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D-Wave Secures Year 2 Microelectronics Commons Funding for Scalable Superconducting Qubit Fabrication

D-Wave Quantum Inc. (NYSE: QBTS), alongside its specialized subsidiary Quantum Circuits, LLC (QCI), has been awarded its second year of federal research allocation for the Improved Materials for Superconducting Qubits with Scalable Fabrication (SQFab) project. Orchestrated by the Northeast Regional Defense Technology Hub (NORDTECH), the initiative is one of four regional microelectronics programs selected by the U.S. Department of War (DOW) for continued execution. The SQFab project is slated to receive $5,400,000 out of a broader $25.53 million hub-wide Year 2 funding cycle. This brings total cumulative investment across NORDTECH’s quantum and commercial leap-ahead technology tranches to $55.43 million, directly supporting the U.S. CHIPS and Science Act mandate to accelerate domestic semiconductor prototyping pipelines.