- The collaboration by VINCI Energies/DIANE, uptownBasel/ QuantumBasel, and D-Wave is an important step in sustainable building design
- Quantum-hybrid solution identified stronger HVAC network designs, outperforming the existing data-driven method
- D-Wave showcases the real-life impact of quantum computing through its client success stories, demonstrating the power of practical quantum computing today
A quantum proof of concept (“qPoC”) project has taken an important step in sustainable building design. The collaboration, spearheaded by VINCI Energies/DIANE, uptownBasel/QuantumBasel, and D-Wave Quantum (NYSE: QBTS) is focused on optimizing the design of heating, ventilation, and air conditioning (“HVAC”) systems for complex buildings (https://ibn.fm/V70wz).
The project’s first phase successfully transformed the complex HVAC network generation problem into a constrained quadratic model (“CQM”), potentially solvable by D-Wave’s quantum-classical hybrid solvers. This phase marked a clear step from traditional computational methods to a more innovative, quantum-classical hybrid approach.
The recently completed implementation and experimentation phase translated the CQM into Python code and was processed by D-Wave’s hybrid solvers. Utilizing both classical and quantum devices, these solvers identified superior HVAC network designs, outperforming the existing data-driven method in significant ways. The new approach yielded quicker solutions with shorter duct lengths and fewer construction elements.
Subject matter experts from VINCI Energies visually and manually inspected these solutions, which confirmed their superiority in terms of quality. These results were based on one representative building plan and diverse HVAC systems, setting the stage for broader application in the industry.
The interdisciplinary team was a crucial factor in this project’s success. Team members from Europe (Switzerland, France, Germany) and North America (Canada, USA) brought specialized knowledge and experience. This knowledge and experience resulted in rapid progress and efficient problem-solving as the team worked seamlessly through collaboration tools – demonstrating the power of virtual teamwork in achieving cutting-edge innovation.
As the project progresses, the focus will shift to translating these technical improvements into tangible business impacts, such as reduced computation time and less manual engineering effort. It stands as a testament to the power of collaborative innovation in driving sustainable and efficient solutions in building design. This marks another important step towards a more sustainable future: human expertise and technology join forces to create environmentally friendly and cost-effective building solutions.
D-Wave owns one of the industry’s largest quantum computer intellectual property portfolios, including more than 210 issued US patents. The company has published more than 100 peer-reviewed papers in leading scientific journals.
As a pioneer in quantum computing, D-Wave is helping its customers solve problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, and financial modeling – and now HVAC design. The company’s relentless pursuit of practical quantum computing has resulted in the technology being used by some of the world’s most advanced enterprises. Commercial customers have included blue-chip industry leaders like Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, Accenture, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin.
The company showcases the business applicability of real-world quantum and quantum-hybrid applications through its Customer Success Stories (https://ibn.fm/AuLtZ).
For more information, visit the company’s website at www.DWaveQuantum.com.
NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS
Forward Looking Statements
Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. Forward-looking statements in this press release include, but are not limited to, statements regarding the focus of the project as it progresses, and the impact of this project on progress towards a more sustainable future. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the focus of the project as it progresses; the impact that this project may have in terms of a more sustainable future; general economic conditions and other risks; the company’s ability to expand the company’s customer base and the customer adoption of the company’s solutions; risks within D-Wave’s industry, including anticipated trends, growth rates, and challenges for companies engaged in the business of quantum computing and the markets in which they operate; the outcome of any legal proceedings that may be instituted against the company; risks related to the performance of the company’s business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and/or timing thereof; the performance of the company’s products; the effects of competition on the company’s business; the risk that the company will need to raise additional capital to execute the company’s business plan, which may not be available on acceptable terms or at all; the risk that the company may never achieve or sustain profitability; the risk that the company is unable to secure or protect its intellectual property; volatility in the price of the company’s securities; the risk that the company’s securities will not maintain the listing on the NYSE; and the numerous other factors set forth in D-Wave’s Annual Report on Form 10-K for its fiscal year ended December 31, 2022 and other filings with the Securities and Exchange Commission. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. D-Wave undertakes no duty to update this information unless required by law.
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