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Rigetti Computing's stock rose despite lower revenue, fueled by a key quantum computing breakthrough and major orders, with a 108-qubit system set for delivery in late 2026.
Rigetti Computing reported Q4 2025 revenue of $1.87 million, below estimates, but saw its stock surge due to a major technical milestone: 99.9% two-qubit gate fidelity at 28-nanosecond speeds, validating its superconducting quantum architecture.
The company ended 2025 with $589.8 million in cash, up from $270 million, supporting its long-term development.
It secured $8.4 million in orders for a 108-qubit system from India’s C-DAC and $5.7 million for Novera systems, with deliveries expected in late 2026 and April 2026.
Despite significant losses and a high valuation, investor confidence grew on progress in chiplet scaling, partnerships with NVIDIA and Riverlane, and plans for the Cepheus-1-108Q system launch by late March 2026.
Las acciones de Rigetti Computing aumentaron a pesar de los menores ingresos, impulsadas por un avance clave en la computación cuántica y pedidos importantes, con un sistema de 108 qubits programado para su entrega a finales de 2026.