Swiss Quantum Technology SA Signs €10M Agreement to Deploy D-Wave Advantage2 Quantum Computer in Europe

Swiss Quantum Technology SA has entered into 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 quantum computing as a service commitment from the Swiss company, with an option to purchase the system outright. This deployment marks an important expansion of D-Wave's quantum computing infrastructure in the European market and supports Italy's newly formed Q-Alliance initiative, which aims to establish the country's leadership in quantum technologies.

The Advantage2 system being deployed features D-Wave's most advanced quantum processor to date, containing over 4,400 qubits. This powerful and energy-efficient quantum computer is specifically designed to facilitate quantum and hybrid quantum applications for production deployment. According to Dr. Alan Baratz, CEO of D-Wave, the agreement with Swiss Quantum Technology SA represents an important milestone in the company's ongoing effort to expand global access to its fleet of annealing quantum computers. Baratz emphasized that as Europe extends its quantum leadership, D-Wave's production-grade annealing quantum computing technology will serve as a critical component in fueling quantum application development and adoption.

The placement of the SQT-funded Advantage2 system will be accessible to customers through D-Wave's Leap real-time quantum cloud service, providing European researchers and businesses with enhanced computational capabilities. The system is capable of solving complex computational problems that are beyond the reach of classical computers, offering significant potential for applications in optimization, artificial intelligence, and scientific research. This deployment comes at a time when European nations are increasingly investing in quantum technologies to maintain competitiveness in the global technology landscape.

The agreement underscores the growing commercial adoption of quantum computing technologies and represents a substantial commitment to advancing Europe's quantum computing infrastructure. The multi-year nature of the QCaaS commitment provides stability for ongoing quantum application development while the purchase option offers flexibility for long-term strategic planning. This deployment is expected to accelerate quantum application development across various industries in Europe, providing researchers and businesses with access to state-of-the-art quantum computing resources through D-Wave's established cloud platform at https://www.dwavequantum.com.

The collaboration between Swiss Quantum Technology SA and D-Wave represents a significant step in making production-grade quantum computing more accessible to European organizations. By supporting Italy's Q-Alliance initiative, this deployment contributes to the broader European quantum ecosystem and demonstrates the increasing commercial viability of quantum computing solutions. The availability of the Advantage2 system through D-Wave's cloud service will enable European customers to tackle computationally intensive problems that were previously impractical to solve using classical computing methods alone.