D-Wave finalizes $100M U.S. Commerce agreement to advance quantum R&D
The deal provides CHIPS and Science Act funding for annealing and gate-model systems, granting the government a non-controlling equity stake.
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Annealing and gate-model quantum computing technology and services
dwavequantum.comLast updated
In short: D-Wave secured $100 million in federal funding, reported record bookings growth, and unveiled a roadmap to 100 logical qubits by 2032.
The deal provides CHIPS and Science Act funding for annealing and gate-model systems, granting the government a non-controlling equity stake.
Senior vice president Greg Golkov will temporarily assume the role following the executive’s retirement after five years at the firm.
The veteran technology finance executive joins the board to provide financial leadership, governance experience, and strategic insight as the company scales.
The funding supports next-generation algorithms and open-source software for Advantage2 annealers, enabling larger optimization problems.
D-Wave Quantum (QBTS) stock is down 40% in 2026 after a Q2 revenue miss, but a $100M government deal and 116% analyst upside ...
Detailed price information for D-Wave Quantum Inc (QBTS-Q) from The Globe and Mail including charting and trades.
D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, announced...
The U.S. government is taking minority stakes in three quantum computing companies in exchange for CHIPS and Science Act funding.
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