D-Wave Quantum Inc. (QBTS) experienced a notable stock increase, climbing 14% on October 2, 2025, to close at $29.21, with pre-market trading on October 3 reaching $30.35, marking a 3.87% gain. The stock has surged over 60% in under three weeks, fueled by a $400 million capital raise and expanding commercial traction. The capital raise, completed in July 2025, enhanced D-Wave's cash reserves to $819 million by the end of Q2 2025, bolstering its financial stability and supporting further investments in research and development. The company has showcased practical quantum computing applications, including a UK government-funded project with North Wales Police and a deployment with Ford Otosan, which significantly improved operational efficiency.