2025-09-18T19:17:10Z<\/p>\n
Share<\/p>\n
Facebook Email X<\/p>\n LinkedIn<\/p>\n Reddit<\/p>\n Bluesky<\/p>\n WhatsApp<\/p>\n Copy link<\/p>\n lighning bolt icon Impact Link<\/p>\n Save <\/p>\n Read in app<\/p>\n <\/a> <\/p>\n This story is available exclusively to Business Insider The US military’s curiosity about quantum computing is driving stocks across the sector higher on Thursday. <\/p>\n Rigetti Computing<\/a> stock surged on Thursday after the company announced<\/a> a contract with the US Air Force worth $5.8 million over three years. Rigetti will advance the Air Force Research Laboratory’s supercomputing quantum network.<\/p>\n Rigetti has enjoyed a month of steady growth, rising 52%. Now its new Air Force contract has sparked fresh momentum that’s boosting other stocks in the space. <\/p>\n “Quantum networks could provide a path for scaling to larger, more powerful quantum computing systems by networking smaller systems together to solve problems by using multiple quantum processors,” Rigetti said in a statement.<\/p>\n As part of the deal, the company will work with Dutch quantum computing startup QphoX.<\/p>\n A solid earnings report from D-Wave Systems<\/a> also helped prop up stocks in the sector. Here were Thursday’s big moves around 3 p.m. ET. <\/p>\n Quantum Computing <\/strong>+5%<\/p>\n “By joining Rigetti’s leadership in designing, fabricating, and operating superconducting qubits with AFRL’s expertise in hybrid networked quantum systems, this is an exciting opportunity to advance superconducting quantum networking,” Rigetti president and CEO Dr. Subodh Kulkarni said.<\/p>\n Despite claims from some experts<\/a> that the quantum computing field still has big hurdles to clear, and that useful quantum technology is still far away, Big Tech companies like Google<\/a>, Microsoft,<\/a> and Nvidia<\/a> have invested in developing quantum applications, helping spur momentum for the sector.<\/p>\n Speaking with Business Insider recently, John Leevy, CEO of quantum chipmaker SEEQC, praised<\/a> Rigetti, IonQ,<\/a> and D-Wave, citing them as examples of pure-play quantum stocks with the potential to surge.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"2025-09-18T19:17:10Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the…\n","protected":false},"author":3,"featured_media":237612,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[127397,4381,638,745,127398,127400,66733,127401,127399,3457,127395,28087,79486,9580,127396,158,2450,67,132,68],"class_list":{"0":"post-237611","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-air-force-research-deal","9":"tag-business-insider","10":"tag-company","11":"tag-computing","12":"tag-d-wave-systems","13":"tag-designing","14":"tag-expertise","15":"tag-fabricating","16":"tag-fresh-momentum","17":"tag-leadership","18":"tag-quantum-computing-stocks","19":"tag-rigetti","20":"tag-sector","21":"tag-stock","22":"tag-supercomputing-quantum-network","23":"tag-technology","24":"tag-thursday","25":"tag-united-states","26":"tag-unitedstates","27":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115228087829393803","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/237611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=237611"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/237611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/237612"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=237611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=237611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=237611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n <\/p>\n
\n <\/a> <\/p>\n
\n An icon in the shape of a lightning bolt.<\/p>\n
\n Saved<\/p>\n
\n subscribers. Become an Insider<\/a>
\n and start reading now.
\n Have an account? Log in.<\/p>\n\n
\n