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InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement
December 19, 2023

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is involved in an innovative initiative using quantum computing to improve efficiency in the design of heating, ventilation and air-conditioning (“HVAC”) systems for complex buildings. D-Wave Wantum is joined by VINCI Energies and uptownBasel/QuantumBasel in the partnership, which has already successfully transformed the complex HVAC network-generation problem into a constrained quadratic model (“CQM”), potentially efficiently solvable by D-Wave’s quantum-classical hybrid solvers. According to the announcement, this first phase of the project marks “a clear step away from traditional computational methods to a more innovative, quantum-classical hybrid approach.” The company noted that the new approach results in solutions with shorter duct lengths and fewer construction elements, such as elbows. A key factor in the success of the partnership thus far is the interdisciplinary team, which has members from Switzerland, France, Germany, Canada and the United States. “Team members brought specialized knowledge and experience, resulting in rapid progress and efficient problem-solving,” said the company in the press release. “This global team operated seamlessly through collaboration tools, demonstrating the power of virtual teamwork in achieving cutting-edge innovation. As the project moves forward, the focus will shift to translating these technical improvements into tangible business impact, such as reduced computation time and less manual engineering effort. This quantum computing project stands as a testament to the power of collaborative innovation in driving sustainable and efficient solutions in building design. It marks another important step towards a more sustainable future, in which human expertise and technology join forces to create environmentally friendly and cost-effective building solutions.”

To view the full press release, visit https://ibn.fm/qJn2t

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 b uilding both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does 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 technology has been used by some of the world’s most advanced organizations, including 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. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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