Overview
- Forecasts peg quantum computing’s market at $72 billion by 2035, up from $4 billion in 2024.
- D‑Wave bought Quantum Circuits in January to add superconducting gate‑model tech to its annealing lineup, with CEO Alan Baratz saying this “essentially” doubles its addressable market.
- D‑Wave reported 2025 revenue of $24.6 million, up 179% year over year, and disclosed $32.8 million in non‑cancellable 2026 bookings as of Feb. 25.
- IonQ is pursuing a full‑stack platform spanning computing, networking, sensing and security, reporting 99.99% two‑qubit gate fidelity and faster “time to solution” than leading superconducting systems on select workloads, according to the company.
- IonQ posted 2025 revenue of $130 million, up 202% year over year, ended the year with $3.3 billion in cash and investments, and cited $370 million in remaining performance obligations.