Swiss Quantum Technology Invests €10M in D-Wave Advantage2 Quantum Computer Deployment in Europe

Swiss Quantum Technology SA has signed a €10 million multi-year agreement with D-Wave Quantum Inc. to deploy the company's Advantage2 annealing quantum computer in Europe. The agreement represents a significant investment in quantum computing as a service (QCaaS) and includes an option for SQT to purchase the system outright. This deployment marks a strategic expansion of D-Wave's quantum computing infrastructure in the European market.

The placement of the SQT-funded Advantage2 system directly supports Italy's newly formed Q-Alliance, an initiative focused on establishing the country's leadership in quantum technologies. The 4,400+ qubit Advantage2 system, which D-Wave describes as its most advanced quantum processor to date, is designed to solve complex computational problems that exceed the capabilities of classical computers. Customers will be able to access the system through D-Wave's Leap real-time quantum cloud service, facilitating broader adoption of quantum computing applications.

Dr. Alan Baratz, CEO of D-Wave, emphasized the significance of this agreement in the company's global expansion strategy. "The agreement with SQT is an important milestone in our ongoing effort to expand global access to our fleet of annealing quantum computers and to help our rapidly growing customer base solve computationally complex problems faster and more efficiently," Baratz stated. He further noted that "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."

The Advantage2 system is engineered as both powerful and energy-efficient, specifically designed to facilitate quantum and hybrid quantum applications for production deployment. This deployment comes at a time when European nations are increasingly investing in quantum technologies to maintain competitiveness in the global technology landscape. The system's placement through SQT's investment provides European researchers, businesses, and institutions with enhanced access to cutting-edge quantum computing resources that can address optimization challenges, artificial intelligence applications, and complex research problems.

This development represents a substantial commitment to advancing Europe's quantum computing infrastructure and aligns with broader European Union initiatives to strengthen technological sovereignty in critical computing domains. The availability of production-grade quantum computing through cloud access lowers barriers for organizations seeking to explore quantum solutions for their most challenging computational problems. For more detailed information about D-Wave's quantum computing systems and services, visit https://www.dwavequantum.com.