Rigetti and India’s Centre for Development of Advanced Computing Announce MOU to Explore Co-Development of Hybrid Quantum Computing Systems
(NASDAQ:RGTI) BERKELEY, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), 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’s 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.
Related Questions
How will the Rigetti‑C‑DAC partnership affect Rigetti's revenue growth and valuation in the near term?
What are the competitive implications of this collaboration compared to other quantum‑computing firms like IBM, Google, and IonQ?
What milestones, timelines, and potential government funding or subsidies are expected from this MOU that could influence the stock price?