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Negative<\/p>\n
- Partnership still in early MOU stage with no firm commitments<\/li>\n
\n <\/p>\n - Operating in highly competitive quantum computing market requiring significant investment<\/li>\n
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\n Insights \n <\/p>\n
\n <\/p>\nRigetti’s MOU with India’s C-DAC creates strategic positioning in India’s emerging quantum ecosystem while expanding Rigetti’s global footprint.<\/b><\/p>\n
This partnership between Rigetti and C-DAC represents a strategic positioning move<\/b> for Rigetti to establish a foothold in India’s emerging quantum computing ecosystem. By partnering with C-DAC, which serves as the nodal agency for India’s ChipIN initiative focused on domestic semiconductor capabilities, Rigetti gains access to a significant government-backed quantum initiative in one of the world’s fastest-growing tech markets.<\/p>\n
The MOU targets co-development of hybrid quantum-classical computing systems, leveraging Rigetti’s superconducting qubit technology and C-DAC’s high-performance computing expertise. This approach aligns with current industry trends where practical quantum advantage is expected to come through hybrid approaches rather than pure quantum systems in the near term.<\/p>\n
Rigetti brings valuable technical differentiation to this partnership, highlighted by their multi-chip architecture that uses established semiconductor manufacturing techniques. Their recent demonstration of Cepheus\u2122-1-36Q, described as the industry’s largest multi-chip quantum computer, showcases their scaling capabilities. Their superconducting qubits’ gate speeds exceeding 1,000 times<\/b> that of competing technologies like ion traps positions them well for hybrid systems where rapid quantum-classical interaction is crucial.<\/p>\n
For context, this partnership comes amid accelerating government investments in quantum computing, with $1.8B in global government funding in 2024 representing 66% of total investments, and 2025 already exceeding $10B. By establishing this collaboration with C-DAC, Rigetti secures potential access to India’s portion of this expanding government-funded quantum market.<\/p>\n
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\n 09\/02\/2025 – 09:00 AM
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\n <\/p>\nBERKELEY, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (Nasdaq: RGTI<\/a>) (\u201cRigetti\u201d or the \u201cCompany\u201d), a pioneer in full-stack quantum-classical computing, today announced that it has signed a Memorandum of Understanding (MOU) with the Centre for Development of Advanced Computing (C-DAC), India\u2019s premier R&D organization of the Ministry of Electronics and Information Technology. Through this MOU, Rigetti and C-DAC will explore the co-development of hybrid quantum computing systems to support government laboratories and academics pursuing quantum computing R&D.<\/p>\n
\u201cBy joining C-DAC\u2019s renowned leadership in high-performance computing (HPC) solutions with Rigetti\u2019s expertise in superconducting quantum computing systems, we have the opportunity to design and deliver powerful and practical hybrid computing systems,\u201d says Dr. Subodh Kulkarni, Rigetti CEO. \u201cWe look forward to this collaboration and advancing the state-of-the-art in hybrid computing technology.\u201d<\/p>\n
\u201cC-DAC continues to play a pivotal role in shaping India\u2019s advanced computing landscape, both as a leader in high-performance computing and as the nodal agency for the Government of India\u2019s ChipIN initiative, which is focused on strengthening domestic semiconductor design capabilities. Our partnership with Rigetti is a strategic step toward developing indigenous cryogenic electronics, superconducting quantum hardware, and securing access to advanced processor fabrication. This partnership is poised to drive impactful advancements in electronics and IT, reinforcing India’s position in next-generation technologies,\u201d says Shri. E. Magesh, Director General, C-DAC.<\/p>\n
“C-DAC is implementing several nationally significant projects in quantum technologies, reinforcing its role in advancing India’s strategic capabilities in emerging technologies. Partnering with Rigetti, a global leader in superconducting quantum computing systems, presents a good opportunity for us to co-develop advanced cryogenic electronics under the ChipIN program. This collaboration will drive innovation in electronics and information technology\u2014particularly in quantum and hybrid computing\u2014contributing meaningfully to the nation’s technological progress. We are enthusiastic about this partnership and the potential it holds to push the boundaries of hybrid computing technologies,” says Dr. S D Sudarsan, Executive Director, C-DAC Bangalore.<\/p>\n
With this MOU, Rigetti and C-DAC intend to collaborate on the design and development of hybrid quantum computing systems and related technologies and bring them to market. Rigetti and C-DAC expect to also explore use case and application workflow development leveraging hybrid computing infrastructure and participate in workforce development activities.<\/p>\n
Rigetti\u2019s quantum computing processors, which are powered by superconducting qubits, are ideal for hybrid systems given their fast gate speeds and scalability. Superconducting qubits are more than 1,000 times faster than other qubit modalities, such as ion traps and pure atoms. Rigetti\u2019s proprietary and unique multi-chip architecture, using well-established manufacturing techniques from the semiconductor industry, defines Rigetti\u2019s path to scaling to extremely high qubit count systems required for error correction. In July 2025, Rigetti announced that it demonstrated the industry\u2019s largest multi-chip quantum computer, Cepheus\u2122-1-36Q. Rigetti has already shown scalability of that system to a 100+ qubit chiplet-based system and is advancing towards broader adoption as its flagship platform by end of 2025.<\/p>\n
The quantum computing market is largely funded by government quantum computing initiatives. In 2024, governments worldwide announced a total of $1.8B in quantum computing investments, accounting for 66% of total investments. Early 2025 investments are already exceeding $10B.*<\/p>\n
*McKinsey & Company, Quantum Technology Monitor, June 2025. <\/p>\n
About Rigetti<\/strong>
Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti\u2019s 9-qubit Novera\u2122 QPU was introduced in 2023 supporting a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer\u2019s existing cryogenic and control systems. The Company\u2019s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry\u2019s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry\u2019s first dedicated and integrated quantum device manufacturing facility. Learn more at https:\/\/www.rigetti.com\/<\/a>.<\/p>\nAbout C-DAC
<\/strong>Centre for Development of Advanced Computing (C-DAC), is an autonomous Scientific Society of the Ministry of Electronics and Information Technology (MeitY), Government of India.<\/p>\nThe Ministry of Electronics and Information Technology (MeitY), Government of India, has set up the ChipIN Centre at C-DAC Bangalore as a national hub for the country\u2019s semiconductor design community. Conceived as a world-class, one-stop facility, ChipIN provides fabless chip designers from Startups, MSMEs, and Academia with access to EDA tools, fabrication services, and virtual prototyping hardware labs. As a centralized, cloud-supported infrastructure, ChipIN hosts advanced tools spanning the entire chip design cycle and delivers integrated services for fabrication and packaging. With India\u2019s semiconductor industry on the verge of exponential growth, ChipIN plays a pivotal role in nurturing innovation, strengthening indigenous design capacity, and advancing the vision of the India Semiconductor Mission (ISM) to build a self-reliant semiconductor ecosystem.<\/p>\n
C-DAC is actively engaged in several nationally significant projects in the field of quantum technologies. These initiatives include the development of quantum accelerators, the establishment of a national quantum computing reference facility, and advancements in quantum communication along with related middleware and software stack development. As part of its Hybrid HPC-Quantum Mission, C-DAC also focuses on the indigenous development of quantum processing units, cryogenic electronics, and control hardware.<\/p>\n
Cautionary Language and Forward-Looking Statements<\/strong>
Certain statements in this communication may be considered \u201cforward-looking statements\u201d within the meaning of the federal securities laws, including statements with respect to the Company\u2019s expectations with respect to its future success and performance, including the possibility and extent that the MOU may result in successful collaborations on a variety of initiatives, including the design and development of hybrid quantum computing systems and related technologies and bring them to market and the expectation to also explore use case and application workflow development leveraging hybrid computing infrastructure, along with workforce development. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company\u2019s ability to achieve milestones, technological advancements, including with respect to its technology roadmap; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the success of the Company\u2019s partnerships and collaborations, including the strategic collaboration with C-DAC; the Company\u2019s ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Company\u2019s estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives and expansion plans; the expected use of proceeds from the Company\u2019s past and future financings or other capital; the sufficiency of the Company\u2019s cash resources; unfavorable conditions in the Company\u2019s industry, the global economy or global supply chain, including rising inflation and interest rates, deteriorating international trade relations, political turmoil, natural catastrophes, warfare and terrorist attacks; and other risks and uncertainties set forth in the section entitled \u201cRisk Factors\u201d and \u201cCautionary Note Regarding Forward-Looking Statements\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 and other documents filed by the Company from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.<\/p>\nRigetti Computing Media Contact:<\/strong>
press@rigetti.com<\/p>\n![\"\"](\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/09\/Rigetti-Co-LLC.png\")
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\n FAQ \n <\/p>\n
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\n <\/p>\nWhat is the significance of Rigetti’s MOU with India’s C-DAC in 2025?<\/p>\n
\n The MOU enables Rigetti (NASDAQ:RGTI) to co-develop hybrid quantum computing systems with C-DAC, India’s premier R&D organization, supporting government laboratories and academic research while gaining access to India’s growing quantum computing market. \n <\/p>\n
\n <\/p>\nWhat are the key advantages of Rigetti’s quantum computing technology?<\/p>\n
\n Rigetti’s superconducting qubits are 1,000 times faster<\/b> than alternative qubit modalities, and their multi-chip architecture enables scalability using established semiconductor manufacturing techniques. \n <\/p>\n
\n <\/p>\nWhat is Rigetti’s latest achievement in quantum computing technology?<\/p>\n
\n In July 2025, Rigetti demonstrated Cepheus\u2122-1-36Q, the industry’s largest multi-chip quantum computer<\/b>, with plans to scale to 100+ qubits by end of 2025. \n <\/p>\n
\n <\/p>\nHow much government funding is available in the quantum computing market?<\/p>\n
\n Government quantum computing investments totaled $1.8B in 2024<\/b> (66% of total investments) and have already exceeded $10B in early 2025<\/b>. \n <\/p>\n
\n <\/p>\nWhat role does C-DAC play in India’s quantum computing initiatives?<\/p>\n
\n C-DAC serves as the nodal agency for India’s ChipIN initiative, focusing on strengthening domestic semiconductor design capabilities and implementing several nationally significant quantum technology projects. \n <\/p>\n
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