D-Wave Quantum (QBTS) Soars to New High on Real-World Quantum Computer Significance

We recently published 10 Stocks With Eye-Popping Double-Digit Gains. D-Wave Quantum Inc. (NYSE:QBTS) is one of the top performers on Friday.

D-Wave Quantum soared to another all-time high on Friday, as investors snapped up shares following news that police operations have improved from using one of its hybrid systems, solidifying the increasing real-world significance of quantum computing technologies.

In intra-day trading, D-Wave Quantum Inc. (NYSE:QBTS) jumped to as high as $33.28 before trimming gains to finish the day just up by 11.95 percent at $32.70 apiece.

This followed news on Thursday that its quantum computing technology helped improve the North Wales Police’s incident response capabilities by 50 percent after the latter leveraged its hybrid-quantum application to optimize the placement of police vehicles for emergency response.

D-Wave Quantum Inc. (NYSE:QBTS) said the partnership resulted in a faster, more accurate, and efficient solution than classical methods alone.

“As police forces increasingly rely on data-driven strategies to improve response times and coverage, hybrid-quantum computing can offer the speed, precision, and intelligence needed to identify optimal officer placements and enhance public safety,” said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz.

“Hybrid-quantum computing is beginning to show real-world potential across private and public sectors, and we’re thrilled to see the potential for it to make a meaningful impact in forward deployment with North Wales Police,” he noted.

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