Full-Time

Experimental Physicist 2

Quantum Annealing or Qubit Coherence

Updated on 8/23/2026

D-Wave Quantum

D-Wave Quantum

201-500 employees

Delivers quantum computing hardware, software, cloud

Compensation Overview

CA$123k - CA$169k/yr

Burnaby, BC, Canada

Hybrid

Hybrid work in Burnaby, British Columbia.

Master's, PhD

Category
Quantum Computing
Required Skills
Data Analysis

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Requirements
  • A Ph.D. or M.Sc. in physics or a related discipline, or equivalent experimental research experience.
  • Strong critical-thinking and technical problem-solving skills.
  • Skill in independent research and deep understanding in the candidate's area of expertise.
  • Ability to quickly and effectively learn new technical topics.
  • Strong software development experience related to experimental design and automation, data acquisition, and data analysis, with willingness to learn new programming languages and software concepts.
  • Ability to work effectively on an interdisciplinary team and across a wide variety of problems.
  • Excellent communication skills and experience summarizing experimental results for a broad audience.
  • Ability to adapt to shifting priorities in a time-sensitive environment.
Responsibilities
  • Characterize and calibrate superconducting quantum processors.
  • Model, assess, and improve the real-world performance of quantum processors.
  • Characterize, understand, and reduce noise in superconducting circuits.
  • Design novel devices and device enhancements parametrically to improve processor performance or enable new capabilities.
  • Assess and understand the impact of the processor environment, including packaging, input/output, electronics, and cryogenic elements, and develop models and approaches to improve it.
  • Develop and execute experimental procedures to quantify, understand, and operate a wide range of superconducting devices.
  • Develop ideas to improve processor operation or performance and create parametric designs to implement them.
  • Develop theoretical models and simulations to represent and understand experimental results on physical devices.
  • Develop analysis routines to fit theoretical models to data and detect outlier behavior in large, complex systems of superconducting devices.
  • Document experimental results clearly for the broader processor development team.
  • Create and contribute to LISP software infrastructure for modeling, calibrating, and operating processors.
  • Communicate and collaborate with internal marketing, intellectual property, applications development, and engineering teams.
Desired Qualifications
  • A solid background in one or more of quantum information, digital or analog superconducting devices, device physics, noise models, and characterization.

D-Wave Systems provides quantum computing hardware, software, and cloud services for real-world business use. It develops practical quantum applications for manufacturing, logistics, biotech, and pharmaceuticals to solve optimization tasks like scheduling, resource allocation, and routing, as well as drug discovery and medical imaging. Access is via its Advantage2 quantum annealing processor (1,200 qubits, 10,000 couplers) delivered through cloud and hybrid workflows that blend quantum and classical computing. The company differentiates itself with an industry-focused portfolio, a mix of hardware, software, consulting, and a developer community, aiming to make quantum computing usable for businesses and to expand its hardware capabilities.

Company Size

201-500

Company Stage

IPO

Headquarters

Boca Raton, Florida

Founded

1999

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Simplify Jobs

Simplify's Take

What believers are saying

  • Bookings reached $35.5 million in first-half 2026, up 1,120% year over year.
  • AT&T expanded usage on July 24, 2026, and Nasdaq Verafin signed July 27.
  • NSF and NRC grants funded Advantage2 software, dual-rail research, and Ocean integration.

What critics are saying

  • Q2 2026 revenue was $3.1 million, flat year over year, while loss widened.
  • Operating expenses hit $55 million in Q2, and first-half EBITDA loss reached $37 million.
  • Insider selling and a 610x sales multiple expose a valuation collapse if bookings slip.

What makes D-Wave Quantum unique

  • D-Wave is the only commercial dual-platform quantum vendor, pairing annealing with gate-model systems.
  • Its Ocean SDK and Advantage2 Zephyr topology target optimization workloads customers actually pay for.
  • AT&T, Nasdaq Verafin, and Florida Atlantic University validate enterprise demand in 2026.

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Benefits

Remote Work Options

Flexible Work Hours

Relocation Assistance

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

-1%

2 year growth

-2%
Yahoo Finance
Aug 21st, 2026
BMO initiates D-Wave Quantum with $35 target, sees 85% upside on commercial quantum progress

D-Wave Quantum stock rose 2% on Friday after BMO Capital initiated coverage with an Outperform rating and $35 price target, suggesting roughly 85% upside. Analyst Harsh Kumar highlighted D-Wave's commercial revenue generation and dual capability across annealing and gate-model quantum systems as competitive advantages. The company reported $35.5 million in bookings during the first half of 2026, up more than 1,120% year-over-year, whilst remaining performance obligations climbed 668% to $40.7 million. However, second-quarter revenue of approximately $3.1 million missed expectations. The company posted a $0.13-per-share loss, wider than the projected $0.09 loss. Despite the bullish analyst coverage, D-Wave requires stronger revenue growth to support its valuation.

Yahoo Finance
Aug 19th, 2026
Microsoft edges D-Wave as safer quantum bet despite pure-play appeal

D-Wave Quantum and Microsoft both offer exposure to quantum computing, but Microsoft emerges as the stronger investment choice given current market conditions. D-Wave recently saw bookings surge 1,120% to $35.5 million in the second quarter. AT&T expanded its use of D-Wave's quantum annealing technology for network optimisation tasks. However, actual quarterly revenue was only $3 million, and the company remains unprofitable. D-Wave trades at a price-to-sales ratio of 610, far exceeding the technology sector average of 8. This hefty valuation poses significant risk for a company with lumpy revenue and years away from profitability. Microsoft offers quantum computing exposure with substantially less risk. The tech giant's financial strength and diversified business model make it better positioned to weather quantum computing's uncertain development timeline whilst providing stable returns.

Yahoo Finance
Aug 18th, 2026
US urges allies to choose between American and Chinese tech ecosystems in AI and quantum race

The US-China technology race is intensifying as Washington prepares to urge countries in its AI cooperation network to choose between American and Chinese technology ecosystems. This effort builds on Pax Silica, a US-led initiative securing supply chains for AI, semiconductors, and critical minerals. Against this backdrop, four stocks offer exposure to the emerging US-led advanced-technology ecosystem: NVIDIA and Micron Technology in AI, plus D-Wave Quantum and Rigetti Computing in quantum computing. The International Monetary Fund projects 3% global GDP growth in 2026, with AI-driven demand supporting technology-integrated economies despite broader economic headwinds. The Federal Reserve maintained rates at 3.5%-3.75% on 29 July, citing elevated inflation despite strong productivity and capital investment. NVIDIA remains dominant in AI infrastructure, with first-quarter revenues surging 85% year-over-year. The company guided second-quarter revenues of approximately $91 billion, though the outlook excludes Data Center compute revenues from China.

Yahoo Finance
Aug 15th, 2026
Jim Cramer relieved market "cared" about D-Wave Quantum earnings despite 9% share drop

D-Wave Quantum's shares dropped 9% following its second-quarter earnings report on 6 August, prompting Jim Cramer to express surprise that the market had begun caring about earnings. He suggested that realism was setting in for quantum computing stocks after significant rallies. The company reported mixed results. Bookings surged 1,120% in the first half to $35.5 million, driven by agreements with Florida University and a Fortune 100 company. Second-quarter revenue was $3.1 million, with 62% from commercial customers. However, quarterly revenue fell 0.6% year-on-year. Operating expenses more than doubled to $111.5 million in the first half, whilst EBITDA losses widened to $37 million from $20 million. The company's price-to-sales ratio stands at 610.97, with 19.98% of shares short as of July.

wallstreet:online AG
Aug 12th, 2026
D-Wave secures $219,000 from Canada's NRC to develop quantum computing software for complex optimisation problems

D-Wave Quantum has received up to C$300,000 in funding from Canada's National Research Council through its Applied Quantum Computing Challenge programme. The company will use the funds to develop advanced software and algorithms for its Advantage2 annealing quantum computers. Working from its Quantum Centre of Engineering Excellence in Burnaby, British Columbia, D-Wave will create new graph minor-embedding algorithms for its Zephyr topology. These will be integrated into the company's open-source Ocean software development kit. The new algorithms are expected to enable organisations to solve larger, more complex optimisation problems across applications including logistics, manufacturing, scheduling, resource allocation, machine learning, and materials simulation. The project aims to expand the capabilities of D-Wave's dual-platform quantum computing systems, which offer both annealing and gate-model technologies.