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D-Wave Shares Surge 9% After Europe Conference Reveal

5/8/2026

Summary

D-Wave Shares Surge

D-Wave Quantum Inc announced the Qubits Europe 2026 conference in London for June 18, 2026.
The announcement lifted D-Wave’s shares 9.1% to $23.505, with a peak of $24.025.
D-Wave will release Q1 2026 earnings on May 12, with analysts forecasting an 8-cent loss per share and $4.19 million revenue.
In January, D-Wave paid $250 million and issued 10,430,444 shares to acquire Quantum Circuits Inc, boosting 2025 revenue to $24.6 million (up 179%) and leaving $884.5 million cash at year-end.

Summary

Kembara Funds Quantum

Kembara, the EU growth fund, co-led a $160 million Series C round in Quantum Motion, marking the fund’s first investment.
Quantum Motion, founded by UCL professor John Morton and Oxford professor Simon Benjamin, develops silicon-spin qubits on CMOS chips.
The British Business Bank’s participation signals post-Brexit pragmatic cooperation between Brussels and London on quantum hardware.
Kembara’s fund model aims for exits in five-to-seven years, shorter than typical quantum-hardware timelines.

History

Historical Context

IBM’s launch of the online Quantum Experience with a 5-qubit superconducting processor demonstrated early public access to quantum hardware, and later IBM unveiled the 1121-qubit Condor chip on 4 December, crossing the 1,000-qubit threshold. D-Wave’s commercial 2000Q annealer showed the first large-scale quantum system. These milestones illustrate how successive public-private projects have moved quantum processors toward commercial viability and European tech independence.

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D-Wave Shares Surge

D-Wave Quantum Inc announced the Qubits Europe 2026 conference in London for June 18, 2026.
The announcement lifted D-Wave’s shares 9.1% to $23.505, with a peak of $24.025.
D-Wave will release Q1 2026 earnings on May 12, with analysts forecasting an 8-cent loss per share and $4.19 million revenue.
In January, D-Wave paid $250 million and issued 10,430,444 shares to acquire Quantum Circuits Inc, boosting 2025 revenue to $24.6 million (up 179%) and leaving $884.5 million cash at year-end.

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