other material
confidence high
sentiment positive
materiality 0.50
D-Wave receives $1.57M NSF grant for fault-tolerant quantum computing project
D-Wave Quantum Inc.
- Grant of $1,566,250 from NSF's NQVL program for ERASE project led by Yale University.
- D-Wave provides dual-rail gate-model quantum resources through subsidiary Quantum Circuits, LLC.
- Award moves ERASE into second phase of NQVL; supports scalable fault-tolerant quantum computing.
- Builds on prior $100M proposed CHIPS and Science Act funding LOI announced by D-Wave.
- Project includes workforce development and strengthens U.S. quantum computing leadership.