U.S. Government Eyes Strategic Investments in Quantum Computing Sector
National Security and Economic Competitiveness Drive Potential Federal Stakes The quantum computing industry, long considered one of the most speculative…
Tag: D-Wave Systems
D-Wave Partners with Swiss Quantum Technology in €10 Million European Quantum Computing Expansion
Quantum computing firm D-Wave has entered a significant €10 million partnership with Swiss Quantum Technology SA to deploy an annealing quantum computer in Europe. The five-year agreement provides SQT with substantial computing access while supporting Italy’s newly formed Q-Alliance quantum initiative. This deployment marks another step in Europe’s expanding quantum computing infrastructure.
Major Quantum Computing Deployment in Europe
Quantum computing company D-Wave Systems has reportedly signed a €10 million ($11.6 million) agreement with Swiss Quantum Technology SA (SQT) to deploy an Advantage2 annealing quantum computer in Europe, according to recent announcements. The five-year arrangement will grant SQT access to 50 percent of the system’s computing capacity, with sources indicating the option for eventual purchase remains available.