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This federal award directly addresses critical scaling bottlenecks in superconducting quantum processors, specifically targeting readout electronics, cryostat capacity, and multi-chiplet fabrication. The funding validates the strategic shift toward chiplet architectures essential for advancing qubit counts and gate speeds required for commercial and defense applications.

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Rigetti Computing Finalizes Definitive $100 Million CHIPS Act Award with U.S. Department of Commerce

Quantum Computing ReportSeptember 14, 20261 min read

Rigetti Computing has finalized a $100 million CHIPS Act award from the U.S. Department of Commerce to address scaling limitations in superconducting quantum processors. The funding will support three engineering projects: developing compact readout electronics, designing a high-capacity cryostat, and enhancing fabrication capabilities at Rigetti's Fab-1 facility for multi-chiplet quantum processing units. In exchange for the award, the Department of Commerce will receive a minority equity stake in Rigetti. The post Rigetti Computing Finalizes Definitive $100 Million CHIPS Act Award with U.S. Department of Commerce appeared first on Quantum Computing Report.

Superconducting hardware developer Rigetti Computing, Inc. (NASDAQ: RGTI) has executed a definitive agreement with the U.S. Department of Commerce for…

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