D-Wave Quantum Targets Lucrative U.S. Defense Contracts in Strategic Pivot

D-Wave Quantum is shifting its commercial strategy with a clear objective: converting advanced quantum computing research into substantial government revenue. The company’s shares saw a pre-market increase of approximately 2.2% on Tuesday, trading near the $22.00 level, following an announcement of a significant strategic realignment focused on U.S. federal agencies. This move signals a deliberate transition from reliance on research grants to pursuing dedicated defense procurement budgets.

The core of this new direction is the launch of a dedicated subsidiary. This entity will be solely responsible for implementing quantum computing solutions within federal government bodies. The establishment of this specialized division underscores the company’s intent to formalize and accelerate Read more...