D Wave Quantum (QBTS) Stock News

D-Wave (NYSE: QBTS) announced a $10 million, two-year enterprise Quantum Computing as a Service (QCaaS) agreement with a leading Fortune 100 company to collaborate on developing and deploying multiple quantum-powered applications.

The company described the contract as a milestone for annealing quantum computing enterprise adoption and positioned it as an endorsement of D-Wave's production-grade quantum technology. The release also invited investors and stakeholders to Qubits 2026 on January 27–28, 2026 in Boca Raton, Florida for further details.

D-Wave (NYSE: QBTS) announced that Florida Atlantic University has signed an agreement to purchase and install a $20 million Advantage2 annealing quantum computer at FAU's Boca Raton campus, with deployment expected later in 2026. The system will underpin a collaboration including a potential D-Wave Quantum Applications Academy, research, training and workforce development. The state of Florida and the city of Boca Raton are providing job growth and training incentives tied to the initiative. Separately, D-Wave said it will establish its new corporate headquarters at the Boca Raton Innovation Center to serve as a U.S. development hub.

D-Wave (NYSE: QBTS) announced a collaboration with Anduril and Davidson to develop quantum-classical hybrid applications for U.S. air and missile defense planning. An initial proof-of-concept compared classical-only methods to D-Wave's Stride™ hybrid solver on Advantage2™, finding at least 10x faster time-to-solution, a 9%–12% improvement in threat mitigation, and the ability to intercept an additional 45–60 missiles in a 500-missile simulation. Partners plan to expand work into contested logistics, scalable manufacturing, cyber defense, and courses-of-action generation to further test quantum-enabled optimization for defense scenarios.

D-Wave (NYSE: QBTS) selected Boca Raton, Florida for its new corporate headquarters and a U.S. R&D facility, with the company planning to complete the headquarters move from Palo Alto before the end of 2026. The HQ will be at the Boca Raton Innovation Center (BRiC) and will host core R&D, testing and support for D-Wave’s annealing systems. D-Wave also agreed to install an Advantage2 annealing quantum computer at Florida Atlantic University, backed by a $20 million FAU commitment. The move adds bicoastal redundancy and expands D-Wave’s North American R&D footprint.

D-Wave (NYSE: QBTS) reported major product and technology milestones at Qubits 2026 that advance its dual-platform strategy for annealing and gate-model quantum computing. Usage of Advantage2 systems rose 314% year-over-year and Stride hybrid solver usage increased 114% in six months. New annealing features—multicolor annealing and fast-reverse anneal—are available to select customers, and Stride now supports surrogate machine-learning models in optimization workflows. D-Wave cited the acquisition of Quantum Circuits and breakthroughs in on-chip cryogenic control as drivers of an accelerated gate-model roadmap, targeting an initial gate-model system in 2026.

D-Wave (NYSE: QBTS) completed its acquisition of Quantum Circuits Inc., creating a dual-platform quantum computing company that combines D-Wave’s commercial annealing systems with Quantum Circuits’ error-corrected superconducting gate-model technology.

The deal is intended to accelerate D-Wave’s gate-model roadmap, with an initial gate-model system planned for availability in 2026. Quantum Circuits contributes industry-leading dual-rail qubits designed to simplify error correction and improve fidelity and speed. D-Wave’s Advantage2 annealing systems remain commercial and deployed in production.

D-Wave (NYSE: QBTS) announced an agreement to acquire Quantum Circuits for a total purchase price of $550 million ($300 million in D-Wave common stock and $250 million in cash).

The deal combines D-Wave’s annealing systems, scalable superconducting control, and cloud platform with Quantum Circuits’ dual-rail error-detection gate-model technology. The combined company plans an initial dual-rail gate-model system to be generally available in 2026 and expects accelerated progress toward scaled, error-corrected gate-model products. Closing is expected in late January 2026, subject to HSR clearance and NYSE listing approval of issued shares.

D-Wave (NYSE: QBTS) announced a demonstrated breakthrough on January 6, 2026: scalable on-chip cryogenic control of gate-model qubits. The milestone shows D-Wave's multiplexed control technology—previously used in its annealing QPUs—to reduce wiring needed for large qubit counts without degrading qubit fidelity.

Key technical elements include a multichip package that integrates high-coherence fluxonium qubits with a multilayer control chip using superconducting bump bonding and cryogenic packaging, and fabrication work leveraging NASA Jet Propulsion Laboratory processes. The company said this enables smaller footprints for larger processors and noted further updates at Qubits 2026 (Jan 27–28, 2026).

D-Wave (NYSE: QBTS) will participate in CES 2026 as a sponsor of the CES Foundry on January 7–8, 2026 at the Fontainebleau Las Vegas.

D-Wave will showcase its award-winning annealing quantum systems, hybrid quantum-classical solvers, and customer use cases that demonstrate measurable performance benefits in areas such as manufacturing, supply chain, materials science, and telecommunications. Murray Thom will present a masterclass and demo on January 7, 1:00–1:30 PM PT. D-Wave will also host demos at booth FT12 and promote its Qubits user conference on January 27–28, 2026 in Boca Raton.