D-Wave on growth path with government funding and expanded partnerships
QBTS D-Wave Quantum Inc
$11.47 +7.40%
View chart & analysis → - 1D-Wave secured up to $100 million in government funding under the CHIPS and Science Act following an agreement with the U.S. Department of Commerce in September 2026.
- 2D-Wave announced a strategic relationship with LG CNS and signed a multi-year contract with SkyWater Technology.
- 3D-Wave's price-to-sales (P/S) ratio is approximately 307x based on its $3.94 billion market capitalization.
So what's the key point?
D-Wave received $100 million in government funding and decided to collaborate with several companies. The stock price is relatively high as it is 307 times its revenue.
Source The Motley Fool +1 · View original ↗
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