- D-Wave and Davidson revealed new joint applications focused on interceptor assignment and optimized radar scheduling at the recent Space and Missile Defense Symposium
- The companies are working together to advance intelligent technology solutions for the defense and aerospace industries, creating applications that could support a variety of mission objectives
D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has announced that progress has been made in a collaboration with Davidson Technologies, Inc., a technology services company that provides innovative engineering, technical, and management solutions for the Department of Defense, aerospace, and commercial customers. The collaboration between D-Wave and Davidson is intended to create solutions that advance national defense efforts. Both companies were present at the Space and Missile Defense Symposium, revealing that together, they have built two applications – focusing on interceptor assignment and optimized radar scheduling (https://ibn.fm/XU9oE).
The interceptor assignment application is designed to mitigate potential attacks and can take into account multiple complex variables. These include missile capability in negating threats, a balanced allocation of missiles to threats, and the availability of resources to help quickly identify potential…
NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS
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 collaboration between D-Wave and Davidson and the results thereof. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; D-Wave’s ability to expand D-Wave’s customer base and the customer adoption of D-Wave’s 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 D-Wave’s 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 D-Wave’s products; the effects of competition on D-Wave’s business; the risk that we will need to raise additional capital to execute D-Wave’s 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 D-Wave’s intellectual property; volatility in the price of D-Wave’s securities; the risk that D-Wave’s 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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