Open-source example highlights quantum’s potential to help network providers reduce operational costs and power requirements; reinforces practical applicability of D-Wave’s quantum solutions
PALO ALTO, Calif., BURNABY, B.C. --- October 18, 2023 -- D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today launched a new open-source demonstration highlighting how its Advantage™ annealing quantum computing system can be used to tackle wireless channel decoding. The demo, available now in the Leap™ real-time quantum cloud service, identifies solutions for increasing transmission capacity for wireless and cellular networks using coordinated multipoint decoding.
According to the GSMA (Global System for Mobile Communications Association), the number of mobile connections worldwide is approaching 12 billion, and with that growth comes increased complexity. The wireless industry requires new solutions to ensure high-quality levels of service while reducing operational costs and power requirements. This new application demonstrates how D-Wave’s annealing quantum processing unit (QPU) can improve transmission performance (reduced transmission errors), particularly in dense urban areas characterized by high noise (low signal-to-noise ratios) and load (large numbers of cellphones per base station).
This example is the latest of D-Wave’s demonstrations of the practical applicability of its quantum and quantum-classical hybrid solutions. Recently, D-Wave announced work with LG U+, the Korea Advanced Institute of Science and Technology (KAIST) and Qunova Computing to propel the development of a 6G low-earth-orbit satellite network, through connectivity of ground-to-satellite links (SGLs) and inter-satellite-links (ISLs). Other telecom-related applications that can benefit from D-Wave’s quantum technologies include: employee scheduling for workforce resource management, network design and expansion planning, call center routing, scheduling and routing of service vehicles, and more.
“The commercialization of quantum is here, as a wide variety of companies spanning a diverse set of industries recognize the value D-Wave’s technology can bring to driving operational excellence, today,” said Trevor Lanting, vice president of software, algorithms and cloud services at D-Wave. “In the world of wireless telecommunications, the high degree of complexity and large number of variables means a massive amount of computational power is required to solve challenging problems like increasing transmission capacity. Our demonstration shows how well our annealing quantum computing system can tackle challenges of this magnitude relative to classical computation, which could be transformative to network service providers.”
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s customers include Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.
Certain statements in this press release 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 expressed or implied by these forward-looking statements and may not be indicative of future results. Forward-looking statements in this press release include, but are not limited to, statements regarding the potential of D-Wave’s technology to address problems facing the telecom industry, and the potential impact on the telecom industry.These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the ability of D-Wave’s technology to achieve similar results in a production environment; general economic conditions and other risks; our ability to expand our customer base and the customer adoption of our solutions; risks within D-Wave’s industry, including anticipated trends, growth rates, and challenges for companies engaged in the business of quantum computing and the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and/or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; and the numerous other factors set forth in D-Wave’s Annual Report on Form 10-K for its fiscal year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.