D-Wave Quantum Inc. 8-K

What Happened

• On January 27, 2026, D-Wave Quantum Inc. announced via a Regulation FD disclosure (8-K) that it has entered a $10 million, two‑year enterprise Quantum Computing as a Service (QCaaS) agreement with a leading Fortune 100 company. The companies plan to collaborate to develop and deploy several quantum‑powered applications. CEO Dr. Alan Baratz said the deal is a significant milestone for D‑Wave’s annealing quantum computing enterprise adoption and impact. A press release dated January 27, 2026 was attached as Exhibit 99.1.

Key Details

• Agreement value and term: $10 million over two years.
• Customer type: Described as a leading Fortune 100 company (customer name not disclosed).
• Scope: Collaboration to develop and deploy multiple quantum‑powered applications under an enterprise QCaaS model.
• Filing: Announced under Item 7.01 (Regulation FD disclosure) in the 8‑K; press release attached as Exhibit 99.1.

Why It Matters

• The contract represents a concrete, multi‑year commercial engagement and a sign of enterprise interest in D‑Wave’s annealing QCaaS offering. For investors, it provides a measurable revenue commitment ($10M) and customer validation, though the filing does not disclose timing of revenue recognition, margin details, or the specific customer identity. This 8‑K is a business development disclosure, not an earnings update.