Rigetti Signs Final Agreement for $100M US Quantum R&D Award
Rigetti Computing announced that its wholly owned subsidiary, Rigetti & Co, LLC, has signed a definitive agreement with the U.S. Department of Commerce for $100 million in CHIPS Research and Development funding. The award is intended to accelerate Rigetti's superconducting quantum computing R&D.
AI analysis — not reported by the source
What this could mean
- 0–2 yearsPlausible
The funding could accelerate Rigetti's move from single-chip superconducting processors to modular multi-chip systems within the next two years.
Rigetti already operates its own fabrication facility and has demonstrated multi-chip technology. $100 million in non-dilutive federal funding can support the engineering, fabrication capacity, and integration work needed to scale beyond single-chip qubit counts, making modular designs a nearer-term milestone.
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