D-Wave to Receive $1.5 Million Grant Through NSF Project to Strengthen U.S. Quantum Computing Leadership

About this update from D-wave Quantum Inc.

D-Wave to provide its dual-rail gate-model quantum computing technology for NSF project focused on foundational technologies for fault-tolerant quantum computing PALO ALTO, Calif., June 30, 2026--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), ("D-Wave" or the "Company"), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced it has been selected to receive a $1,566,250 grant from the U.S. National Science Foundation (NSF) through the agency's National Quantum Virtual Laboratory (NQVL) program. The funding will support D-Wave's role as a key industry partner in ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) – a project focused on developing foundational technologies for fault-tolerant quantum computing and strengthening U.S. leadership in quantum innovation. Led by Yale University, the ERASE project 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 give 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 and underscores the NSF's continued support for the project's approach to scalable, fault-tolerant quantum computing. "NSF's continued support for the ERASE project highlights the national importance of accelerating progress toward scalable, fault-tolerant quantum computing," said Dr. Alan Baratz, CEO of D-Wave. "We believe 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." Through selected development interfaces and APIs, ERASE researchers will be able to explore new software, compiler, and error-correction approaches on D-Wave's platform, supporting the development of technologies needed to scale gate-model quantum computing. The project will also broaden workforce development efforts with academic and industry partners, helping strengthen the talent pipeline for quantum technologies. "We believe that some of the most important breakthroughs in quantum computing will com...

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