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 the ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) project, which focuses on developing foundational technologies for fault-tolerant quantum computing.
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 federal initiative to maintain U.S. competitiveness in quantum information science. The NQVL program aims to create a national quantum research infrastructure, and D-Wave's participation signals the company's strategic position in both the annealing and gate-model quantum computing markets. With over 100 organizations already using D-Wave's systems, this grant could accelerate the development of error-corrected quantum computers capable of solving problems beyond classical reach.
D-Wave's dual-rail technology, which encodes quantum information in pairs of superconducting qubits, offers a promising path to fault tolerance. By collaborating with academic partners in the ERASE project, D-Wave aims to demonstrate practical quantum advantage in the coming years. The company's quantum cloud service, Leap, provides 99.9% availability, making quantum resources accessible to researchers and enterprises alike.
The full press release is available at https://ibn.fm/5um9O. More information about D-Wave can be found at https://www.dwavequantum.com.
