D-Wave Wins $1.6M NSF Grant for Fault-Tolerant Quantum Computing

D-Wave Quantum Inc. (NYSE: QBTS), the only dual-platform quantum computing company offering both annealing and gate-model systems, software, and services, has been awarded a $1,566,250 grant from the U.S. National Science Foundation (NSF) through its National Quantum Virtual Laboratory (NQVL) program. The funding will support D-Wave’s role as a key industry partner in the ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) project, which focuses on developing foundational technologies for fault-tolerant quantum computing and strengthening U.S. leadership in quantum innovation. Led by Yale University, ERASE brings together researchers from leading academic institutions and industry organizations to advance dual-rail gate-model quantum computing hardware, software, error correction, and applications. D-Wave, through its New-Haven, Connecticut-based subsidiary Quantum Circuits, LLC, will provide ERASE researchers access to its superconducting dual-rail gate-model quantum computing resources.

The award moves ERASE into the second phase of the NQVL program, underscoring the NSF’s continued support for scalable, fault-tolerant quantum computing. Dr. Alan Baratz, CEO of D-Wave, highlighted the national importance of accelerating progress toward scalable, fault-tolerant quantum computing and emphasized that D-Wave’s dual-rail technology can play a meaningful role in that effort, while building the technical foundation and skilled workforce needed to sustain U.S. leadership in quantum computing. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers, as well as the first and only to offer dual-platform quantum computing products and services spanning both annealing and gate-model technologies. The company’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 offers 99.9% availability and uptime. Over 100 organizations across commercial, government, and research sectors trust D-Wave to address complex computational challenges using quantum computing. For more details, visit the full press release here.