Collaboration yields new solutions that tackle
complex challenges in defense and aerospace sectors
Companies to showcase live demonstration of
quantum-hybrid application at Space & Missile Defense
Symposium
D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing
systems, software, and services, and Davidson Technologies, Inc., a
technology services company that provides innovative engineering,
technical and management solutions for the Department of Defense,
aerospace and commercial customers, today announced progress in
their collaboration to create solutions that advance national
defense efforts. In support of the companies’ joint presence at
this week’s Space and Missile Defense Symposium, D-Wave and
Davidson Technologies revealed that together they have built two
applications, focused on interceptor assignment and optimized radar
scheduling.
Designed to mitigate potential attacks, the interceptor
assignment application is able to take into account a multitude
of complex variables, including missile capability in negating
threats, balanced allocation of missiles to threats, and
availability of resources to help quickly identify the potential
defense threats and identify key mitigation tactics. The radar
scheduling application efficiently manages the time-limited
resources of a phased-array radar system, enabling scheduling of
communication with moving objects.
Together, D-Wave and Davidson are working to advance intelligent
technology solutions for the defense and aerospace industries,
creating applications that could support a variety of mission
objectives, including supply chain optimization, logistics
management, weapon system optimization, and vehicle routing.
D-Wave’s solutions are available now through the company’s Leap™
quantum cloud service and work synergistically with other
technologies like high-performance computing and AI/ML.
“During times of military response, speed matters, and our
artificial intelligence, powered by D-Wave’s technology, provided
an answer much faster than other computational options,” said Major
General John W. Holly (USA, Ret.), president, CEO and chairman of
Davidson. “Our mission is to deliver advanced, agile technology
solutions in defense of our Nation, and together with D-Wave, we’re
providing our government customers with critical applications in
service to our country.”
“By utilizing emerging and advanced technologies, Davidson is
able to provide its customers with unique military implementation
and national defense tools,” said Dr. Alan Baratz, CEO of D-Wave.
“We share that spirit of imagining the unimaginable and harnessing
the power of technology to keep America safer. We are excited to
see advancement in our collaboration and look forward to more
robust application development over our multi-year
relationship.”
D-Wave and Davidson have been collaborating since August 2022,
when the companies entered into a multi-year reseller agreement to
allow Davidson to resell D-Wave’s products and services, including
the Leap quantum cloud service.
About Davidson Technologies, Inc.
For more than 25 years, Davidson has distinguished itself in the
aerospace and missile defense industry with an outstanding
reputation for performance excellence. Specifically, the company is
recognized for innovation and subject matter expertise dedicated to
the mission and the warfighter by designing and delivering
advanced, intelligent technology solutions in defense of our
Nation.
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.
Forward-Looking Statements
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 use of D-Wave’s Leap
quantum cloud service in this collaboration, and the potential
impact of solving such problems, and the role of quantum computing
technology in the defense and aerospace industries. These
forward-looking statements are subject to a number of risks and
uncertainties, including, among others, various factors beyond
management’s control, including the risk that additional
applications may not be developed successfully or at all; 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230807811401/en/
D-Wave Amy McDowell media@dwavesys.com
Davidson Dr. Patti Dare pattidare@davidson-tech.com
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