• The three parties signed an MOU focusing on research collaboration, education, and commercial use case development.
• MOU facilitates the organizations’ efforts towards the acquisition of a D-Wave Advantage2(TM) system at the Yonsei University International Campus.
• The collaboration aims to advance mutual research and talent development for quantum computing, provide access to D-Wave’s quantum computing technology, and explore the development of use cases in biotechnology, materials science and other areas.

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has entered into a strategic partnership with Yonsei University and Incheon Metropolitan City designed to accelerate quantum computing adoption and commercialization in South Korea. The company announced the signing of a memorandum of understanding (“MOU”) on June 17, outlining plans for quantum computing research, education, and collaboration (https://ibn.fm/0NaSv).

A central aim of the initiative is to facilitate the acquisition of a D-Wave Advantage2 system at Yonsei University’s International Campus in Songdo, Incheon. Installing such a system in South Korea would mark a step forward in the region’s broader quantum infrastructure ambitions. Under the terms of the…

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NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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