FAU Details $20 Million D-Wave Technology Investment

Florida Atlantic University is investing $20 million in D-Wave hardware and technology under a multi-payment purchase agreement to support an academic partnership and regional strategic benefits. The university will fund the acquisition through non-recurring legislative support dollars and strategic reserves under presidential purchasing authority.

Document date · April 21, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$20 million

Contract type

TECHNOLOGY

Contract term

Structured over four payments (no specific dates provided)

Renewal

Purchase agreement is described as a $20 million investment in hardware and technology, paid in four installments; no explicit renewal or extension options are mentioned.

Document type

Minutes

Source document

Florida Atlantic University Board of Trustees Full Board Meeting Minutes 2026-04-21

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the technology contract by Florida Atlantic University?

D-WAVE was awarded this technology contract by Florida Atlantic University, as recorded on April 21, 2026. The contract value is $20 million.

How much is the D-WAVE contract with Florida Atlantic University worth?

The D-WAVE contract with Florida Atlantic University is valued at $20 million, covering technology work.

What type of contract is this?

This is a Technology contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Florida Atlantic University Board of Trustees Full Board Meeting Minutes 2026-04-21 (Minutes), dated April 21, 2026 from Florida Atlantic University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does D-WAVE hold?

D-WAVE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View D-WAVE's profile

What is Florida Atlantic University currently buying?

Explore Florida Atlantic University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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