Jun. 30 at 11:50 AM
$QBTS D-Wave Quantum to receive
$1.5M grant through NSF project
D-Wave Quantum announced it has been selected to receive a
$1,566,250 grant from the U.S. National Science Foundation, NSF, through the agency's National Quantum Virtual Laboratory, NQVL, program. The funding will support D-Wave's role as a key industry partner in ERASE - a project focused on developing foundational technologies for fault-tolerant quantum computing and strengthening U.S. leadership in quantum innovation. "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."