NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) — NetworkNewsAudio – DPCM Capital Inc. (New York Stock Exchange: XPOA) announces the availability of a broadcast titled “Quantum Computing Has Arrived.”
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The world may be on the cusp of a new generation of computing. Your name? Quantum computing. Like its forerunners, quantum computing does not have a single inventor or brand name; it is the collective product of decades of work by many of the brightest minds in science and technology. The infant industry is highly complex, employing various approaches to harness the power of quantum mechanics to solve challenges that classical computers simply cannot handle. . . .
DPCM Capital Inc. Class A (NYSE: XPOA) was formed as a special purpose acquisition company (SPAC) in 2020 with D-Wave Quantum Inc. (D-Wave Quantum), a wholly owned subsidiary of DPCM Capital and the anticipated parent company of D-Wave and DPCM Capital after the Business Combination. . . . D-Wave is a proven leader in quantum computing systems, software and services, and the only quantum company building annealing and gate model quantum computers. And all of this is happening at a time when companies are beginning to explore quantum computing as a business advantage, a strategic priority, and a competitive edge.
About DPCM Capital Inc.
DPCM Capital, a special purpose acquisition company, on February 9, 2022, announced its entry into a definitive transaction agreement with D-Wave Systems Inc., a company with approximately 20 years of experience in pioneering quantum computers of superconducting annealing. Following the closing of the transaction, shares of D-Wave Quantum Inc., which will be the newly formed parent company of D-Wave Systems and DPCM Capital, are expected to trade on the NYSE under the symbol QBTS. Subject to the satisfaction of customary closing conditions, the transaction is expected to enhance D-Wave’s leadership in commercial quantum computing and accelerate quantum use cases in significant customer segments.
NOTE TO INVESTORS: The latest XPOA-related news and updates are available from the company’s newsroom at https://ibn.fm/XPOA
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