D-Wave signs a $20M agreement to sell an Advantage2 quantum computer to Florida Atlantic University
On 2026-01-27, at its Qubits 2026 conference, D-Wave Quantum announced that Florida Atlantic University (FAU) signed a $20 million agreement to purchase an on-premises Advantage2 annealing quantum computer, one of D-Wave's largest disclosed single-system sales.
A $20M on-prem Advantage2 system sale to a university is D-Wave's largest disclosed single-system order and concrete evidence of demand for owned (vs cloud-accessed) annealing hardware, a mid-band commercial win.
On-prem academic placements seed a research-and-workforce base around D-Wave's annealing platform and convert balance-sheet strength into installed systems; recurring support/upgrade revenue follows installation.