D-Wave Receives Additional Federal Funding Through NORDTECH
D-Wave Quantum Inc. (NYSE: QBTS) has received a portion of over $25 million in funding from NORDTECH for its subsidiary, Quantum Circuits, to advance superconducting qubit fabrication and system scaling. This follows earlier government support including a $100 million award from the U.S. Department of Commerce aimed at developing D-Wave's gate-model and annealing technologies.
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Topics: D-Wave acquisition government funding quantum computing