D-Wave Systems Inc.

$40,000,000.00 CAD

≈ $0.97 for every person in Canada ≈ 517 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream 1 - R&D
Recipient country
Canada
Fiscal year
2020-2021
Agreement period
November 20, 2020 – June 30, 2041
Reference
ic:033-2020-2021-Q3-811923

Published purpose

Development of a pre-commercial, next-generation annealing-type quantum computer. Includes proto-typing, testing and full-scale implementation of quantum computing systems and services based on a new architecture. Involves harnessing the properties of quantum mechanics to provide new, energy-efficient computation systems enabling novel algorithms and applications to solve difficult problems in optimization, machine learning, and quantum simulation.

In plain English AI-generated

This federal contribution supports D-Wave Systems Inc. in developing a pre-commercial, next-generation annealing-type quantum computer, including prototyping, testing, and full-scale implementation of quantum computing systems and services for optimization, machine learning, and quantum simulation.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions