D-Wave to Receive $1.5 Million Grant through NSF Project

Insider Brief

D-Wave has been selected to receive a $1.57 million grant from the U.S. National Science Foundation to support the ERASE project, which focuses on advancing fault-tolerant quantum computing.

Through its Quantum Circuits subsidiary, D-Wave will provide researchers with access to its superconducting dual-rail gate-model quantum computing platform for work on software, compilers, and quantum error correction.

The project, led by Yale University, also aims to strengthen quantum workforce development and supports broader U.S. efforts to advance scalable quantum computing technologies.

Press release – D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today 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 (Erasure Qubits and Dynamic Circuits for Quantum Advantage) – a project focused on developing foundational technologies for fault-tolerant quantum computing and strengthening U.S. leadership in quantum innovation.