# EDGAR Filing Document

**Accession Number:** 0001907982
**File Stem:** 0001907982-26-000016
**Filing Date:** 2026-1
**Character Count:** 39491
**Document Hash:** 59df6ea6169663f46f6e8dca14aac7c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001907982-26-000016.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001907982-26-000016

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20260127

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** D-Wave Quantum Inc.
- **CENTRAL INDEX KEY:** 0001907982
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41468
- **FILM NUMBER:** 26562040

**BUSINESS ADDRESS:**
- **STREET 1:** 2650 EAST BAYSHORE ROAD
- **CITY:** PALO ALTO
- **STATE:** CA
- **ZIP:** 94303
- **BUSINESS PHONE:** (650) 285-2881

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 3033 BETA AVENUE
- **CITY:** BURNABY
- **PROVINCE COUNTRY:** A1
- **ZIP:** V5G 4M9

?xml version='1.0' encoding='ASCII'? qbts-20260127

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

_____________________________________________________________

**FORM 8-K**

_____________________________________________________________

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): January 27, 2026**

_____________________________________________________________

**D-Wave Quantum Inc.**

**(Exact Name of Registrant as Specified in Its Charter)**

_____________________________________________________________

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-41468** | **88-1068854** |
| **(State or other jurisdiction of incorporation or organization)** | **(Commission File Number)** | **(I.R.S. Employer Identification No.)** |

---

**2650 East Bayshore Road**

**Palo Alto, California**

**94303**

**(Address of principal executive offices)**

**(650) 285-2881**

**(Registrant's telephone number, including area code)**

**N/A**

**(Former name or former address, if changed since last report)**

_____________________________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common stock, par value $0.0001 per share | QBTS | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company □

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

------

**Item 7.01 Regulation FD Disclosure.**

On January 27, 2026, D-Wave Quantum Inc. ("D-Wave" or the "Company") announced:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• That Florida Atlantic University ("FAU") has signed an agreement with D-Wave to purchase and install an Advantage2<sup>TM</sup> annealing quantum computer at its Boca Raton campus. The agreement represents a $20 million commitment from FAU, aiming to accelerate and solidify the State of Florida's position as a leader in quantum computing. The agreement is subject to applicable public entity requirements under Florida laws. The Advantage2 system deployment, expected later in 2026, will serve as the foundation of a new collaboration with D-Wave and FAU to advance quantum computing education, research, and applied innovation in Florida. Under the terms of a separate Memorandum of Understanding, the collaboration could include the creation of a D-Wave Quantum Applications Academy at FAU and support for research, training and workforce development initiatives. In parallel, the State of Florida and the city of Boca Raton are providing job growth and training incentives to expand the talent pool needed to support growing US in-production quantum systems and increased government business. A copy of the press release is attached as Exhibit 99.1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Together with Davidson Technologies, Inc. ("Davidson"), a mission-driven technology company supporting U.S. Department of Defense and aerospace customers, and Anduril Industries Inc. ("Anduril"), a defense technology company focused on advanced autonomous systems, a collaboration to develop quantum-classical hybrid applications for complex U.S. air and missile defense planning challenges. In an initial proof-of-concept that used Anduril's defense simulations, Davidson's mission-domain modeling and secure-computing expertise, and D-Wave's quantum computing technology, the companies evaluated complex missile-defense planning scenarios. The effort compared performance of a classical-only approach against D-Wave's Stride<sup>TM</sup> hybrid solver running on the Advantage2 system, benchmarking solution quality, scalability, and time-to-solution. Results demonstrated that while classical solvers performed effectively on smaller, less complex scenarios, the time to reach a solution increased significantly as problem size grew. By comparison, as problem complexity scaled, D-Wave's Stride hybrid solver extended its performance lead over classical-only approaches, delivering at least 10x faster time-to-solution, a 9% to 12% improvement in threat mitigation, and the ability to intercept an additional 45–60 missiles in a 500-missile attack simulation. In addition, D-Wave, Davidson, and Anduril plan to expand the collaboration by exploring other large-scale defense optimization challenges, including contested logistics, scalable and distributed manufacturing, cyber defense, and courses of action generation. A copy of the press release is attached as Exhibit 99.2.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Advancements in its annealing and gate-model quantum computing technologies, furthering the Company's unique dual-platform approach. The advancements include the following enhancements to D-Wave's annealing quantum computing system: (i) Stride hybrid solver support for surrogate modeling, enabling customers to incorporate machine learning models directly into optimization workflows to support a wider range of use cases within domains such as predictive maintenance, surge pricing, advertising campaign optimization, and employee scheduling; (ii) fast-reverse anneal, which allows the annealing quantum computer to move back and forth through the annealing process while maintaining coherence where quantum effects are strongest, allowing researchers to study how quantum states evolve and transition, deepening understanding of complex quantum behavior; and (iii) multicolor annealing, a set of processor controls that enable operations such as controlled excitation and mid-anneal projection, giving researchers an ability to generate dynamical quantum states, probe quantum phenomena at a deeper level, and prototype new algorithms. In addition, D-Wave is accelerating development of its gate-model quantum computing platform. Through the recent acquisition of Quantum Circuits, Inc. as well as its own breakthrough development work, D-Wave is uniquely positioned as the only company with all three core technologies required to deliver scaled, error-corrected superconducting gate-model systems: high fidelity, error detecting dual-rail qubits for efficient error correction with up to an order of magnitude fewer physical qubits per logical qubit, local cryogenic control and multi-chip superconducting packaging for scaling systems with orders of magnitude fewer I/O control lines, as detailed in a new white paper, and robust cryogenic platforms with uptimes of years for commercial grade operations. Together, these capabilities support D-Wave's plans to bring an initial gate-

------

model quantum computing system to market in 2026, reinforcing the Company's dual-platform strategy and long-term vision for practical, scalable quantum computing. A copy of the press release is attached as Exhibit 99.3.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The selection of Boca Raton, Florida as the location of the Company's new corporate headquarters and a key U.S. research and development ("R&D") facility, and that D-Wave plans to transition its headquarters from Palo Alto, California to Boca Raton, Florida before the end of 2026. By establishing a key development hub in Boca Raton, D-Wave expects to support the advancement of its annealing quantum system roadmap with core R&D, testing and support functions housed in the new facility. In addition, the move provides D-Wave with bicoastal presence for system redundancy in the case of disaster recovery. The new corporate headquarters will be located at the historic Boca Raton Innovation Center, which blends its rich technological heritage with modern infrastructure and a strong focus on community and innovation. The new location further expands D-Wave's North American presence, which includes a gate-model-focused R&D center in New Haven, Connecticut, a Quantum Engineering Center of Excellence in Burnaby, British Columbia, and quantum computer systems located in Marina Del Rey, California and Huntsville, Alabama. A copy of the press release is attached as Exhibit 99.4.

The information in this Item 7.01 to this Current Report on Form 8-K, including Exhibits 99.1, 99.2, 99.3 and 99.4, is intended to be furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits**.

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| <u>[99.1](a991fausystemdeal.htm)</u> | Press release, dated January 27, 2026. |
| <u>[99.2](a992davidsonanduril.htm)</u> | Press release, dated January 27, 2026. |
| <u>[99.3](a993annealing-gate.htm)</u> | Press release, dated January 27, 2026. |
| <u>[99.4](a994dwflcorphq.htm)</u> | Press release, dated January 27, 2026. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: January 27, 2026 | **D-Wave Quantum Inc.** | **D-Wave Quantum Inc.** |
|  | By: | /s/ Alan Baratz  |
|  | Name: | Alan Baratz |
|  | Title: | President & Chief Executive Officer |

---

## Exhibit 99.1

**Florida Atlantic University Signs $20M Agreement to Purchase Advantage2 Quantum Computer**

*<br>Deal with FAU and the state of Florida expected to advance quantum applications, workforce development and innovation, accelerating Florida's emergence as a quantum hub*

**PALO ALTO, Calif. & Boca Raton, Florida – January 27, 2026 –** D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company, providing annealing and gate-model systems, software, and services, today announced that Florida Atlantic University (FAU) has signed an agreement to purchase and install an Advantage2<sup>TM</sup> annealing quantum computer at its Boca Raton campus. The agreement represents a $20 million commitment from FAU, aiming to accelerate and solidify the state of Florida's position as a leader in quantum computing.

The Advantage2 system deployment, expected later in 2026, will serve as the foundation of a new collaboration with D-Wave and FAU to advance quantum computing education, research, and applied innovation in Florida. Under the terms of a separate Memorandum of Understanding, the collaboration could include the creation of a D-Wave Quantum Applications Academy at FAU and support for research, training and workforce development initiatives. In parallel, the state of Florida and the city of Boca Raton are providing job growth and training incentives to expand the talent pool needed to support growing US in-production quantum systems and increased government business.

"This marks a defining moment for FAU and for D-Wave," said Dr. Alan Baratz, CEO of D-Wave. "Deploying a D-Wave quantum computer at FAU will establish the university as a preeminent center for quantum computing education and research. It signals that the university is not just preparing for the quantum era — it is helping to shape it. For D-Wave, it signifies an important collaboration with a leading academic institution to further quantum computing experimentation and innovation."

"We are excited to welcome D-Wave, our quantum computing partner, to Boca Raton, a city with a proud history of pioneering technological breakthroughs such as the personal computer," said FAU President Adam Hasner. "This partnership opens unique opportunities for Florida Atlantic University to provide real-world solutions, advance research, and offer our students hands-on experience with transformative technology. As an R1 research university strategically located in South Florida, FAU is positioned to leverage these resources to tackle challenges in logistics, transportation, materials discovery, finance, and much more. This partnership will truly define how we approach science and innovation, and we are proud to take our place as Florida's Quantum Computing University."

"This investment positions Florida and Florida Atlantic University at the forefront of the next generation of computing," said Florida Secretary of Commerce J. Alex Kelly. "By bringing a quantum computer to FAU, we're creating new opportunities for research, workforce development, and partnerships that will benefit our economy, national defense, data security, critical life sciences R&D, and transportation and logistics systems—keeping our state competitive for years to come."

Separately, D-Wave also announced today that it will establish its new corporate headquarters at the Boca Raton Innovation Center. The headquarters will serve as a key U.S. development hub for D-Wave, designed to further quantum computing technology advancement.

**About D-Wave Quantum Inc.**

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave's mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: <u>www.dwavequantum.com</u>.

**About Florida Atlantic University**

Florida Atlantic University serves more than 32,000 undergraduate and graduate students across six campuses along Florida's Southeast coast. Recognized as one of only 11 institutions nationwide to achieve three Carnegie

------

Foundation designations - <u>R1: Very High Research Spending and Doctorate Production</u>," "<u>Opportunity College and University</u>," and <u>Carnegie Community Engagement Classification</u> - FAU stands at the intersection of academic excellence and social mobility. Ranked among the Top 100 Public Universities by U.S. News & World Report, FAU is also nationally recognized as a Top 25 Best-In-Class College and cited by Washington Monthly as "one of the country's most effective engines of upward mobility." To learn more, visit <u>www.fau.edu</u>.

**Forward-Looking Statements**

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

**<br>Media Contact:**<br>D-Wave Quantum Inc.<br>Alex Daigle<br><u>media@dwavesys.com</u>

## Exhibit 99.2

**Anduril, Davidson and D-Wave Collaborate to Develop Quantum Applications for US Air and Missile Defense**

*Initial proof-of-concept project showed at least 10x faster time-to-solution and improved threat mitigation compared to classical-only methods* <br>

**PALO ALTO, Calif., HUNTSVILLE, Ala., and COSTA MESA, Calif. – January 27, 2026** – D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company, providing annealing and gate-model systems, software, and services; Davidson Technologies, Inc. ("Davidson"), a mission-driven technology company supporting U.S. Department of Defense and aerospace customers; and Anduril Industries Inc. ("Anduril"), a defense technology company focused on advanced autonomous systems, today announced a collaboration to develop quantum-classical hybrid applications for complex U.S. air and missile defense planning challenges.

In an initial proof-of-concept that used Anduril's defense simulations, Davidson's mission-domain modeling and secure-computing expertise, and D-Wave's quantum computing technology, the companies evaluated complex missile-defense planning scenarios. The effort compared performance of a classical-only approach against D-Wave's Stride™ hybrid solver running on the Advantage2<sup>TM</sup> system, benchmarking solution quality, scalability, and time-to-solution. Results demonstrated that while classical solvers performed effectively on smaller, less complex scenarios, the time to reach a solution increased significantly as problem size grew. By comparison, as problem complexity scaled, D-Wave's Stride hybrid solver extended its performance lead over classical-only approaches, delivering at least 10x faster time-to-solution, a 9% to 12% improvement in threat mitigation, and the ability to intercept an additional 45–60 missiles in a 500-missile attack simulation.

"Our collaboration with Anduril and Davidson marks an important milestone in applying quantum computing to U.S. national defense strategies," said Dr. Alan Baratz, CEO of D-Wave. "Our initial work together shows that annealing quantum computing can be put to use today for mission-critical applications, enabling faster, more informed decision-making for complex problems."

"Quantum computing helps identify efficiencies to expedite execution in space, missile defense and joint force operations," said Dale Moore, president and CEO of Davidson. "It rapidly evaluates millions of possible outcomes, determining the best course of action. We're thrilled to collaboratively leverage this maturing technology and apply it to today's national security challenges."

"Anduril is constantly evaluating how we can apply emerging techniques to various defense challenges," said Matthew Steckman, president and chief business officer at Anduril. "Our partnership with Davidson and D-Wave looks toward augmenting advanced technologies through quantum by first pressure-testing the technology against real defense problems. Our work to deliver this capability and others like it to the warfighter is just beginning."

D-Wave, Davidson, and Anduril plan to expand the collaboration by exploring other large-scale defense optimization challenges, including contested logistics, scalable and distributed manufacturing, cyber defense, and courses of action generation.<br>**About Davidson Technologies**

Davidson is a trusted provider of advanced engineering and technical solutions supporting the U.S. Department of Defense, intelligence community, and aerospace industry. With a focus on mission-driven innovation, Davidson combines deep domain knowledge with emerging technologies to solve the nation's most complex defense challenges.

**About Anduril Industries**

Anduril invents technology that makes America and its allies safer. We're building the next generation of technology that will aid and protect those who serve on the front lines defending the nation and its interests. Anduril's core technology focuses on autonomy, artificial intelligence, and their application on the front lines of operations.

------

**About D-Wave Quantum Inc.**

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave's mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: <u>www.dwavequantum.com</u>.

**Forward-Looking Statements**

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

**Media Contacts:**<br>**D-Wave Quantum Inc.**<br>Alex Daigle<br><u>media@dwavesys.com</u>

**Davidson Technologies**<br>Rikki Klaus<br><u>rikkiklaus@davidson-tech.com</u><br>256-583-2328<br>**Anduril Industries**<br> Jack Beyrer<br><u>jbeyrer@anduril.com</u><br>(949) 969-7073

## Exhibit 99.3

**D-Wave Announces Advancements in Annealing and Gate-Model Quantum Computing Technologies, Furthering Company's Unique Dual-Platform Approach**

*314% increase in usage of D-Wave Advantage2 systems in last year reflects growing demand for annealing <br>quantum computing*

*Accelerated gate-model roadmap targets initial gate-model system availability in 2026*

**PALO ALTO, Calif. – January 27, 2026 –** <u>D-Wave Quantum Inc.</u> (NYSE: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company, providing annealing and gate-model systems, software, and services, today announced key product and technology milestones that underscore accelerating customer adoption and progress.

At Qubits 2026, D-Wave's annual user conference today, the Company will introduce new hybrid solver capabilities that enable customers to incorporate machine learning models directly into quantum optimization workflows, as well as new tools that give quantum scientists deeper visibility into quantum dynamics using annealing quantum computers. In addition, the Company will share details on its accelerated gate-model development roadmap, including progress enabled by the recent acquisition of Quantum Circuits, Inc., a breakthrough demonstration of scalable on-chip cryogenic control of qubits, and plans to bring an initial gate-model system to market in 2026. These development efforts and updates focus on scalability, enabling customers to tackle increasingly large and complex problems with greater efficiency and performance.

"These advances extend D-Wave's leadership through our dual-platform strategy for quantum computing, combining the proven impact of annealing quantum computing systems and software today with accelerating innovation in hybrid and gate-model technologies," said Dr. Trevor Lanting, chief development officer at D-Wave. "By helping customers solve complex problems now while advancing industry-leading gate-model control architectures and error-correction capabilities, we are building a comprehensive quantum portfolio designed to meet the full range of real-world computational demand."

Adoption of D-Wave™ annealing quantum computers and hybrid solvers continues to grow, reflecting an increased demand for the Company's technology to solve computationally complex problems often faster and better than classical-only approaches. Customer usage of D-Wave's award-winning Advantage2™ annealing quantum computers increased by 314% over the last year, while usage of the Company's Stride<sup>TM</sup> hybrid solver, formerly known as the nonlinear program solver, increased by 114% in the last six months.

D-Wave has introduced several annealing quantum computing product enhancements recently, including:

**-Hybrid Solver Software Supports Integrated Machine Learning Models:** D-Wave's Stride hybrid solver combines the strengths of annealing quantum computing and classical computing to help customers address problems that classical-only methods may not be able to effectively or efficiently solve. The Stride hybrid solver now allows for surrogate modeling, enabling customers to incorporate machine learning models directly into optimization workflows to support a wider range of use cases within domains such as predictive maintenance, surge pricing, advertising campaign optimization, and employee scheduling. Learn more about the Stride hybrid solver <u>here</u>.

**-Multicolor Annealing and Fast-Reverse Anneal:** These new capabilities, which are now available to select customers, provide more precise qubit control to help scientists accelerate experimentation and discovery. Fast-reverse anneal allows the annealing quantum computer to move back and forth through the annealing process while maintaining coherence where quantum effects are strongest. This repeatable control allows researchers to study how quantum states evolve and transition, deepening understanding of complex quantum behavior. Multicolor annealing, a set of processor controls that enable operations such as controlled excitation and mid-anneal projection, give researchers the ability to generate dynamical quantum states, probe quantum phenomena at a deeper level, and prototype new algorithms.

In addition to advancements with its annealing quantum computing technology, D-Wave is accelerating development of its gate-model quantum computing platform. Through the recent acquisition of Quantum Circuits,

------

Inc. as well as its own breakthrough development work, D-Wave is uniquely positioned as the only company with all three core technologies required to deliver scaled, error-corrected superconducting gate-model systems:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** High-fidelity, error-detecting dual-rail qubits for efficient error correction with up to an order of magnitude fewer physical qubits per logical qubit

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Local cryogenic control and multi-chip superconducting packaging for scaling systems with orders of magnitude fewer I/O control lines, as detailed in a new white paper <u>here</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Robust cryogenic platforms with demonstrated uptimes of years for commercial-grade operations

Together, these capabilities support D-Wave's plans to bring an initial gate-model quantum computing system to market in 2026, reinforcing the company's dual-platform strategy and long-term vision for practical, scalable quantum computing.<br>**About D-Wave Quantum Inc.**<br>D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave's mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: <u>www.dwavequantum.com</u>.

<br>**Forward-Looking Statements**

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.<br>**Media Contact:**

Alex Daigle

<u>media@dwavesys.com</u>

## Exhibit 99.4

**D-Wave Selects Boca Raton for New Corporate Headquarters and U.S. R&D Facility**

*<br>New headquarters to advance quantum computing development, technology workforce growth and innovation in Florida, accelerating the state's emergence as a quantum hub*

*Facility to serve as key development hub for D-Wave's annealing quantum computers*

**PALO ALTO, Calif. & Boca Raton, Florida – January 27, 2026 –** D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company, providing annealing and gate-model systems, software, and services, today announced that it has selected Boca Raton, Florida as the location of its new corporate headquarters and a key U.S. research and development (R&D) facility. A U.S. company since going public on the New York Stock Exchange in 2022, D-Wave plans to transition its headquarters from Palo Alto, California to Boca Raton, Florida before the end of 2026.

The move to Boca Raton comes amid increased interest in and demand for D-Wave's quantum computing technology and systems. By establishing a key development hub in Boca Raton, D-Wave expects to support the advancement of its annealing quantum system roadmap with core R&D, testing and support functions housed in the new facility. In addition, the move provides D-Wave with bicoastal presence for system redundancy in the case of disaster recovery. The new corporate headquarters will be located at the historic Boca Raton Innovation Center (BRiC). BRiC blends its rich technological heritage with modern infrastructure and a strong focus on community and innovation, making it a unique destination in South Florida.

The new location further expands D-Wave's North American presence, which includes a gate-model-focused R&D center in New Haven, CT, a Quantum Engineering Center of Excellence in Burnaby, BC, and systems located in Marina Del Rey, CA and Huntsville, AL. In addition, D-Wave today announced an agreement to install an Advantage2 <sup>TM</sup> annealing quantum computer at Florida Atlantic University's (FAU) Boca Raton campus. The agreement represents a $20 million commitment from FAU, aiming to accelerate and solidify the state of Florida's position as a leader in quantum computing.

"Florida represents one of the fastest growing technology ecosystems in the United States, and as such it was the ideal choice for our new corporate headquarters and U.S. R&D facility," said Dr. Alan Baratz, CEO of D-Wave. "The state offers a rich scientific and educational environment, a growing pool of highly skilled tech talent, and a vibrant spirit of innovation that made it attractive to D-Wave. With our new headquarters in Boca Raton, D-Wave will bring to South Florida incredible opportunities for advanced research, talent recruitment, and high-impact technology development that is shaping the future of computing."

Florida lawmakers and academic leaders affirmed their support for the headquarters' relocation, highlighting the state's expanding leadership in quantum computing,

"Florida is an increasingly attractive base for high tech companies that contribute to manufacturing, critical life sciences R&D, transportation and logistics, cybersecurity and our national defense, and it's thrilling that D-Wave—one of the industry's most innovative leaders—has selected the state for its new corporate headquarters," said Florida Secretary of Commerce J. Alex Kelly**.** "We're excited to welcome D-Wave to Florida as it accelerates the development and delivery of its quantum computing technologies, which will help further establish the state as a center of high demand job growth and business formation through innovation."

"For decades, Boca Raton has played a key role in the computing revolution, and today our city took a major step forward in powering the next transformation in computing—quantum," said Scott Singer, mayor of Boca Raton. "By welcoming D-Wave's flagship U.S. R&D operations and its global headquarters to the Boca Raton Innovation Center, we are strengthening our position as a destination for advanced innovation, attracting top-tier technology talent, and laying the foundation for long-term economic growth."

"We've been mobilizing educators, employers, and investors in the Palm Beaches to engage with quantum computing and other emerging technologies," said Kelly Smallridge, president and CEO, Business Development Board of Palm Beach County. "Having D-Wave, a pioneer and leader in quantum computing, locate its headquarters in Boca Raton is a major milestone in establishing South Florida as an emerging tech hub."

------

**About D-Wave Quantum Inc.**

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers, and the first and only to offer dual-platform quantum computing products and services, spanning both annealing and gate-model quantum computing technologies. D-Wave's mission is to help customers realize the value of quantum today through enterprise-grade systems available on-premises and via its Leap™ quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations across commercial, government and research sectors trust D-Wave to address complex computational challenges using quantum computing. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: <u>www.dwavequantum.com</u>.

**Forward-Looking Statements**

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

**<br>Media Contact:**<br>D-Wave Quantum Inc.<br>Alex Daigle<br><u>media@dwavesys.com</u>

<br>