Record Q1 revenue, raised 2026 guidance, and the pending SkyWater acquisition give IonQ company-specific markers to watch as federal funding headlines draw attention back to quantum computing.
D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced that it has signed a Letter of Intent (LOI) for $100 million of proposed funding under the U.S. CHIPS and Science Act, which is administered by the U.S. Department of Commerce. In connection with executing final award documents, D-Wave would issue $100 million in shares of its common stock to the U.S. Department of Commerce. The LOI marks a significant endorsement by the U.S. government of D-Wave’s annealing and gate-model quantum computing technologies and their potential impact on the U.S. economy.
For decades, modern cybersecurity has depended on encryption systems designed to keep sensitive information safe from hackers and cybercriminals. From online banking and email communication to medical records and cryptocurrency wallets, encryption acts as the invisible shield protecting digital life. However, experts are now warning that the rapid development of quantum computing could soon threaten the security foundations of the internet itself.
D-Wave Quantum is up big, even compared to other quantum computing companies. The question is whether there's still enough growth potential ther for new investors.
Europe’s startup ecosystem is increasingly being shaped by AI, with new figures showing that AI-focused companies accounted for a substantial share of venture investment across the region in 2026. According to Crunchbase data, close to half of all venture capital deployed in Europe so far this year has flowed into businesses connected to artificial intelligence.
The quantum computing industry is growing, and three firms at the top of the list have attempted to distinguish themselves based on their Q1 2026 earnings.
D-Wave Quantum (NYSE:QBTS) reported a sharp increase in first-quarter bookings and said demand for its quantum computing systems has strengthened, even as revenue declined from a year earlier when results included a major system sale.
On the company’s first-quarter 2026 earnings call, Chief Executi
D-Wave's long-awaited Q1 2026 earnings appear rough on the surface, with plunging revenue and widening losses, but many bright spots are hidden as well.
The Pentagon is taking steps to shield the F-35’s encryption systems from the growing threat posed by quantum computing . A contract notice published May 6, 2026, by the F-35 Joint Program Office signals the shift to quantum computing-proof encryption. The military is moving to future-proof one of the jet’s core security systems before quantum computing advances enough to break current encryption.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing both annealing and gate-model systems, software, and services, today announced financial results for its first quarter ended March 31, 2026.
