D-Wave $20M Advantage2 sale to FAU; defense solver 10x faster; usage up 314%

D-Wave Quantum Inc.

Signed $20M agreement with Florida Atlantic University to install an Advantage2 quantum computer in 2026.
Missile-defense proof-of-concept with Anduril and Davidson showed 10x faster time-to-solution and 9-12% better threat mitigation.
Customer usage of Advantage2 systems increased 314% YoY; Stride hybrid solver usage up 114% in last six months.
Plans to bring initial gate-model quantum system to market in 2026, leveraging Quantum Circuits acquisition.
Headquarters relocating from Palo Alto to Boca Raton, Florida by end of 2026; key R&D hub.

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