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D-Wave Quantum Inc. Receives NSF Grant for Quantum Computing Research
D-Wave Quantum Inc. has been awarded a $1.5 million NSF grant to participate in the ERASE project, which aims to advance fault-tolerant quantum computing and strengthen U.S. leadership in quantum innovation.
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 to support its role in the ERASE project.
ERASE (Erasure Qubits and Dynamic Circuits for Quantum Advantage) is a project focused on developing foundational technologies for fault-tolerant quantum computing, led by Yale University and involving researchers from leading academic institutions and industry organizations.
The grant underscores the NSF's continued support for scalable, fault-tolerant quantum computing and highlights the national importance of accelerating progress in this field, while strengthening U.S. leadership in quantum innovation.
D-Wave, through its subsidiary Quantum Circuits, LLC, will give ERASE researchers access to its superconducting dual-rail gate-model quantum computing resources.
The ERASE project is led by Yale University.
D-Wave is the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services, and is the world's first commercial supplier of quantum computers.
The full press release can be viewed at https://ibn.fm/5um9O.
The NQVL (National Quantum Virtual Laboratory) program is an NSF initiative that supports quantum computing research, and the ERASE project has moved into its second phase under this program.