Curated News
By: NewsRamp Editorial Staff
September 14, 2026
D-Wave Secures $100M CHIPS Act Funding for Quantum Leadership
TLDR
- D-Wave secures up to $100M in CHIPS Act funding to accelerate its dual-platform quantum leadership and market advantage.
- D-Wave's definitive agreement with the U.S. Department of Commerce provides access to $100M for scaling and commercializing quantum systems.
- D-Wave's $100M funding advances quantum computing for societal benefit, strengthening domestic supply chains and driving future innovation.
- D-Wave, the only dual-platform quantum computing company, now has access to $100M in U.S. government funding for quantum innovation.
Impact - Why it Matters
This funding bolsters U.S. quantum computing leadership, accelerates commercialization, and strengthens the domestic supply chain. It positions D-Wave to scale its dual-platform systems, benefiting customers and advancing national security and economic competitiveness in a critical technology sector.
Summary
D-Wave Quantum Inc. (NASDAQ: QBTS) has executed a definitive agreement with the U.S. Department of Commerce, securing access to up to $100 million in funding under the U.S. CHIPS and Science Act. This follows a previously announced Letter of Intent, marking a significant milestone for the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services.
Dr. Alan Baratz, CEO of D-Wave, expressed gratitude for the award, emphasizing that U.S. quantum leadership requires not only breakthrough research but also the ability to scale, commercialize, and manufacture these technologies. He noted that the funding will help expand domestic quantum capabilities, strengthen the supply chain, and bring increasingly powerful quantum systems to market. D-Wave’s mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which boasts 99.9% availability and uptime. More than 100 organizations across commercial, government, and research sectors trust D-Wave to address complex computational challenges.
This development underscores D-Wave’s leadership in the quantum computing industry and highlights the U.S. government’s commitment to advancing quantum innovation. For more details, visit the full press release at https://ibn.fm/XPNic.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, D-Wave Secures $100M CHIPS Act Funding for Quantum Leadership
