Mentioned:
Rigetti Computing is moving quickly to grow their quantum computing business. And they’ve just landed two new deals with private companies for quantum computing systems.
What’s happening:
- Rigetti Computing (NASDAQ: RGTI) has landed $5.7M USD in two new purchase orders for their Novera quantum computing system
Why it matters:
- Rigetti Computing has been investing large amounts of capital into the commercial scale up of their superconducting gate-based quantum computers lately, which has been fuelled by raising hundreds of millions of dollars through an at-the-market equity financing
Going deeper:
- The purchasers of the Novera quantum computing systems are a technology manufacturing company in Asia and a applied physics startup located in the United States
- The new systems are being manufactured at Rigetti Computing’s Fab-1 facility located in California, which is widely considered to be one of the first dedicated quantum device fabrication systems in the entire world
