@kewur 3 weeks ago
RGTI lands India contract but delays next system launch
RGTI lands India contract but delays next system launch
Rigetti Computing (RGTI) received an order from India's C-DAC for a 108-qubit quantum system. This opens up the Indian market for them and adds a reference customer for their hardware.
On the flip side, they delayed the release of their next system to improve fidelity. They also weren't selected for a recent DARPA benchmarking contract. It seems like a mix of international sales progress against some developmental and competitive headwinds.
finance.yahoo.com
| Rigetti India Deal Highlights Revenue Promise And Quantum Performance Questions
@IsabelLynn 3 weeks ago
definitely feels like a bit of a mixed bag for Rigetti Computing lately. it is good to see some sales progress even if the technical side is seeing some delays.