D-wave Quantum Inc. · NYSE:QBTS
D-wave Quantum — 27th Annual Needham Growth Conference 2025
19 slides from D-wave Quantum's conference presentation, Jan 15, 2025
Slide 1: 27th Annual Needham Growth Conference
QUANTUM 27th Annual Needham Growth Conference – January 14th and 15th, 2025
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: Quantum Realized: Only by D-Wave
PRODUCTION APPLICATIONS Business applications in use by customers to improve operations QUANTUM SUPREMACY Achieved on important / useful materials simulation problem* QUANTUM ANNEALING Required for business optimization applications – The Killer App SERVICE LEVEL AGREEMENTS High system availability
Slide 4: Application Benchmarking
4 • TBD APPLICATION BENCHMARKING D-WAVE IBM IONQ ~98% of optimal at problem size 320 ~75% of optimal at problem size 6 ~80% of optimal at problem size 10 Runs in a fraction of a second ~100x slower than QA ~10,000x slower than QA D-Wave Annea ling has long-te rm advantage in op tim iza tion QED-C Be
Slide 5: D-Wave at a Glance
MARKET LEADING SOLUTION STRONG CUSTOMER BASE TECHNICAL LEADERSHIP 3rd largest quantum patent portfolio globally 43 PhDs 240+ U.S. granted patents 500+ WW granted + pending 60+% Annealing and Gate Over 240 scientific papers published Quantum Annealing Fifth generation system 5000+ qubits Real-Time Qu
Slide 6: D-Wave Enables the Full Quantum Expected TAM
COPYRIGHT @ D-WAVE6 D-WAVE ENABLES THE FULL QUANTUM EXPECTED TAM1 LONG-TERM 15-30 Years MID-TERM 5-15 Years NEAR-TERM 3-5 Years $2B-$5B TAM ($400M - $1B) $25B - $50B TAM ($5B - $10B) $450B - $850B TAM ($90B - $170B) ANNEALING (DWAVE ONLY) ANNEALING OR GATE MODEL GATE MODEL Computational Problem Comb
Slide 7: Only Company Driving Both Annealing and Gate
ONLY COMPANY DRIVING BOTH ANNEALING AND GATE COPYRIGHT @ D-WAVE7 PRODUCTION-READY TODAY ANNEALING Optimization AI/ML & GenAI Academic Research GATE-MODEL PRODUCTION-READY IN 7-15 YEARS Years of Complex R&D Needed Research Experimentation COMBINATORIAL OPTIMIZATION Workforce Scheduling Production Sch
Slide 8: Leading the Commercialization of Quantum Tech
LEADING THE COMMERCIALIZATION OF QUANTUM TECH Experimental / Research Product Commercialization Gate-model Processors (all players) Annealing Processors (only D-Wave) 2011 2015 2018 20192010 20202012 2013 2014 2016 2017 2021 2022 2023 2024E 2025E 2026E 2027E 2028E 2029E 2030E & Beyond Transition fro
Slide 9: Quantum Optimization Proven Use Cases
QUANTUM OPTIMIZATION PROVEN USE CASES • One of Canada’s largest retailers of food & health products • Workforce scheduling in production at over 100 stores • Scheduling time reduced from 80 hours to 15 hours weekly, an 80% TIME SAVINGS • Expanding to retail inventory, warehouse, and logistics optimi
Slide 10: Tech Driving Customer Use Cases
TECH DRIVING CUSTOMER USE CASES O pp or tu ni ty 2023 20262024 20… Workforce Scheduling Job Shop Scheduling Vehicle Routing Scheduling & Routing Wireless Infrastructure Optimization Network Flow Optimization Supply Chain Optimization Process & Flow Model Training Prompting Optimization Feature Selec
Slide 11: Powerful Quantum Computers Built for Business Applications
POWERFUL QUANTUM COMPUTERS BUILT FOR BUSINESS APPLICATIONS D-WAVE Annealing quantum processor design 5,000+ qubits Ongoing increases in coherence & connectivity Systems located in US, Europe & Canada supporting global use Supports hybrid applications of real-world size Up to 2 million variables COPY
Slide 12: Completed Calibration of 4400+ Advantage2
COMPLETED CALIBRATION OF 4400+ ADVANTAGE2 Completed the calibration of a 4400+ qubit Advantage2 processor as a key part of the ongoing development of our sixth-generation annealing quantum computer This comes on the heels of launching the 1,200+ qubit Advantage2 prototype and making it accessible in
Slide 13: Quantum Supremacy on D-Wave Advantage2 System
QUANTUM SUPREMACY ON D-WAVE ADVANTAGE2 SYSTEM • Each data point was computed on D-Wave’s 1200Q Advantage2 System in just a few minutes and consuming 12 kW of power • Classical computations performed on Frontier and Summit supercomputers at Oak Ridge National Lab would have taken well over 1 million
Slide 14: Further Progress on Quantum AI Solutions
FURTHER PROGRESS ON QUANTUM AI SOLUTIONS Continuing to explore 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 designs of transformer and diff
Slide 15: Introduction of Service-Level Agreements (SLAs)
INTRODUCTION OF SERVICE-LEVEL AGREEMENTS (SLAS) Recently introduced SLAs for Leap quantum cloud service customers who are transitioning applications into production D-Wave is the only quantum computing company providing formal SLAs Offering SLAs reflects the high levels of availability, reliability
Slide 16: D-Wave Deemed Awardable on DoD 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 17: Financial Highlights
FINANCIAL HIGHLIGHTS COPYRIGHT @ D-WAVE17 0 50 100 150 Prior LTM Most recent LTM 125 Total # of Customers 132 75 Commercial Customers including 26 Forbes Global 2000 76 Commercial Customers including 27 Forbes Global 2000 $- $2 $4 $6 $8 Q3 2023 Q3 2024 M IL LI O N S $5.8M First 9 Months Revenue $6.5
Slide 18: D-Wave Investment Considerations
D-WAVE INVESTMENT CONSIDERATIONS COPYRIGHT @ D-WAVE18 TECHNOLOGY LEADERSHIP • Designed, developed and operating the world’s largest quantum computers • 3rd largest quantum computer patent portfolio ANNEALING ADVANTAGE • Annealing quantum computers that outperform classical and gate model systems • D
Slide 19: QUANTUM COPYRIGHT @ D-WAVE19
QUANTUM COPYRIGHT @ D-WAVE19
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