Rigetti Signs Definitive Agreement for $100M with U.S.

Trump is right about quantum. Now the Pentagon has to prove it works

President Donald Trump did not write the CHIPS and Science Act. His administration has nevertheless found a distinctly Trumpian way to use it: When taxpayers finance industrial risk, taxpayers should share in the upside. On Sept. 8, the Commerce Department finalized $300 million in research and development support for D-Wave Quantum, Rigetti Computing, and Quantinuum. […]

U.S. Government Takes Minority Stakes In Rigetti (NASDAQ: RGTI), D-Wave (NASDAQ: QBTS), And Quantinuum (NASDAQ: QNT) With $100 Million Each

Shares of three quantum computing companies surged in early trading after the U.S. government finalized $100 million investments in each firm through a landmark federal initiative. Rigetti Computing (NASDAQ: RGTI), D-Wave Quantum (NASDAQ: QBTS), and Quantinuum (NASDAQ: QNT) each secured agreements with the U.S. Department of Commerce’s CHIPS Research and Development Office for the funding. […]

Quantum Computing Firms Score $100M Each From US

Quantum computing just pulled in a major cash infusion from Washington. D-Wave Quantum, Rigetti Computing, and Quantinuum have each locked in $100 million in CHIPS and Science Act funding, with the Commerce Department taking a small, non-controlling equity store in each company in return, reports Quartz. The $300 million package,...

Rigetti Signs Definitive Agreement for $100M with U.S.

D-Wave, Rigetti, Quantinuum land $100M each in CHIPS Act funding

Each quantum computing company finalized a $100 million R&D agreement with the U.S. Department of Commerce, which will receive a minority stake in each firm

Quantinuum Finalizes $100 Million CHIPS Act R&D Award to Accelerate Trapped-Ion Manufacturing

Quantinuum has finalized a $100 million CHIPS Act R&D award to accelerate the manufacturing of trapped-ion quantum hardware. This funding will strengthen domestic semiconductor manufacturing, advance integrated optics, and scale fault-tolerant quantum computers by transitioning trapped-ion processing units to volume-manufacturable semiconductor platforms. Collaborating with GlobalFoundries and Monarch Quantum, Quantinuum aims to reduce complexit…