D-Wave Quantum inks multi-year deal with IonQ's SkyWater for manufacturing

D-Wave Quantum (QBTS) announced on Tuesday that it has extended its quantum manufacturing deal with IonQ's (IONQ) SkyWater Technology via a multi-year agreement.

As part of the new deal, D-Wave will work with SkyWater’s Minnesota fab team, “offering up manufacturing continuity and access to specialized process expertise developed around its technology requirements,” D-Wave said in a statement. In addition, the companies said they had collaborated on proof-of-technology project earlier this year, using D-Wave’s annealing quantum computing technology to boost SkyWater's manufacturing. The optimized maintenance schedule reduced lot delays by up to 30%, D-Wave added.

“Our team has developed deep process knowledge around D-Wave's highly specialized technology, demonstrating the value of close collaboration between quantum innovators and semiconductor manufacturers,” said SkyWater Technology CEO Thomas Sonderman. “This agreement reinforces our commitment to providing D-Wave and customers across the quantum ecosystem with the unique process development and manufacturing capabilities they need to advance their technologies.”

“Our work with the SkyWater team has played an important role in powering the past decade of D-Wave's superconducting quantum annealing technology,” D-Wave CEO Dr. Alan Baratz added. “This agreement provides continuity with an experienced manufacturing team and specialized process capabilities we know well as we build the next generations of our quantum systems.”

D-Wave shares were little changed in premarket trading.

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