Florida Atlantic University (FAU) has signed an agreement to purchase and install an Advantage2TM annealing quantum computer from D-Wave Quantum Inc. at its Boca Raton campus. The $20 million commitment from FAU aims to accelerate and solidify Florida's position as a leader in quantum computing.
The deployment of the Advantage2 system is expected later in 2026 and will serve as the foundation of a new collaboration between D-Wave and FAU to advance quantum computing education, research, and applied innovation in Florida. Additionally, there may be the creation of a D-Wave Quantum Applications Academy at FAU and support for research, training, and workforce development initiatives under a separate memorandum of understanding.
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.
D-Wave also announced the establishment of its new corporate headquarters at the Boca Raton Innovation Center, which will serve as a key US development hub for D-Wave, designed to further quantum computing technology advancement.
FAU, with more than 32,000 undergraduate and graduate students across six campuses, is positioned to leverage these resources to tackle challenges in logistics, transportation, materials discovery, finance, and more.
D-Wave is the world’s first commercial supplier of quantum computers, with more than 100 organizations across commercial, government, and research sectors trusting D-Wave to address complex computational challenges using quantum computing.
Today the company's shares have moved 0.38% to a price of $28.83. For the full picture, make sure to review D-Wave Quantum's 8-K report.
