{"success":true,"data":{"pressRelease":{"id":"170036","rtpr_id":"nBw7JnyLSa-20261015","ticker":"QBTS","exchange":"NASDAQ","all_tickers":["QBTS"],"title":"D-Wave Delivers Italy’s First Annealing Quantum Computer","author":"Business Wire","published_at":"2026-10-15T11:00:00.766Z","article_body":"D-Wave Delivers Italy’s First Annealing Quantum Computer\n\nArrival of 4,400+ qubit Advantage2 system advances Q-Alliance’s efforts to\nexpand quantum computing access, accelerate Italian workforce development and\nsupport commercial and academic applications\n\nD-Wave Quantum Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dwavequantum.com%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=D-Wave+Quantum+Inc.&index=1&md5=a1409925e794116e285bee0198c3aa3e)\n(NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform\nquantum computing company providing annealing and gate-model systems, software\nand services, today announced at Digital Innovation Forum 2026\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fdigitalinnovationforum.it%2Fen%2Fhome-english%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=Digital+Innovation+Forum+2026&index=2&md5=896e3c5ca9905483caca46f965a9b440)\nthat its Advantage2(TM) annealing quantum computer has arrived in Lombardy,\nItaly, for installation at Villa Saporiti in Como. Funded by Swiss Quantum\nTechnology SA (“SQT”), the system, referred to within the Q-Alliance\necosystem as the VoltaB1, will give European researchers, universities and\nbusinesses access to powerful, production-grade annealing quantum computing\ntechnology once installed. Its arrival marks an important step in\nQ-Alliance’s work to turn Italy’s quantum ambitions into research\ncapabilities, practical applications and industrial opportunity.\n\nThe VoltaB1 Advantage2 annealing quantum computer will be formally inaugurated\nat Q-Alliance’s “Quantum per l’Italia\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fq-alliance.net%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=Quantum+per+l%26%238217%3BItalia&index=3&md5=473e351f7a2d561ef8100041ce2d0552)\n” event on October 16, at the historic Villa Saporiti. Held as part of the\nlead-up to the bicentennial of Alessandro Volta’s death, D-Wave CEO Dr. Alan\nBaratz will deliver remarks during the special ceremony, which includes\nrepresentatives from research, industry and government. The ceremony follows\nD-Wave’s momentous signing of the Volta Declaration at the World Tech\nConference in Milan in June 2026, which established a framework for\ncooperation on quantum, artificial intelligence and sovereign computing\ninfrastructure.\n\n“Bringing Italy’s first annealing quantum computer to Como marks a\nhistoric milestone toward making quantum computing a working capability for\nItalian innovation and industry,” said Dr. Baratz. “Italy has exceptional\nscientific talent and industrial strength. Together with SQT and Q-Alliance,\nwe can give Italian teams the technology and hands-on experience to tackle\ncomplex problems, develop applications that can move into production, and\nbuild expertise in the country. That is how quantum infrastructure becomes\nindustrial advantage.”\n\nThe system’s arrival follows a €10 million agreement between D-Wave and\nSQT to deploy an annealing quantum computer in Europe. Under the agreement,\nSQT acquired 50% of the system’s capacity for five years and holds an option\nto purchase the full system. Once operational, the Advantage2 system will be\naccessible through D-Wave’s Leap™\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dwavequantum.com%2Fsolutions-and-products%2Fcloud-platform%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=D%3Cstrong%3E-%3C%2Fstrong%3EWave%26%238217%3Bs+Leap%26%238482%3B&index=4&md5=d8304cea393cbfbd1c8d528b70fd3035)\nreal-time quantum cloud service, which offers 99.9% availability and uptime.\n\n“The arrival of the Advantage2 system in Lombardy puts physical\ninfrastructure behind our vision for Italian quantum innovation,” said\nThomas F. Darden, acting CEO, SQT. “Our investment is intended to connect\nresearchers and businesses with advanced computing resources, support the\ndevelopment of useful applications and help build the expertise that will\nsustain Italy’s role in the quantum economy.”\n\nFeaturing more than 4,400 qubits, the Advantage2 system is D-Wave’s most\nadvanced annealing quantum computer and has demonstrated the ability to\noutperform classical computing on a complex materials simulation problem that\nwould have taken one of the world’s most powerful classical supercomputers\nnearly one million years and the world’s annual electricity consumption to\nsolve. Today, some of the world’s largest organizations across aviation,\nmanufacturing, telecommunications and health care are using the Advantage2\nsystem to address real-world problems, spanning optimization, materials\nsimulation and artificial intelligence.\n\nAbout D-Wave Quantum Inc.\n\nD-Wave is a leader in the development and delivery of quantum computing\nsystems, software, and services. It is the world’s first commercial supplier\nof quantum computers, and the first and only to offer dual-platform quantum\ncomputing products and services, spanning both annealing and gate-model\nquantum computing technologies. D-Wave’s mission is to help customers\nrealize the value of quantum today through enterprise-grade systems available\non-premises and via its Leap™ quantum cloud service, which offers 99.9%\navailability and uptime. More than 100 organizations across commercial,\ngovernment and research sectors trust D-Wave to address complex computational\nchallenges using quantum computing. Learn more about realizing the value of\nquantum computing today and how D-Wave is shaping the quantum-driven\nindustrial and societal advancements of tomorrow:\nhttps://www.dwavequantum.com/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dwavequantum.com%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=https%3A%2F%2Fwww.dwavequantum.com%2F&index=5&md5=3649ce2904439d3f127e9d44f58d45d9)\n.\n\nD-Wave Forward-Looking Statements\n\nCertain statements in this press release are forward-looking, as defined in\nthe Private Securities Litigation Reform Act of 1995. In some cases, you can\nidentify forward-looking statements by the following words: “believe,”\n“may,” “will,” “could,” “would,” “should,” “expect,”\n“intend,” “plan,” “anticipate,” “trend,” “estimate,”\n“predict,” “project,” “potential,” “seem,” “seek,”\n“future,” “outlook,” “forecast,” “projection,” “continue,”\n“ongoing,” or the negative of these terms or other comparable terminology,\nalthough not all forward-looking statements contain these words. These\nstatements involve risks, uncertainties, and other factors that may cause\nactual results to differ materially from the information expressed or implied\nby these forward-looking statements and may not be indicative of future\nresults. These forward-looking statements are subject to a number of risks and\nuncertainties, including, among others, various factors beyond management’s\ncontrol, including the risks discussed under the caption “Item 1A. Risk\nFactors” in Part I of our most recent Annual Report on Form 10-K or any\nupdates discussed under the caption “Item 1A. Risk Factors” in Part II of\nour Quarterly Reports on Form 10-Q and in our other filings with the SEC.\nUndue reliance should not be placed on the forward-looking statements in this\npress release in making an investment decision, which are based on information\navailable to us on the date hereof. We undertake no duty to update this\ninformation unless required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261015801194/en/\n(https://www.businesswire.com/news/home/20261015801194/en/)\n\nD-Wave Media Contact: \n\nAlex Daigle\n\nmedia@dwavesys.com (mailto:media@dwavesys.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7JnyLSa-20261015","title":"D-Wave Delivers Italy’s First Annealing Quantum Computer","author":"Business Wire","ticker":"QBTS","created":"2026-10-15T11:00:00.766Z","tickers":["QBTS"],"exchange":"NASDAQ","article_body":"D-Wave Delivers Italy’s First Annealing Quantum Computer\n\nArrival of 4,400+ qubit Advantage2 system advances Q-Alliance’s efforts to\nexpand quantum computing access, accelerate Italian workforce development and\nsupport commercial and academic applications\n\nD-Wave Quantum Inc.\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dwavequantum.com%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=D-Wave+Quantum+Inc.&index=1&md5=a1409925e794116e285bee0198c3aa3e)\n(NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform\nquantum computing company providing annealing and gate-model systems, software\nand services, today announced at Digital Innovation Forum 2026\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fdigitalinnovationforum.it%2Fen%2Fhome-english%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=Digital+Innovation+Forum+2026&index=2&md5=896e3c5ca9905483caca46f965a9b440)\nthat its Advantage2(TM) annealing quantum computer has arrived in Lombardy,\nItaly, for installation at Villa Saporiti in Como. Funded by Swiss Quantum\nTechnology SA (“SQT”), the system, referred to within the Q-Alliance\necosystem as the VoltaB1, will give European researchers, universities and\nbusinesses access to powerful, production-grade annealing quantum computing\ntechnology once installed. Its arrival marks an important step in\nQ-Alliance’s work to turn Italy’s quantum ambitions into research\ncapabilities, practical applications and industrial opportunity.\n\nThe VoltaB1 Advantage2 annealing quantum computer will be formally inaugurated\nat Q-Alliance’s “Quantum per l’Italia\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fq-alliance.net%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=Quantum+per+l%26%238217%3BItalia&index=3&md5=473e351f7a2d561ef8100041ce2d0552)\n” event on October 16, at the historic Villa Saporiti. Held as part of the\nlead-up to the bicentennial of Alessandro Volta’s death, D-Wave CEO Dr. Alan\nBaratz will deliver remarks during the special ceremony, which includes\nrepresentatives from research, industry and government. The ceremony follows\nD-Wave’s momentous signing of the Volta Declaration at the World Tech\nConference in Milan in June 2026, which established a framework for\ncooperation on quantum, artificial intelligence and sovereign computing\ninfrastructure.\n\n“Bringing Italy’s first annealing quantum computer to Como marks a\nhistoric milestone toward making quantum computing a working capability for\nItalian innovation and industry,” said Dr. Baratz. “Italy has exceptional\nscientific talent and industrial strength. Together with SQT and Q-Alliance,\nwe can give Italian teams the technology and hands-on experience to tackle\ncomplex problems, develop applications that can move into production, and\nbuild expertise in the country. That is how quantum infrastructure becomes\nindustrial advantage.”\n\nThe system’s arrival follows a €10 million agreement between D-Wave and\nSQT to deploy an annealing quantum computer in Europe. Under the agreement,\nSQT acquired 50% of the system’s capacity for five years and holds an option\nto purchase the full system. Once operational, the Advantage2 system will be\naccessible through D-Wave’s Leap™\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dwavequantum.com%2Fsolutions-and-products%2Fcloud-platform%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=D%3Cstrong%3E-%3C%2Fstrong%3EWave%26%238217%3Bs+Leap%26%238482%3B&index=4&md5=d8304cea393cbfbd1c8d528b70fd3035)\nreal-time quantum cloud service, which offers 99.9% availability and uptime.\n\n“The arrival of the Advantage2 system in Lombardy puts physical\ninfrastructure behind our vision for Italian quantum innovation,” said\nThomas F. Darden, acting CEO, SQT. “Our investment is intended to connect\nresearchers and businesses with advanced computing resources, support the\ndevelopment of useful applications and help build the expertise that will\nsustain Italy’s role in the quantum economy.”\n\nFeaturing more than 4,400 qubits, the Advantage2 system is D-Wave’s most\nadvanced annealing quantum computer and has demonstrated the ability to\noutperform classical computing on a complex materials simulation problem that\nwould have taken one of the world’s most powerful classical supercomputers\nnearly one million years and the world’s annual electricity consumption to\nsolve. Today, some of the world’s largest organizations across aviation,\nmanufacturing, telecommunications and health care are using the Advantage2\nsystem to address real-world problems, spanning optimization, materials\nsimulation and artificial intelligence.\n\nAbout D-Wave Quantum Inc.\n\nD-Wave is a leader in the development and delivery of quantum computing\nsystems, software, and services. It is the world’s first commercial supplier\nof quantum computers, and the first and only to offer dual-platform quantum\ncomputing products and services, spanning both annealing and gate-model\nquantum computing technologies. D-Wave’s mission is to help customers\nrealize the value of quantum today through enterprise-grade systems available\non-premises and via its Leap™ quantum cloud service, which offers 99.9%\navailability and uptime. More than 100 organizations across commercial,\ngovernment and research sectors trust D-Wave to address complex computational\nchallenges using quantum computing. Learn more about realizing the value of\nquantum computing today and how D-Wave is shaping the quantum-driven\nindustrial and societal advancements of tomorrow:\nhttps://www.dwavequantum.com/\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.dwavequantum.com%2F&esheet=54622230&newsitemid=20261015801194&lan=en-US&anchor=https%3A%2F%2Fwww.dwavequantum.com%2F&index=5&md5=3649ce2904439d3f127e9d44f58d45d9)\n.\n\nD-Wave Forward-Looking Statements\n\nCertain statements in this press release are forward-looking, as defined in\nthe Private Securities Litigation Reform Act of 1995. In some cases, you can\nidentify forward-looking statements by the following words: “believe,”\n“may,” “will,” “could,” “would,” “should,” “expect,”\n“intend,” “plan,” “anticipate,” “trend,” “estimate,”\n“predict,” “project,” “potential,” “seem,” “seek,”\n“future,” “outlook,” “forecast,” “projection,” “continue,”\n“ongoing,” or the negative of these terms or other comparable terminology,\nalthough not all forward-looking statements contain these words. These\nstatements involve risks, uncertainties, and other factors that may cause\nactual results to differ materially from the information expressed or implied\nby these forward-looking statements and may not be indicative of future\nresults. These forward-looking statements are subject to a number of risks and\nuncertainties, including, among others, various factors beyond management’s\ncontrol, including the risks discussed under the caption “Item 1A. Risk\nFactors” in Part I of our most recent Annual Report on Form 10-K or any\nupdates discussed under the caption “Item 1A. Risk Factors” in Part II of\nour Quarterly Reports on Form 10-Q and in our other filings with the SEC.\nUndue reliance should not be placed on the forward-looking statements in this\npress release in making an investment decision, which are based on information\navailable to us on the date hereof. We undertake no duty to update this\ninformation unless required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261015801194/en/\n(https://www.businesswire.com/news/home/20261015801194/en/)\n\nD-Wave Media Contact: \n\nAlex Daigle\n\nmedia@dwavesys.com (mailto:media@dwavesys.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-15T11:00:01.222910251Z","server_sent_at_ms":1792062001222},"received_at":"2026-10-15T11:00:01.281Z","source_url":"https://www.businesswire.com/news/home/20261015801194/en/"},"analysis":{"id":"158247","press_release_id":"170036","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":[],"eventType":"operations_update","narrative":"D-Wave's Advantage2 annealing quantum computer, with more than 4,400 qubits, has arrived in Lombardy, Italy, for installation at Villa Saporiti in Como — Italy's first annealing quantum system.\n\nThe deployment is funded by Swiss Quantum Technology SA under a €10 million agreement in which SQT acquired 50% of the system's capacity for five years and holds an option to purchase the full system.\n\nOnce operational, the VoltaB1 system will be accessible via D-Wave's Leap cloud service, extending European commercial and academic reach for the company's annealing platform.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"International system delivery converts D-Wave's €10M SQT deal into installed European infrastructure."},"keyFigures":{"dealValueUsd":"€10 million","customDimensions":{"qubit_count":4400,"system_name":"VoltaB1 (Advantage2)","sqt_capacity_share":"50% of system capacity for five years"}},"quotedText":"Bringing Italy's first annealing quantum computer to Como marks a historic milestone toward making quantum computing a working capability for Italian innovation and industry","namedEntities":{"people":[{"name":"Dr. Alan Baratz","role":"CEO, D-Wave"},{"name":"Thomas F. Darden","role":"acting CEO, Swiss Quantum Technology SA"},{"name":"Alex Daigle","role":"D-Wave media contact"}],"products":["Advantage2","VoltaB1","Leap quantum cloud service"],"companies":[{"name":"D-Wave Quantum Inc.","ticker":"QBTS","relationship":"filer"},{"name":"Swiss Quantum Technology SA (SQT)","relationship":"customer/funding partner"},{"name":"Q-Alliance","relationship":"ecosystem partner"}],"dollarAmounts":[{"amount":"€10 million","context":"agreement between D-Wave and SQT to deploy an annealing quantum computer in Europe"}]},"materialImpact":{"score":2,"reasoning":"Delivery of Italy's first annealing quantum computer executes on the previously announced €10 million SQT agreement, evidencing commercial traction for Advantage2 systems abroad. It is a milestone on an already-disclosed deal, not new financial terms."},"tickerRelevance":{"others":[],"primary":"QBTS"},"globalImportance":30,"audienceRelevance":35,"eventTypeSecondary":[],"importanceComponents":{"novelty":"first annealing quantum computer in Italy","tickerTier":"small-cap retail favorite (quantum)","eventGravity":"milestone delivery on previously announced deal"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"D-Wave's Advantage2 annealing quantum computer, with more than 4,400 qubits, has arrived in Lombardy, Italy, for installation at Villa Saporiti in Como — Italy's first annealing quantum system.\n\nThe deployment is funded by Swiss Quantum Technology SA under a €10 million agreement in which SQT acquired 50% of the system's capacity for five years and holds an option to purchase the full system.\n\nOnce operational, the VoltaB1 system will be accessible via D-Wave's Leap cloud service, extending European commercial and academic reach for the company's annealing platform.","key_figures":{"dealValueUsd":"€10 million","customDimensions":{"qubit_count":4400,"system_name":"VoltaB1 (Advantage2)","sqt_capacity_share":"50% of system capacity for five years"}},"named_entities":{"people":[{"name":"Dr. Alan Baratz","role":"CEO, D-Wave"},{"name":"Thomas F. Darden","role":"acting CEO, Swiss Quantum Technology SA"},{"name":"Alex Daigle","role":"D-Wave media contact"}],"products":["Advantage2","VoltaB1","Leap quantum cloud service"],"companies":[{"name":"D-Wave Quantum Inc.","ticker":"QBTS","relationship":"filer"},{"name":"Swiss Quantum Technology SA (SQT)","relationship":"customer/funding partner"},{"name":"Q-Alliance","relationship":"ecosystem partner"}],"dollarAmounts":[{"amount":"€10 million","context":"agreement between D-Wave and SQT to deploy an annealing quantum computer in Europe"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-15T11:00:15.500Z","global_importance":30,"audience_relevance":35,"importance_components":{"novelty":"first annealing quantum computer in Italy","tickerTier":"small-cap retail favorite (quantum)","eventGravity":"milestone delivery on previously announced deal"}},"durationMs":5658,"modelName":"glm-5.3-flashx"}}