D-Wave Quantum Inc.

Item 7.01 Regulation FD Disclosure. On October 1, 2026, D-Wave Quantum Inc. (“D-Wave”) launched its gate-model quantum computing simulator beta program, marking an important milestone in D-Wave’s gate-model development roadmap. The beta program offers select customers early access to the simulator in advance of its general availability to experiment with error-aware programming and develop quantum applications in preparation for D-Wave’s forthcoming gate-model systems. The simulator is built around D-Wave’s dual-rail superconducting gate-model technology, which is designed to harness error detection to deliver efficient quantum error correction with significantly lower hardware overhead as systems scale. Participants in the simulator beta program include commercial and research organizations: BBVA, FirstQFM, Florida Atlantic University (FAU) and the Jülich Supercomputing Centre (JSC). According to Dr. Alan Baratz, CEO of D-Wave, quantum error correction is a defining challenge in the race to commercially useful gate-model quantum computing and, by giving leading organizations early access to D-Wave’s simulator, the Company is enabling them to explore a fundamentally more efficient approach to fault tolerance and the applications it is expected to unlock. A foundational element of the dual-rail architecture underpinning D-Wave’s simulator was recently validated in peer-reviewed research published in Nature. The research demonstrated a fast, high-fidelity two-qubit entangling gate that preserves the architecture’s inherent error-detection advantages. Beta customers will be able to explore this differentiated approach through the simulator, accessed via D-Wave’s Leap™ quantum cloud service and Ocean™ SDK. D-Wave also plans to offer flexible development bundles that combine access to the simulator and future gate-model systems with expert guidance to streamline onboarding and support research and development. A copy of the press release is attached as Exhibit 99.1. The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibit 99.1, is intended to be furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.