Swiss Quantum Technology SA has entered into a significant agreement with D-Wave Quantum Inc. to deploy a D-Wave Advantage2 annealing quantum computer in Europe, representing a €10 million multi-year quantum computing as a service commitment. The placement of this SQT-funded system will support Italy's newly formed Q-Alliance, an initiative focused on establishing the country's quantum leadership position in the global technology landscape. This deployment marks a substantial investment in Europe's quantum computing capabilities and represents a strategic move to enhance computational infrastructure across the continent.
The Advantage2 system, featuring D-Wave's most advanced quantum processor with over 4,400 qubits, is designed as a powerful and energy-efficient quantum computer capable of solving complex computational problems beyond the reach of classical computers. This technology will be accessible to customers through D-Wave's Leap real-time quantum cloud service, facilitating quantum and hybrid quantum applications for production deployment across various industries. The system's advanced capabilities position it as a critical resource for organizations seeking to leverage quantum computing for complex problem-solving and innovation.
Dr. Alan Baratz, CEO of D-Wave, emphasized the importance of this agreement, stating that it represents a milestone in the company's ongoing effort to expand global access to their fleet of annealing quantum computers. As Europe extends its quantum leadership, we believe that D-Wave's production-grade annealing quantum computing technology will serve as a critical component, fueling quantum application development and adoption now, Baratz explained. The agreement includes an option for SQT to purchase the system outright, providing flexibility in their long-term quantum computing strategy. This flexibility ensures that Swiss Quantum Technology can adapt to evolving market conditions and technological advancements.
This deployment marks a significant step in Europe's quantum computing infrastructure development, particularly through Italy's Q-Alliance initiative. The system's capability to handle computationally complex problems faster and more efficiently than traditional computing methods positions it as a valuable resource for organizations across multiple sectors. With over 200 million problems already submitted to D-Wave's quantum systems to date, the company has established itself as a trusted provider for addressing use cases spanning optimization, artificial intelligence, and research applications. More information about D-Wave's quantum computing capabilities can be found at https://www.dwavequantum.com. The extensive problem-solving history demonstrates the practical applicability and reliability of D-Wave's quantum computing solutions in real-world scenarios.
