Rigetti secures $5.7M in orders for two upgradeable Novera quantum systems

Published 1 month ago Negative
Rigetti secures $5.7M in orders for two upgradeable Novera quantum systems
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* Rigetti Computing (NASDAQ:RGTI [https://seekingalpha.com/symbol/RGTI]) has received $5.7M in purchase orders for two of its 9-qubit Novera quantum computing systems.
* The systems are upgradeable for future scaling and are scheduled for delivery in H1 2026.
* One system will go to an Asian tech manufacturer for internal quantum R&D and benchmarking. The other is being purchased by a California-based applied physics and AI startup for research on quantum hardware and error correction.
* Each Novera system includes a 9-qubit Ankaa-class processor, dilution refrigerator, and Rigetti’s proprietary control systems.
* The systems are manufactured in Rigetti’s Fab-1, the industry’s first dedicated quantum device fabrication facility.
* RGTI shares down 4.3% premarket on Tuesday.
* Source: Press release [https://seekingalpha.com/pr/20248706-rigetti-announces-purchase-orders-for-two-quantum-computing-systems-totaling-approximately]

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