Funded by NSERC grants, the work with
researchers from the Institute for Quantum Computing at the
University of Waterloo focuses on key hardware advancements for
quantum computing systems
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 announced two new
collaborations with the Institute for Quantum Computing (IQC) at
the University of Waterloo. These collaborations establish key
hardware research programs for quantum computing systems.
The two multi-year projects between D-Wave and the researchers
were funded through the Natural Sciences and Engineering Research
Council of Canada (NSERC) Quantum Alliance program, which is part
of Canada’s National Quantum Strategy. These projects will focus on
identifying improvements in device design and materials quality
that support increasingly coherent superconducting quantum
processors.
“Quantum computing has the potential to revolutionize how we
tackle societal problems. Key to this transformation is the ability
to provide larger quantum systems with greater coherence, and these
NSERC projects each facilitate important R&D for these
next-generation systems,” said Dr. Alan Baratz, CEO of D-Wave.
“We’re excited to engage with the University of Waterloo through
the NSERC program to further build out a robust quantum ecosystem
that can tackle real-world problems.”
"The collaboration with D-Wave will provide a unique opportunity
to explore fundamental aspects of the physics of a new generation
of superconducting qubits, which have the potential to enable new
quantum computing architectures,” said Dr. Adrian Lupascu,
professor at the Institute for Quantum Computing and Department of
Physics and Astronomy at the University of Waterloo.
“I would like to thank NSERC for the opportunity to collaborate
with D-Wave. These funds provide essential support for my research
team to work with D-Wave on developing improved superconducting
components for quantum computing and quantum devices. In addition,
the collaboration will contribute to building up Canada’s
quantum-ready workforce, as my team gains valuable experience in
the fast-growing cryogenic and quantum computing sector,” said Dr.
Jan Kycia, Physics and Astronomy professor at the University of
Waterloo and Institute for Quantum Computing affiliate.
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 technology is being 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.
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but are not limited to, statements regarding the focus and results
of the collaborations between D-Wave and the University of
Waterloo, the potential of quantum computing, what is needed to
realize the potential of quantum computing, and the opportunities
arising from the collaborations between D-Wave and the University
of Waterloo. We cannot assure you that the forward-looking
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version on businesswire.com: https://www.businesswire.com/news/home/20230727405043/en/
D-Wave Amy McDowell media@dwavesys.com
University of Waterloo Samantha Clark
samantha.clark@uwaterloo.ca
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