D-Wave Quantum secures federal microelectronics funding
May 26, 2026
D-Wave Quantum Inc. QBTS shares are down during Tuesday’s premarket session. The company grabbed second-year funding for its superconducting qubit fabrication project.
This funding is part of a broader initiative to enhance U.S. microelectronics capabilities, reflecting the growing recognition of quantum computing’s role in advancing technology.
The funding awarded to D-Wave Quantum supports its role in the Improved Materials for Superconducting Qubits with Scalable Fabrication (SQFab) project, which aims to enhance the scalability of quantum technologies.
This initiative is part of a $25 million funding effort by the U.S. Department of Defense, emphasizing the importance of quantum computing in both commercial and national security applications. QBTS Technical Analysis: Momentum Vs Key Moving Averages D-Wave Quantum has shown a strong performance over the past year, with a 12-month gain of 67.52%. The stock currently trades at $29.16, which positions it significantly above its moving averages: 36.9% above the 20-day SMA, 57.9% above the 50-day SMA, and 42% above the 100-day SMA. However, the 50-day SMA is below the 200-day SMA, indicating a death cross that occurred in March, which can signal potential bearish momentum.
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