SOURCE: D-Wave Systems Inc.

D-Wave Systems Inc.

October 18, 2016 09:00 ET

D-Wave Forms Independent Subsidiary for U.S. Government Business

Prominent government and industry executives appointed to board of directors

WASHINGTON, DC--(Marketwired - Oct 18, 2016) - D-Wave Systems Inc., the world's first quantum computing company, announced the formation of D-Wave Government Inc., a U.S. subsidiary formed to provide D-Wave's quantum computer systems to the U.S. government. The company also announced the members of the subsidiary's independent board, which include prominent executives with deep experience at U.S. government agencies including the Department of Energy, the Department of Defense, the National Science Board, the Defense Science Board and the Intelligence Community.

Appointed to the board of D-Wave Government Inc. are:

  • Jeffrey K. Harris, board chair, has contributed to US national security in both government and industry for 40 years. At Lockheed Martin he was President of Special Programs and President of Lockheed Martin Missiles and Space. Before entering the private sector, Mr. Harris served as the Director of the National Reconnaissance Office and Assistant Secretary of the Air Force. Mr. Harris is also the chairman of the U.S. Geospatial Intelligence Foundation and serves on other boards and panels.
  • Dr. Delores Etter, who served as the Deputy Under Secretary of Defense for Science and Technology and Assistant Secretary of the Navy. She has been a member of the National Science Board and the Defense Science Board. Dr. Etter is currently on the faculty of Southern Methodist University in the Department of Electrical Engineering and has received numerous awards for her work.
  • Frances Fleisch, former Executive Director of the National Security Agency and special advisor to the U.S. Strategic Command. Ms. Fleisch earned Presidential Rank Awards several times and the National Intelligence Distinguished Service Medal and served in many key posts during a career of more than 30 years in government. 
  • Dr. Donald M. Kerr, whose long and distinguished career in government and private industry included serving as Principal Deputy Director of National Intelligence, Director of the National Reconnaissance Office, Deputy Director of the CIA for Science and Technology, Assistant Secretary of Energy and Director of the Los Alamos National Laboratory. Dr. Kerr is vice chairman of the MITRE Board of Trustees and serves on other boards and panels.
  • Vern Brownell, CEO of D-Wave Systems Inc. Before joining D-Wave in 2009, Mr. Brownell founded and held executive positions at Egenera, a pioneer of infrastructure virtualization, and at Goldman Sachs as the chief technology officer.
  • V. Paul Lee, board chair of D-Wave Systems Inc., and managing partner of Vanedge Capital. Mr. Lee was formerly the president of Electronic Arts, Inc. (EA), the global leader in interactive software.
  • Don Listwin, director of D-Wave Systems Inc., a venture technology investor and founder of the Canary Foundation, which is dedicated to the science and technology of early cancer detection. Mr. Listwin has over 25 years of operating experience including senior leaderships roles at Cisco Systems and CEO roles at Openwave Systems and Sana Security and is a consulting professor at Stanford University.

René Copeland, Director of Government Sales for D-Wave Systems Inc., was named president of D-Wave Government Inc. Mr. Copeland previously led sales to the U.S. government for SGI, Cray, Platform Computing and other firms. He earned a Bachelor of Science, Electrical and Electronics Engineering from the United States Military Academy, and an MBA from the University of Chicago. 

"We are truly honored that such an experienced and distinguished group of people have agreed to serve on the board of our D-Wave Government business," said Robert "Bo" Ewald, President D-Wave International. "As the only company bringing quantum computing to the real world today, we can enable solutions to the most complex technical, national defense and scientific problems that governments face. Our new organization and the board's guidance and support will be instrumental in helping us address those needs."

About D-Wave Systems Inc.

D-Wave Systems is the first quantum computing company. Its mission is to integrate new discoveries in physics, engineering, manufacturing, and computer science into breakthrough approaches to computation to help solve some of the world's most complex challenges. The company's quantum computers are built using a novel type of superconducting processor that uses quantum mechanics to massively accelerate computation. D-Wave's customers include some of the world's most prominent organizations, including Lockheed Martin, Google, whose system is hosted at NASA's Ames Research Center, and Los Alamos National Laboratory. With headquarters near Vancouver, Canada, D-Wave's U.S. operations are based in Palo Alto, California. D-Wave has a blue-chip investor base including Bezos Expeditions, BDC Capital, DFJ, Goldman Sachs, Growthworks, Harris & Harris Group, In-Q-Tel, International Investment and Underwriting, and Kensington Partners Limited. For more information, visit: www.dwavesys.com.