# D-Wave finalizes access to up to $100 million in CHIPS funding

_Tuesday, September 8, 2026 at 7:30 AM EDT · Capital · Latest · Tier 2 — Notable_

![D-Wave finalizes access to up to $100 million in CHIPS funding — Primary](https://cdn.pulse2.com/cdn/2026/01/D-Wave-Quantum-Logo.jpeg)

D-Wave Quantum finalized a definitive agreement with the U.S. Department of Commerce providing access to up to $100 million in CHIPS and Science Act funding, following a letter of intent disclosed in May.

The company says it will use the funding for next-generation annealing and gate-model quantum systems, including planned 100,000-qubit and 10,000-qubit platforms. Commerce will receive a minority, non-controlling equity stake under the agreement. The funding is intended to support domestic quantum-computing capacity and the supply chain for advanced systems.

## Sources

- [Pulse 2.0](https://pulse2.com/d-wave-quantum-secures-up-to-100-million-in-chips-and-science-act-funding/)

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Retrieved: 2026-09-08T14:23:14.420Z
Publisher: Tech & Business (techandbusiness.org)
