UK Government Announces $18.4M in Awards to Support Quantum Computing Projects

British officials have allocated $18.4 million in awards to support over a dozen quantum computing projects. The Quantum Sensing Mission Primer awards’ goal is quite ambitious: deploy quantum computers that surpass current supercomputers by 2036. Science minister Patrick Vallance called the technology revolutionary, noting that it could transform medical diagnostics and slash computation times from decades to seconds. Cumulatively, the UK has pledged $880 million to advance quantum technology development in the country. 

American firms like D-Wave Quantum Inc. (NYSE: QBTS) are racing to commercialize quantum computing innovations that…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS 

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