Form 8-K · Current Report · Filed 2026-06-30
D-Wave Quantum Receives $1.566M NSF Grant for Quantum Computing Project
D-Wave Quantum Inc. has been awarded a $1.566 million grant from the U.S. National Science Foundation (NSF) to support its role in the ERASE project, a collaborative effort aimed at developing foundational technologies for fault-tolerant quantum computing. This funding underscores the NSF's support for scalable, fault-tolerant quantum computing and highlights D-Wave's position as a key industry partner in advancing quantum innovation. The grant will enable D-Wave to provide its dual-rail gate-model quantum computing resources to researchers, supporting the development of technologies necessary for scaling gate-model quantum computing.
- Filer
- D-Wave Quantum Inc. QBTS · NYSE
- Filed
- Accession
- 0001907982-26-000093
- CIK
- 0001907982
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$23.83
Next session
-1.4%
Since filing
-24.1%
Latest close
$18.08
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Previous filings from QBTS reporting the same item, with the next session's move:
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Within 45 days of this filing, QBTS insiders reported 35 Form 4 transactions — net selling of $38.5M.
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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