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Rigetti Computing Enters Strategic Partnership with Quanta Computer for Quantum Technology Development.

Jun 05, 2025•about 1 year ago

Contract Type

partnership

BerkeleyInformation Technologyinformation technology & services

Description

Rigetti Computing has formed a strategic collaboration with Quanta Computer, which includes a $35 million equity investment to support the advancement of quantum computing technologies. This five-year partnership is expected to contribute over $100 million towards joint development initiatives aimed at commercializing quantum processors.

Company Information

Company

Rigetti Computing

Location

775 Heinz Avenue

Berkeley, California, United States

About

Rigetti Computing, Inc. is a quantum computing company founded in 2013 by physicist Chad Rigetti. Headquartered in Berkeley, California, with an additional facility in Fremont, the company specializes in designing and fabricating superconducting quantum processors. Rigetti offers quantum processing units (QPUs) and quantum computing systems primarily through its cloud platform, providing quantum computing as a service (QCaaS). Their product lineup includes the 9-qubit Novera QPU and the 84-qubit Ankaa-3 system, both accessible via the Forest cloud platform. This platform allows developers to write and test quantum algorithms using the Quil instruction language, supporting hybrid quantum-classical computing. Rigetti also operates an in-house fabrication facility, Fab-1, which enhances their hardware development capabilities. In addition to their products, Rigetti provides professional services such as algorithm development and software support for various sectors, including commercial enterprises and government organizations. Their strategic partnerships with major cloud providers like AWS Braket and Microsoft Azure further expand access to their quantum processors.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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