D-Wave Quantum (QBTS) Skyrockets on Quantum Contract Success

D-Wave Quantum (QBTS) stock has rallied $26.88 (+81.5%) over the past month, closing at $12.07. The surge was driven largely by positive sector news, including Rigetti Computing’s (RGTI) $5.8 million contract with the U.S. Air Force Research Lab, which lifted sentiment across quantum computing peers.

Investors also responded to reports that the Trump administration may introduce measures to bolster the U.S. quantum computing industry. These developments fueled optimism about government adoption and funding for the sector, sparking broad momentum.

While speculative tech stocks received a general boost from easing financial conditions, the Air Force contract and potential federal support were the key catalysts behind D-Wave’s outsized move.