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Form 8-K · Current Report · Filed 2026-05-26

D-Wave Quantum Awarded Second Year Funding for Superconducting Qubits Project

On May 26, 2026, D-Wave Quantum Inc. announced that it has been awarded second year funding for the Improved Materials for Superconducting Qubits with Scalable Fabrication (SQFab) project by the Northeast Regional Defense Technology Hub (NORDTECH). This award supports D-Wave's role in advancing scalable superconducting qubit fabrication and next-generation U.S. microelectronics capabilities. The SQFab project, awarded to D-Wave subsidiary Quantum Circuits, LLC, is one of four innovative programs selected by the U.S. Department of War (DOW) through NORDTECH, a regional consortium of non-profit accessible semiconductor R&D facilities, government labs, defense companies, academic institutions, and technology manufacturing organizations in and around New York State. NORDTECH is one of eight hubs composing the U.S. Microelectronics Commons program, which is a DOW initiative executed through the Naval Surface Warfare Center Crane Division and managed by the National Security Technology Accelerator (NSTXL). The four programs are collectively receiving more than $25 million in second year funding after achieving key first-year benchmarks by demonstrating significant results in the design, fabrication, and characterization of key quantum computing components. D-Wave's project aims to improve materials for superconducting qubits with scalable fabrication methods, supporting the development and advancement of next-generation microelectronics capabilities from research to manufacturing.

Filer
D-Wave Quantum Inc. QBTS · NYSE
Filed
Accession
0001907982-26-000069
CIK
0001907982
Signal
Medium impactTechnology

Items reported

Item events

Reported Item

Strategic Partnership

Market reaction

Close before filing

$29.40

Next session

-6.5%

Since filing

-38.5%

Latest close

$18.08

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Previous filings from QBTS reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, QBTS insiders reported 33 Form 4 transactions — net selling of $38.1M.

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About D-Wave Quantum Inc.

D-Wave Quantum Inc. is a leading developer and provider of quantum computing systems, software, and services with a unique focus on addressing real-world complex computational challenges. As a pioneer in the commercial quantum computing space, the company is dedicated to advancing both hardware and software solutions to fuel new possibilities in data processing and optimization. D-Wave’s quantum systems are utilized across various industries, including manufacturing, logistics, pharmaceuticals, and financial services, fostering advancements in machine learning, modeling, and optimization problems. Notably, the company’s platform integrates with conventional computing systems, providing hybrid quantum solutions that enhance processing efficiency. D-Wave Quantum Inc.’s contributions are pivotal in steering the technological curve towards quantum advantage, allowing businesses and researchers to explore new horizons in computational capabilities. By offering quantum cloud services, the company lowers the barrier for organizations to access and benefit from cutting-edge quantum technology. Headquartered in Burnaby, Canada, D-Wave continues to be a significant player in the tech industry, aggressively pushing the boundaries of quantum computing and establishing itself as a key influencer in the evolution of computing paradigms.

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