D-Wave Quantum Partners with South Korea to Advance Quantum Computing

D-Wave Quantum Inc. (NYSE:QBTS) is one of the best-performing NYSE stocks to buy now. On June 17, D-Wave Quantum announced the signing of a Memorandum of Understanding/MOU with Yonsei University and Incheon Metropolitan City in South Korea. The agreement aims to accelerate the adoption of quantum computing in the region to support South Korea’s ambition to become a global quantum technology hub.

The MOU outlines a collaborative effort focused on mutual research, talent development, and the exploration of quantum computing. A key aspect of the collaboration is to facilitate the acquisition of a D-Wave Advantage2 quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon. The Advantage2 system is D-Wave’s sixth-generation annealing quantum computer and features over 4,400 qubits, 20-way connectivity, and improvements in energy scale and noise reduction.

D-Wave is recognized as the world’s first commercial supplier of quantum computers. The company’s quantum systems are available on-premises or via the cloud with 99.9% availability and uptime, and have processed over 200 million problems to date. More than 100 organizations currently utilize D-Wave’s technology. Yonsei University also constructed its Quantum Convergence Research Center in February 2025 and established a Yonsei Quantum Complex for quantum education and research.

D-Wave Quantum Inc. (NYSE:QBTS) develops and delivers quantum computing systems, software, and services worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.