DPCM Capital, Inc.
XPOA-UN
New York Stock Exchange8.85
USD
- -
- -
CIK
0001821742
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Emil Michael
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 382 NE 191 Street Miami FL United States of America 33179-3899
- IPO Date
- Oct 21, 2020
- CIK
- 0001821742
- Website
- dpcmcapital.com
- Similar Companies
- Business
- DPCM Capital, Inc. operates as a special purpose acquisition company (SPAC) primarily established to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations. Founded to pursue transformative acquisitions, DPCM Capital is headquartered in Miami, Florida. The company's most significant recent development is its business combination with D-Wave Systems Inc., completed in August 2022, whereby D-Wave became a wholly-owned subsidiary. This transaction marked a strategic shift from DPCM Capital’s original blank check operations to becoming a publicly traded quantum computing company under the ticker XPOA. Post-merger, DPCM Capital, through D-Wave, focuses on the development and delivery of quantum computing systems, software, and services. Core products encompass annealing and gate-model quantum computers, quantum software platforms, developer tools, and real-time quantum cloud services. The company provides Quantum Computing as a Service (QCaaS) alongside professional services designed to accelerate the deployment of hybrid quantum applications for industries including manufacturing, logistics, pharmaceuticals, finance, and government sectors. D-Wave’s offerings address complex optimization problems and operate across multiple use cases such as supply chain optimization, scheduling, cybersecurity, artificial intelligence, and materials science. Recent strategic initiatives include partnerships and collaborations with major industry players and government agencies to expand quantum computing applications globally. DPCM Capital (via D-Wave) leverages a strong patent portfolio and a blue-chip customer base featuring companies like NEC Corporation, Volkswagen, and Lockheed Martin. The company continues to innovate with a dual-product approach—advancing both annealing and gate-model quantum architectures—to capture the full quantum computing market projected at $150 billion. This positioning aims at becoming a leader in the commercial quantum computing market, advancing product development, and scaling quantum solutions for diverse global clients. DPCM Capital’s transition from a blank-check entity to a tech-focused public company through the merger with D-Wave exemplifies a significant operational and strategic evolution within the last two years. The company maintains operations primarily in North America with growing international customer engagement. Its market strategy targets enterprises and governments investing in next-generation computing technologies for competitive advantage and innovation. The company’s foundation and headquarters, combined with D-Wave’s technological assets and ongoing business expansions, underpin its leadership aspirations in the quantum computing industry.