Core Insights - D-Wave Quantum has secured a 10-million euro contract with Swiss Quantum Technology, boosting its stock performance in 2025 [1][2] - The company reported a second-quarter loss of 8 cents on an adjusted basis, which is an improvement from a 10-cent loss a year earlier, while revenue increased by 42% to $3.1 million [4] Company Performance - D-Wave's stock rose more than 4% to 44.94 in morning trading, marking a significant increase of approximately 412% in 2025, the highest among quantum computing stocks [3][4] - The company has around $800 million in cash on its balance sheet, indicating strong financial health [3] Industry Context - Quantum computing aims to tackle complex problems beyond the capabilities of classical computers, with D-Wave being a key player in the development of quantum annealing technology [2] - Other quantum computing companies like IonQ and Rigetti Computing have also seen significant stock increases of 85% and 267% respectively in 2025 [4]
Quantum Computing Stocks: D-Wave Nabs Contract With Swiss Quantum