At its annual Qubits user conference held between 26-27 January, D-Wave Quantum Inc. made a series of announcements about the progress of the company on its business and technology fronts.
$10 million QCaaS deal
D-Wave has announced a $10 million, two-year enterprise Quantum Computing as a Service (QCaaS) agreement with a Fortune 100 company. Under the agreement, the companies plan to collaborate to develop and deploy several quantum-powered applications. No other details have been disclosed.
$20 million commitment from Florida Atlantic University for a quantum computer
The company has also signed an agreement with Florida Atlantic University (FAU) for the purchase and installation of its Advantage2TM annealing quantum computer at the university’s Boca Raton campus. Deployment is expected to take place later in 2026. D-Wave and FAU have also signed a Memorandum of Understanding (MOU) for a possible D-Wave Quantum Applications Academy, as well as support for research, training and workforce development initiatives.
Anduril, Davidson and D-Wave collaborate to develop quantum applications for US air and missile defense
In an initial proof-of-concept that used Anduril’s defense simulations, Davidson’s mission-domain modeling and secure-computing expertise, and D-Wave’s quantum computing technology, the companies evaluated complex missile-defense planning scenarios. Results demonstrated that while classical solvers performed effectively on smaller, less complex scenarios, the time to reach a solution increased significantly as problem size grew. By comparison, as problem complexity scaled, D-Wave’s Stride hybrid solver extended its performance lead over classical-only approaches, delivering at least 10x faster time-to-solution, a 9% to 12% improvement in threat mitigation, and the ability to intercept an additional 45–60 missiles in a 500-missile attack simulation.
In other news, D-Wave will move its corporate headquarters from Palo Alto, California, to Boca Raton, Florida. Boca Roca will also serve as the location of a key U.S. research and development (R&D) facility.
