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(Bloomberg) -- US lawmakers from both parties are seeking to boost federal funding for quantum computing as China and other countries race to transition from research to deployment of the nascent technology across defense, intelligence and cybersecurity.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordTrump Administration Considers Order on Autism and VaccinesIran Says Agreement on Hormuz Shippi

D-Wave is selected to receive $1.6 million from the National Science Foundation. It’s the company’s latest federal funding injection.

D-Wave Quantum Inc. is hosting its first-ever Investor Day Monday against a politically charged backdrop: just 11 days ago, the Trump administration signed a Letter of Intent to invest $100 million in the company under the CHIPS Act — with...

D-Wave Quantum was tentatively awarded $100 million by the U.S. government. Here’s what the company must do in order to get it.

D-Wave noted a second funding award from the government in May, as the quantum computing company continues to build on its R&D efforts.

The federal government plans to provide hundreds of millions of dollars to a number of quantum firms to support domestic foundry and technology development.

Yesterday, the U.S. Department of Commerce injected massive momentum into the quantum computing sector, announcing over $2.0 billion in federal incentives under the CHIPS and Science Act across nine quantum computing companies. D-Wave (QBTS) secured a $100 million letter of intent to accelerate domestic system fabrication, granting the federal government an equity stake. The stock surged immediately on the news, reflecting renewed investor confidence in sovereign backing for quantum infrastructu

Pure-play quantum stocks including D-Wave, Infleqtion, and Rigetti were also rising ahead of Friday’s opening bell.

SpaceX scrubs Starship launch, quantum stocks rise, Take-Two’s guidance misses Wall Street projections, and more news to start your day.

Data from Stocktwits shows that retail sentiment remained ‘extremely bullish’ on SPY and QQQ.

Record Q1 revenue, raised 2026 guidance, and the pending SkyWater acquisition give IonQ company-specific markers to watch as federal funding headlines draw attention back to quantum computing.