D-Wave Quantum Inc. (NYSE: QBTS) announced it has been selected to receive a $1,566,250 grant from the U.S. National Science Foundation (NSF) through the National Quantum Virtual Laboratory (NQVL) program. The funding will support D-Wave’s role in the ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) project, which focuses on developing foundational technologies for fault-tolerant quantum computing and strengthening U.S. leadership in quantum innovation.
Led by Yale University, the ERASE project brings together researchers from leading academic institutions and industry organizations to advance dual-rail gate-model quantum computing hardware, software, error correction, and applications. D-Wave, through its New-Haven, Connecticut-based subsidiary Quantum Circuits, LLC, will provide ERASE researchers access to its superconducting dual-rail gate-model quantum computing resources. The award moves ERASE into the second phase of the NQVL program and underscores the NSF’s continued support for the project’s approach to scalable, fault-tolerant quantum computing.
“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.”
The grant is part of a broader effort by the NSF to invest in quantum research through the NQVL program, which aims to create a national quantum computing infrastructure. D-Wave, as the only dual-platform quantum computing company providing both annealing and gate-model systems, is uniquely positioned to contribute to this initiative. The company’s dual-rail technology is a key component of the ERASE project, which seeks to overcome challenges in error correction and scalability.
This funding is significant for D-Wave as it continues to expand its role in the quantum computing ecosystem. The company has been a commercial supplier of quantum computers since its inception, and its Leap quantum cloud service offers 99.9% availability and uptime. The ERASE project will allow D-Wave to further demonstrate its dual-rail gate-model technology, which could be critical for achieving fault-tolerant quantum computing.
For more information, view the full press release at https://ibn.fm/5um9O.
