D-Wave Quantum Inc. (NYSE: QBTS), the only company offering both annealing and gate-model quantum computing systems, announced it has been selected to receive a $1,566,250 grant from the U.S. National Science Foundation (NSF) through the 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 provide 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.”
The grant is part of a broader effort by the NSF to invest in quantum research and development, recognizing the strategic importance of quantum technologies for economic and national security. Quantum computing has the potential to revolutionize industries by solving complex problems that are intractable for classical computers, from drug discovery to climate modeling. D-Wave's dual-platform approach, offering both annealing and gate-model systems, positions the company uniquely to contribute to the development of fault-tolerant quantum computers.
D-Wave is a leader in quantum computing systems, software, and services, and is the world's first commercial supplier of quantum computers. The company'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. More than 100 organizations across commercial, government, and research sectors trust D-Wave to address complex computational challenges.
“This grant not only validates D-Wave’s technological approach but also reinforces the importance of public-private partnerships in advancing quantum computing,” Baratz added. The ERASE project aims to develop fault-tolerant quantum computing systems that can operate with low error rates, a critical step toward practical quantum advantage. By participating in this project, D-Wave is helping to build the skilled workforce and technical foundation necessary for sustained U.S. leadership in quantum computing.
For more information about D-Wave and its quantum computing solutions, visit https://www.dwavequantum.com. To view the full press release, see https://ibn.fm/5um9O.
