D-Wave Quantum Inc. has secured a landmark $10 million, two-year Quantum Computing as a Service (QCaaS) agreement with a Fortune 100 company, announced January 27, 2026. This collaboration will focus on developing and deploying quantum-powered applications, solidifying D-Wave’s position as the only dual-platform quantum computing company offering both annealing and gate-model systems. “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. The deal represents a major endorsement of D-Wave’s production-grade technology and signals a growing confidence in the potential of quantum computing to solve real-world problems for leading global businesses.
D-Wave Secures $10 Million QCaaS Agreement with Fortune 100 Company
D-Wave Quantum Inc. The collaboration will focus on developing and deploying several quantum-powered applications, marking a significant expansion of enterprise adoption for D-Wave’s annealing quantum computing technology. D-Wave distinguishes itself as the only company currently offering both annealing and gate-model quantum computing systems, alongside associated software and services. More than 100 organizations already utilize D-Wave’s technology to tackle complex computational problems across commercial, government, and research sectors. Alan Baratz, CEO of D-Wave. The company boasts 99.9% availability and uptime for its Leap™ quantum cloud service, and offers on-premises systems as well.
According to D-Wave, “No other company in the world has production-grade quantum technology in the market today,” positioning this deal as a major validation of their solutions. Those interested in learning more about D-Wave’s technology can attend Qubits 2026, a conference held January 27 and 28, 2026, in Boca Raton, Florida, with registration available at https://www.qubits.com.
Dual-Platform Quantum Computing & 99.9% Leap Cloud Availability
D-Wave Quantum Inc. is pioneering a unique approach to quantum computing by maintaining both annealing and gate-model systems, establishing itself as the sole provider of dual-platform technology. The company, traded on the NYSE as QBTS, is focused on delivering enterprise-grade solutions both on-premises and through its Leap™ quantum cloud service. D-Wave distinguishes its Leap™ service with a reported 99.9% availability and uptime, a critical factor for enterprise adoption of nascent quantum technologies. 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.
Dr. Alan Baratz, CEO of D-Wave
