D-Wave backlog up 13× while operating cash outflow doubles as gate‑based development costs rise
D-Wave’s Q3 2026 revenue was $4.5 million. While remaining performance obligations expanded sharply, gross margin fell and losses continued.
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D-Wave boosts Stride hybrid solver, achieves average TSP error within 0.02% for up to 10,000 nodes
D-Wave updated the core algorithm of its Stride hybrid solver and began offering the improved version on the Leap quantum cloud. In internal comparisons on problems such as the traveling salesman problem, it reported improvements in solution quality and solve time.
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FAU reports 91.90% lung‑cancer prediction on D‑Wave hardware, no proven edge over classical methods
FAU compared methods for predicting lung cancer from limited symptom and risk‑factor data; a D‑Wave hardware method achieved 91.90% accuracy.
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D-Wave partners with LG CNS to advance quantum optimization; solver choice and vendor dependence remain concerns
D-Wave and LG CNS will collaborate to develop and deploy enterprise optimization applications using quantum annealing.
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2026 Q3 results roundup: nine leading quantum computing firms’ schedules, performance, key takeaways
Quarterly results for six leading quantum-computing companies concentrate in early November 2026. This roundup lists announcement dates for Quantinuum, IQM, QCi, D-Wave, Rigetti and Xanadu, and explains key points to watch such as revenue, orders and cash positions.
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D-Wave installs Advantage2 in Italy under €10 million deal to accelerate European rollout
An Advantage2 with over 4,400 qubits has been delivered to northern Italy. Once installed, it will be available via the cloud to European research institutions and companies.
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D-Wave extends multi‑year manufacturing deal with IonQ‑owned SkyWater, highlighting shared quantum foundry infrastructure
D-Wave and SkyWater have signed a multi‑year agreement to continue developing and manufacturing specialized semiconductor processes for superconducting quantum processors.
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FAU to host D‑Wave Advantage2 on campus as part of GTM strategy
FAU received a $200,000 cooperative agreement from NIST to build a hands-on workforce development program with D‑Wave covering quantum computing and critical infrastructure.
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D-Wave partners with University of Arkansas on supply-chain optimization, expanding retail and logistics ties
D-Wave and the University of Arkansas research center have established a research and education initiative targeting supply-chain challenges in retail, transportation, and defense.
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Pasqal appoints Florence Lao as CLO while management expands despite €4.9m H1 revenue
Pasqal has appointed Florence Lao, who has about 20 years’ experience in international legal affairs, as chief legal officer to strengthen governance and legal functions as a public company.
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D-Wave launches beta of gate-model quantum simulator, preceding dual-rail hardware
D-Wave has launched a beta program for a gate-model quantum simulator based on dual-rail superconducting technology. Four organizations will develop applications with an eye toward future hardware.
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Pasqal posts €4.9M H1 2026 revenue; where it stands vs. public quantum firms
Pasqal’s H1 2026 revenue rose 14% year‑on‑year to €4.9 million. The company also reported deployments of neutral‑atom quantum computers and progress such as a 1,024‑atom register.
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D-Wave appoints former BNP Paribas CIO Bernard Gavgani to board, boosting enterprise quantum cloud governance
D-Wave has appointed Bernard Gavgani, who has expertise in financial IT and cybersecurity, to its board and cybersecurity committee.
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36 quantum computing companies ranked by capability and future prospects (Autumn 2026)
Independent evaluation of 36 quantum industry companies across technology, business results, QEC, manufacturing capability, customers and revenue. The Autumn 2026 edition adds nine firms — including Quantum Machines, Bluefors, Qblox and Riverlane — and analyzes ranking shifts since the summer edition and changing competitive axes in the quantum industry.
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How foreign quantum vendors sell in Japan: government procurement, trading houses, and PoC
Analyzes the attractions and challenges of the Japanese market from the perspective of foreign quantum vendors, covering government procurement, trading houses, PoC, investments, and M&A as go-to-market strategies.
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D-Wave finalizes up to $100M agreement with U.S. Commerce to fund annealing and gate systems
D-Wave has signed a final agreement with the U.S. Department of Commerce. Up to $100 million will be made available for R&D on next-generation quantum annealing and gate-model systems.
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D-Wave CFO John Markovich to resign; Greg Gorkov named acting CFO
D-Wave announced that CFO John Markovich will resign effective September 2, 2026, and that Senior Vice President of Finance Greg Gorkov will serve as acting CFO.
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What quantum companies actually sell: revenue masks the true state of commercialization
Quantum companies’ revenues are growing, but their sources vary widely — hardware sales, government contracts, PoCs, cloud usage, quantum sensing, and more. By examining major firms’ revenue structures, we can better gauge the current state of quantum computer commercialization.
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NTT DOCOMO deploys second D-Wave‑powered network optimization app into production
Optimized TA-Lists spanning multiple areas, reducing location registration signals by 65.3% and paging signals by 7.0% during daily peak periods.
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D-Wave appoints Kevan P. Krysler to board and audit committee to strengthen financial oversight
D-Wave has appointed Kevan P. Krysler to its board of directors and audit committee, bolstering the company’s capabilities in finance, risk management, and corporate governance.
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D-Wave awarded up to CAD 300,000 from NRC to develop Zephyr graph‑minor embedding for Advantage2
D-Wave has received up to CAD 300,000 from Canada’s NRC to develop embedding algorithms for Advantage2’s Zephyr topology. Results are planned for integration into the Ocean SDK.
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D‑Wave Q2 2026 revenue $3.1M; H1 bookings jump over 12x to $35.5M
D‑Wave’s Q2 2026 revenue was nearly flat year‑over‑year, while H1 bookings and remaining performance obligations rose sharply. The company also disclosed new development targets for its annealing and gate approaches.
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D-Wave demonstrates high-fidelity two-qubit entangling gate for dual-rail qubits
D-Wave demonstrated a two-qubit entangling gate with about 99.9% fidelity and roughly 500 ns gate time. The results were published in Nature.
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D-Wave and Nasdaq Verafin agree PoC to test quantum annealing for financial crime detection
D-Wave and Nasdaq Verafin will launch a proof of concept applying quantum–classical hybrid techniques to financial crime detection. They will analyze hundreds of data signals to explore their use in predictive models for anomalous account behavior.
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29 quantum computing companies ranked by capability and prospects (Summer 2026)
Qubit counts and funding alone don’t tell the whole story. Quantum Index’s editorial team gave independent 3–5 year outlooks for 29 leading domestic and international quantum-related companies, evaluating technical feasibility, distance to commercialization, revenue, customer base, and more.
