D-Wave Quantum Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 15, 2025
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Item 7.01 Regulation FD Disclosure.
On October 15, 2025 at Digital Innovation Forum - ComoLake 2025, D-Wave Quantum Inc. (“D-Wave”) announced an agreement with Swiss Quantum Technology SA (“SQT”) to deploy a D-Wave Advantage2TM annealing quantum computer in Europe. The agreement represents a €10M QCaaS commitment from SQT over approximately five years, with an option to purchase the system.
Capable of solving complex computational problems beyond the reach of classical computers, the placement of this Advantage2 system also supports the newly formed Q-Alliance, an initiative that empowers Italy with new global infrastructure in quantum computing to support the country’s Digital Transformation future. The Advantage2 system funded by SQT will be accessible to customers via D-Wave's Leap™ real-time quantum cloud service. Featuring D-Wave’s most advanced quantum processor to date, the 4,400+ qubit Advantage2 system is a powerful and energy-efficient quantum computer designed to facilitate quantum and hybrid quantum applications for production deployment.
According to D-Wave’s CEO, Dr. Alan Baratz, this agreement with SQT is an important milestone in D-Wave’s ongoing effort to expand global access to its fleet of annealing quantum computers, and to help its rapidly growing customer base solve computationally complex problems faster and more efficiently. In addition, SQT’s CEO, Enrico De Mitri, stated that traditional computing is reaching its limits – not just in performance but in energy efficiency. SQT believes D-Wave’s technology could be essential in delivering powerful solutions with a significantly smaller energy footprint. A copy of the press release is attached as Exhibit 99.1.
The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| Press release, dated October 15, 2025. | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 15, 2025 | D-Wave Quantum Inc. | |||||||
| By: | /s/ Alan Baratz | |||||||
| Name: | Alan Baratz | |||||||
| Title: | President & Chief Executive Officer | |||||||