D-Wave finalized a definitive agreement with the U.S. Department of Commerce for up to $100 million to accelerate U.S. leadership in quantum computing, granting access to up to $100 million of U.S. CHIPS and Science Act funding to advance R&D for superconducting annealing and gate-model technology development.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. More than 100 organizations across commercial, government and research sectors trust us to address complex computational challenges using quantum computing. D-Wave is the world’s first commercial supplier of quantum computers and the only one providing both annealing and gate-model quantum technologies. Headquartered in Palo Alto, CA, 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 offers 99.9% availability and uptime. Explore how quantum computing can tackle your organization’s toughest problems. www.dwavequantum.com.