Florida Atlantic University Board of Trustees Full Board Meeting Minutes 2026-04-21
FAU Details $20 Million D-Wave Technology Investment
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Description
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.
Contract Details
Contract Amount
$20 million
Vendor
D-WAVE
Agency
Florida Atlantic University, FL
Contract Type
TECHNOLOGY
Document Date
April 21, 2026
Contract Term
Structured over four payments (no specific dates provided)
Renewal Info
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.
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