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 as a key industry partner in the ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) project, which focuses on developing foundational technologies for fault-tolerant quantum computing.
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 give 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."
This grant is part of broader efforts by the U.S. government to maintain leadership in quantum computing, a field seen as critical for national security and economic competitiveness. The NQVL program aims to accelerate the development of quantum technologies by providing access to shared infrastructure and fostering collaboration between academia, industry, and national labs. D-Wave's involvement in ERASE positions the company at the forefront of fault-tolerant quantum computing, a key milestone for practical quantum advantage.
D-Wave is the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services. The company's dual-rail technology is a promising approach to building error-corrected quantum computers, which are essential for solving complex problems in areas such as materials science, cryptography, and drug discovery. The ERASE project specifically targets erasure qubits and dynamic circuits, which could lead to more efficient error correction and faster progress toward fault-tolerant systems.
The announcement comes as D-Wave continues to expand its presence in the quantum computing ecosystem. More than 100 organizations across commercial, government, and research sectors trust D-Wave to address complex computational challenges using quantum computing. The company's Leap quantum cloud service offers 99.9% availability and uptime, providing enterprise-grade access to quantum systems.
For more information on the NSF grant and D-Wave's role in the ERASE project, visit the full press release at https://ibn.fm/5um9O.
