Rigetti signs USD 100 million U.S. Commerce Department R&D award under CHIPS Act
RGTI•Rigetti signs CHIPS Act R&D award
- Rigetti signed a definitive agreement with the U.S. Department of Commerce for USD 100 million to accelerate superconducting quantum computing R&D.
- Funding runs through the CHIPS R&D Office Broad Agency Announcement under the CHIPS Act.
- Commerce will take a minority, non-controlling equity stake as a condition of the award.
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