Rigetti (RGTI) Quantum Computing Stock Soars on Major Orders and Partnerships
Rigetti Computing has been very active in recent weeks. On Sept. 30 the company confirmed it booked two Novera™ system orders for 9‑qubit machines Globenewswire. Rigetti did not disclose the buyers’ names, only saying one is “an Asian technology manufacturing company” and the other is a California AI/startup Globenewswire. These Novera units are “upgradeable” and will be delivered in H1 2026 Globenewswire. CEO Subodh Kulkarni noted that even though $5.7M is small relative to Rigetti’s multibillion-dollar market cap, this deal represents roughly 72% of the company’s annual revenue run-rate Nasdaq. Kulkarni called the deal evidence of “increased demand for on-premises quantum computing systems as the industry matures” Globenewswire.
