D-Wave Signs $10 Million Two-Year QCaaS Contract with Fortune 100 Firm

Insider Brief

• D-Wave announced a $10 million, two-year Quantum Computing as a Service (QCaaS) agreement with an unnamed Fortune 100 company to develop and deploy quantum-powered applications.
• The agreement involves collaboration using D-Wave’s annealing and gate-model quantum computing systems, along with related software and services.
• According to D-Wave, the deal reflects growing enterprise engagement with its quantum computing offerings.

PRESS RELEASE — D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing annealing and gate-model systems, software, and services, today announced a $10 million, two-year enterprise Quantum Computing as a Service (QCaaS) agreement with a leading Fortune 100 company. Under the agreement, the companies plan to collaborate to develop and deploy several quantum-powered applications.

“This agreement marks a significant milestone in D-Wave’s annealing quantum computing enterprise adoption and impact,” said Dr. Alan Baratz, CEO of D-Wave. “No other company in the world has production-grade quantum technology in the market today, and this agreement is inarguably one of the most significant endorsements of how our solutions stand to benefit the world’s leading companies.”

To learn more about how D-Wave’s quantum technology is helping customers tackle highly complex computational problems, join us at Qubits 2026, January 27 and 28, 2026, in Boca Raton, Florida. To register for Qubits 2026 visit: https://www.qubits.com.