D‑Wave Quantum Inc. announced it has joined the Southeast Quantum Collaborative (SQC) as an inaugural member, joining the University of Alabama in Huntsville, Davidson Technologies, IBM, and Alabama A&M University.
The collaboration is designed to accelerate quantum information science, workforce development, research, and commercialization across the Southeast. D‑Wave’s Advantage2 annealing system, already hosted at Davidson Technologies, will be integrated into the partnership’s research and application pipeline.
By joining SQC, D‑Wave gains access to the region’s defense and advanced‑manufacturing talent pool, potentially broadening its customer base and reinforcing its competitive moat in both annealing and gate‑model quantum computing.
D‑Wave’s financial backdrop underscores the strategic value of the partnership. In Q3 2025 the company generated $3.7 million in revenue, a 100% year‑over‑year increase, and a gross margin of 71.4% versus 55.8% in Q3 2024. The company reported a net loss of $140 million, largely driven by a $121.9 million non‑cash charge related to warrant liability remeasurement, while cash reserves reached $836.2 million. The January 2026 acquisition of Quantum Circuits, Inc. for $550 million further strengthens its gate‑model capabilities.
Management highlighted the partnership’s significance. Jack Sears, vice president of government business solutions, said the collaboration would “support the next wave of innovation coming from the region” and help “operationalize annealing and gate‑model systems for mission‑critical decision‑making.” Dr. Alan Baratz, CEO, added that the Advantage2 system is “the most powerful quantum computer in the world” and that the partnership would accelerate U.S. government use of quantum computing.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.