D-Wave Quantum Inc. (NYSE: QBTS) announced the formation of a new business unit dedicated to driving the adoption of its quantum computing products and services within the U.S. government. The unit will be led by Jack Sears Jr., a seasoned government and public sector business executive with over 25 years of experience in developing and executing organizational growth strategies for companies serving the federal government in the defense and aerospace industries.
The newly established unit will support D-Wave's enterprise-wide U.S. government-related initiative. Sears will join D-Wave's executive team as vice president of U.S. government solutions. In his role, he will oversee government-related go-to-market efforts and application development, as well as the unique product development and customer support necessary for secure systems that meet federal requirements.
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. The company is the world's first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. D-Wave's quantum computers feature QPUs with sub-second response times and can be deployed on-premises or accessed through its quantum cloud service, which offers 99.9% availability and uptime.
More than 100 organizations trust D-Wave with their toughest computational challenges, with over 200 million problems submitted to its quantum systems to date. The company's technology is applied to address use cases spanning optimization, artificial intelligence, research, and more.
The formation of this business unit comes at a time when the U.S. government is increasingly interested in quantum computing for national security and scientific advancement. By establishing a dedicated unit, D-Wave positions itself to better address the specific needs of federal agencies, including security requirements and compliance with federal regulations.
For more information, visit the full press release at https://ibn.fm/V6heJ. The latest news and updates relating to QBTS are available in the company's newsroom at https://ibn.fm/QBTS.
