D-Wave Extends (QBTS) Gains, Soars 14% on Govt Deal Targets

Group 1 - D-Wave Quantum Inc. has seen a significant stock price increase of 27% in the first four trading days of the month, with a 14.55% jump on Thursday, closing at $28.73 [1][2] - The recent rally is attributed to the formation of a new business unit focused on promoting quantum computing products and services for the US government, led by Jack Sears Jr. [2][4] - CEO Alan Baratz emphasized the growing need for quantum technologies to address complex national challenges, highlighting the importance of this new business unit in developing applications for national security and defense [3][4] Group 2 - The establishment of the government-focused business unit aims to facilitate rapid development of quantum applications to tackle infrastructure challenges [4]