Rigetti Shares Navigate Conflicting Signals Amid Strategic Shifts

Rigetti US76655K1034

The quantum computing firm Rigetti finds itself at a crossroads, receiving both encouraging and discouraging news that paints a complex picture for its near-term trajectory. While a significant new international order provides commercial validation, setbacks in a key U.S. government program and a delayed product roadmap introduce uncertainty.

On a decidedly positive note, Rigetti announced on January 20 a substantial $8.4 million contract with India’s Centre for Development of Advanced Computing (C-DAC). The agreement is for the delivery of a 108-qubit quantum system, scheduled for installation at the C-DAC facility in Bengaluru during the second half of 2026.

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