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Watch: Uber Alumnus, DPCM CEO Emil Michael and D-Wave Systems CEO Alan Baratz

IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with the President & CEO of D-Wave Systems Inc. and the Chairman & CEO of DPCM Capital, Inc. (NYSE: XPOA) to discuss the SPAC merger between D-Wave and DPCM, an overview of the company, market opportunity, technological advantages, growth opportunities, and the SPAC’s unique bonus pool structure. The event featured D-Wave President & CEO Alan Baratz and DPCM Capital Chairman & CEO Emil Michael joined by IPO Edge Editor-at-Large Jarrett Banks and Director of Research Alan Hatfield in a moderated video session lasting approximately 60 minutes.

CLICK HERE TO WATCH THE FULL REPLAY

About D-Wave Systems Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company developing both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s systems are being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s U.S. operations are based in Palo Alto, Calif. D-Wave has a blue-chip investor base that includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners, and In-Q-Tel.

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Messrs. Baratz and Michael discussed:

  • Why D-Wave chose the SPAC route and why now

  • An overview of D-Wave and what the company does

  • Market opportunity

  • Revenue forecast

  • D-Wave’s technological advantages/differences

  • Commercial use cases

  • Growth opportunities

  • SPAC bonus pool structure

About the Speakers:

Dr. Alan Baratz became the CEO of D-Wave in 2020. Previously, as Executive Vice President of R&D and Chief Product Officer, he drove the development, delivery, and support of all of D-Wave’s products, technologies, and applicati ons. He has over 25 years of experience in product development and bringing new products to market at leading technology companies and software startups. As the first president of JavaSoft at Sun Microsystems, Alan oversaw the growth and adoption of the Java platform from its infancy to a robust platform supporting mission-critical applications in nearly 80 percent of Fortune 1000 companies. He has also held executive positions at Symphony, Avaya, Cisco, and IBM. He served as CEO and president of Versata, Zaplet, and NeoPath Networks, and as a managing director at Warburg Pincus LLC. Alan holds a doctorate in computer science from the Massachusetts Institute of Technology.

Emil Michael is a strategic investor and advisor, currently serving as CEO of the blank check company DPCM Capital. From 2013-2017 Emil was Chief Business Officer at Uber where he led the company through a period of exponential growth. Across his many tech leadership roles Emil has been instrumental in the raise of tens of billions of dollars in capital, and the creation of hundreds of billions in value for technology businesses. Today, Emil is focused on facilitating private transactions and public market access for technology companies, and sharing his expertise with entrepreneurs on a larger scale.

Contact:

Alan Hatfield, Director of Research

ah@capmarketsmedia.com

Twitter: @IPOEdge

Instagram: @IPOEdge