D-Wave Systems Inc. is a Canadian quantum computing company, based in Burnaby, British Columbia, Canada. D-Wave was the world's first company to sell computers to exploit quantum effects in their operation. D-Wave's early customers include Lockheed Martin, University of Southern California, Google/NASA and Los Alamos National Lab. In 2015, D-Wave's 2X Quantum Computer with more than 1,000 qubits was installed at the Quantum Artificial Intelligence Lab at NASA Ames Research Center. They have subsequently shipped systems with 2,048 qubits. In 2019, D-Wave announced a 5000-qubit system available mid-2020, using their new Pegasus chip with 15 connections per qubit. D-Wave does not implement a generic quantum computer; instead, their computers implement specialized quantum annealing. However, D-Wave announced plans in 2021 that they will work on universal gate-base quantum computers as well in the future. History D-Wave was founded by Haig Farris (former chair of board), Geordie Rose (former CEO/CTO), Bob Wiens (former CFO), and Alexandre Zagoskin (former VP Research and Chief Scientist). Farris taught a business course at the University of British Columbia (UBC), where Rose obtained his PhD, and Zagoskin was a postdoctoral fellow. The company name refers to their first qubit designs, which used d-wave superconductors. D-Wave operated as an offshoot from UBC, while maintaining ties with the Department of Physics and Astronomy. It funded academic research in quantum computing, thus building a collaborative network of research scientists. The company collaborated with several universities and institutions, including UBC, IPHT Jena, Université de Sherbrooke, University of Toronto, University of Twente, Chalmers University of Technology, University of Erlangen, and Jet Propulsion Laboratory. These partnerships were listed on D-Wave's website until 2005. In June 2014, D-Wave announced a new quantum applications ecosystem with computational finance firm 1QB Information Technologies (1QBit) and cancer research group DNA-SEQ to focus on solving real-world problems with quantum hardware. On May 11, 2011, D-Wave Systems announced D-Wave One, described as "the world's first commercially available quantum computer", operating on a 128-qubit chipset using quantum annealing (a general method for finding the global minimum of a function by a process using quantum fluctuations) to solve optimization problems. The D-Wave One was built on early prototypes such as D-Wave's Orion Quantum Computer. The prototype was a 16-qubit quantum annealing processor, demonstrated on February 13, 2007, at the Computer History Museum in Mountain View, California. D-Wave demonstrated what they claimed to be a 28-qubit quantum annealing processor on November 12,