D-Wave signs non-binding MOU with LG CNS to advance quantum optimization in Korea
D-Wave and South Korean AI company LG CNS signed a non-binding memorandum of understanding to advance adoption of D-Wave's annealing quantum computing for enterprise optimization in South Korea and internationally. The separate announcement that customer Shionogi won a NEDO Challenge prize is a collaboration milestone, and the filing gives no financial terms or revenue figures for either item.
Key points
- MOU with LG CNS announced October 28, 2026 at D-Wave's Qubits Asia conference in Seoul; it is non-binding.
- Companies plan joint applications for manufacturing, telecommunications, finance and retail customers and joint go-to-market efforts.
- Customer Shionogi won first place in the NEDO Challenge Quality of Life category, with a ¥40 million prize.
- In a Scientific Reports study, 97% of molecules generated by the quantum-assisted model were chemically valid, versus 73% for an equivalent classical model.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.