D-Wave Quantum shares surge 20.05% intraday after $20M university deal, $10M enterprise contract, and $550M acquisition of Quantum Circuits.
ByAinvest
Friday, Feb 6, 2026 2:03 pm ET1min read
QBTS--
D-Wave Quantum (QBTS) surged 20.05% intraday following multiple catalysts, including the announcement of a $20 million contract with Florida Atlantic University for an Advantage2 quantum computer and a $10 million enterprise cloud agreement with a Fortune 100 company. The stock also gained momentum after finalizing a $550 million acquisition of Quantum Circuits Inc., expanding its dual-platform quantum computing capabilities. Relocation of its headquarters to Florida’s Boca Raton Innovation Campus further signaled operational growth. These developments, coupled with analyst buy ratings and early commercial traction, reinforced investor confidence in the company’s strategic pivot and long-term market potential, driving the sharp intraday rally.
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