Company · North America
D-Wave Quantum
Founded in Burnaby in 1999. Annealing systems on the Leap cloud, plus a gate-model path via the January 2026 acquisition of Quantum Circuits Inc. for about $550 million. Corporate HQ moved through Palo Alto to Boca Raton; the Quantum Engineering Center of Excellence remains in Burnaby. Named in reported CHIPS awards. Canada’s CQCP was framed in part as a response to this US migration.
Reported Advantage: 5,000+ annealing qubits (not gate-model qubits)
- Location
- Burnaby, BC (engineering); Boca Raton, FL (corporate HQ, 2026), Canada
- Region
- North America
- Stage
- Public (NYSE: QBTS)
- Founded
- 1999
- People
- CEO Alan Baratz
- Funding
- Reported Acquired Quantum Circuits Inc. in January 2026 for about $550 million, as stated in the North America brief.
- Website
- https://www.dwavequantum.com/
Sources
Links are the organisation’s site or a primary page checked for this revision. They are not an audit of every figure in the summary.