D Wave Quantum (QBTS) Stock News

D-Wave (NYSE: QBTS) reported major product and technology milestones at Qubits 2026 that advance its dual-platform strategy for annealing and gate-model quantum computing. Usage of Advantage2 systems rose 314% year-over-year and Stride hybrid solver usage increased 114% in six months. New annealing features—multicolor annealing and fast-reverse anneal—are available to select customers, and Stride now supports surrogate machine-learning models in optimization workflows. D-Wave cited the acquisition of Quantum Circuits and breakthroughs in on-chip cryogenic control as drivers of an accelerated gate-model roadmap, targeting an initial gate-model system in 2026.

D-Wave (NYSE: QBTS) announced a collaboration with Anduril and Davidson to develop quantum-classical hybrid applications for U.S. air and missile defense planning. An initial proof-of-concept compared classical-only methods to D-Wave's Stride™ hybrid solver on Advantage2™, finding at least 10x faster time-to-solution, a 9%–12% improvement in threat mitigation, and the ability to intercept an additional 45–60 missiles in a 500-missile simulation. Partners plan to expand work into contested logistics, scalable manufacturing, cyber defense, and courses-of-action generation to further test quantum-enabled optimization for defense scenarios.

D-Wave (NYSE: QBTS) completed its acquisition of Quantum Circuits Inc., creating a dual-platform quantum computing company that combines D-Wave’s commercial annealing systems with Quantum Circuits’ error-corrected superconducting gate-model technology.

The deal is intended to accelerate D-Wave’s gate-model roadmap, with an initial gate-model system planned for availability in 2026. Quantum Circuits contributes industry-leading dual-rail qubits designed to simplify error correction and improve fidelity and speed. D-Wave’s Advantage2 annealing systems remain commercial and deployed in production.

D-Wave (NYSE: QBTS) announced an agreement to acquire Quantum Circuits for a total purchase price of $550 million ($300 million in D-Wave common stock and $250 million in cash).

The deal combines D-Wave’s annealing systems, scalable superconducting control, and cloud platform with Quantum Circuits’ dual-rail error-detection gate-model technology. The combined company plans an initial dual-rail gate-model system to be generally available in 2026 and expects accelerated progress toward scaled, error-corrected gate-model products. Closing is expected in late January 2026, subject to HSR clearance and NYSE listing approval of issued shares.

D-Wave (NYSE: QBTS) announced a demonstrated breakthrough on January 6, 2026: scalable on-chip cryogenic control of gate-model qubits. The milestone shows D-Wave's multiplexed control technology—previously used in its annealing QPUs—to reduce wiring needed for large qubit counts without degrading qubit fidelity.

Key technical elements include a multichip package that integrates high-coherence fluxonium qubits with a multilayer control chip using superconducting bump bonding and cryogenic packaging, and fabrication work leveraging NASA Jet Propulsion Laboratory processes. The company said this enables smaller footprints for larger processors and noted further updates at Qubits 2026 (Jan 27–28, 2026).

D-Wave (NYSE: QBTS) will participate in CES 2026 as a sponsor of the CES Foundry on January 7–8, 2026 at the Fontainebleau Las Vegas.

D-Wave will showcase its award-winning annealing quantum systems, hybrid quantum-classical solvers, and customer use cases that demonstrate measurable performance benefits in areas such as manufacturing, supply chain, materials science, and telecommunications. Murray Thom will present a masterclass and demo on January 7, 1:00–1:30 PM PT. D-Wave will also host demos at booth FT12 and promote its Qubits user conference on January 27–28, 2026 in Boca Raton.

D-Wave (NYSE: QBTS) announced Qubits 2026, its annual quantum computing user conference on January 27–28, 2026 in Boca Raton, Florida.

The event will feature D-Wave executives, customers, industry leaders, and scientists presenting product roadmaps across annealing and gate-model quantum computing, hybrid-quantum solvers, quantum AI, customer case studies across manufacturing, supply chain, aerospace, life sciences, government, and demos. A free virtual livestream will cover the first day.

D-Wave (NYSE: QBTS) has formed a dedicated U.S. government business unit to accelerate adoption of its quantum computing products and services by federal agencies.

Jack Sears Jr. will join as vice president of U.S. government solutions to lead go-to-market, application and secure product development; he brings over 25 years of federal contracting experience and has managed pipelines exceeding $3 billion. D-Wave said its Advantage2 quantum computer is now operational at Davidson Technologies in Alabama and is expected to support mission-critical and eventually sensitive U.S. government workloads.

D-Wave Quantum (NYSE: QBTS) completed redemption of all public warrants on November 19, 2025 (5:00 PM ET).

Of the warrants outstanding before the redemption announcement, 4,746,358 were exercised into approximately 6.9 million shares of common stock at an exercise price of $11.50 each, generating cash proceeds of about $54.6 million to the company. A remaining 270,820 warrants were unexercised and redeemed at $0.01 per warrant for an aggregate $2,708.20. Following the redemption, no warrants remain outstanding; the warrants ceased trading and will be delisted from the NYSE (trading suspension effective November 18, 2025). Common stock continues to trade on the NYSE under QBTS.