QBTS Stock Pops As D-Wave Quantum Strikes CGI Partnership
D-Wave Quantum Inc. (QBTS) stock rose 3.75% after announcing a partnership with CGI, which will distribute its quantum computing technology. The company has a market cap of $296.6M, with quarterly revenue of $3.1M and a net loss of $48M. QBTS will also sponsor Quantum World Congress 2026 and host a conference in Seoul, highlighting its commercial applications.
How this was made

The 30-second read
Why it matters
The deal provides a direct sales channel, prompting a ~6% pre‑market surge and positioning the company for potential enterprise revenue growth.
Market read
Fresh partnership news drives immediate price action and may set a short‑term bullish trend for QBTS.
What to watch
While cash runway is strong, scaling commercial sales and competition from other quantum vendors remain uncertain.
Background
D‑Wave Quantum (NASDAQ: QBTS) announced a strategic go‑to‑market deal with CGI, becoming a platinum sponsor at Quantum World Congress 2026 and hosting a user conference in Seoul.
Ticker impact
Announced a go‑to‑market partnership with CGI, triggering a ~6% pre‑market price jump.
Potential breakout above $18.5 in the next few days if volume sustains.
Fresh partnership news, immediate price reaction, and ample cash cushion reduce downside risk.
Market effects
Signals growing enterprise adoption of quantum computing, boosting sector sentiment.
U.S. quantum‑tech stocks may see heightened interest.
Partnership could influence global quantum hardware market dynamics.
Counterpoint
The partnership may not translate into meaningful revenue given D‑Wave's ongoing losses and early‑stage market.
Key entities
- companyD‑Wave Quantum Inc.
Quantum computing hardware provider listed on NASDAQ.
- companyCGI
Global IT consulting firm partnering with D‑Wave for distribution.



