awardable” on the US Department of Defense’s Tradewinds buying platform, which is designed to accelerate the procurement and adoption of emerging technologies Marketplace includes D-Wave’s annealing qua
Slide 9: Go-to-Market Efforts Include Launch of Quantum Optimization Market Category
GO-TO-MARKET EFFORTS INCLUDE LAUNCH OF QUANTUM OPTIMIZATION MARKET CATEGORY Continued progress executing the company’s aggressive go-to-market (GTM) growth strategy, most notably launching the quantum optimization market category with a robust collection of website content and assets that showcase k
Slide 10: Broadened Reach with New Partnerships
BROADENED REACH WITH NEW PARTNERSHIPS Partnership designed to accelerate commercial D-Wave has joined the Chicago Quantum adoption of annealing quantum computing Exchange (CQE) as a corporate partner, aiming to across Middle East engage with the CQE community on materials science research, quantum e
Slide 11: New Leaders Bring Growth Mindset & Commercial Tech Expertise
NEW LEADERS BRING GROWTH MINDSET & COMMERCIAL TECH EXPERTISE Announced the expansion of the D-Wave executive leadership bench with the addition of Sophie Ames as chief human resources officer as well as the addition of two new board members John DiLullo and Rohit Ghai The moves are designed to help
Slide 12: 2024 Q3 Financial Update
2024 Q3 FINANCIAL UPDATE First 9 Months Revenue Research & Gov’t - Revenue Total # of Customers $8 MILLIONS MILLIONS $6.5M 150 $5.8M $4 $2.0M 132 $6 Research 125 $1.2M 75 76 Research 100 $4 $1.8M Commercial Commercial $2 $1.3M Customers Customers Government Government including 26 including 27 $2 50
Slide 13: Quantum
QUANTUM 13 COPYRIGHT © D-WAVE