Rigetti and QphoX Secure $5.8M AFRL Contract to Enhance Superconducting Quantum Networking
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2025
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Source: Newsfilter
Contract Award: Rigetti Computing has received a three-year, $5.8 million contract from the Air Force Research Laboratory to advance superconducting quantum networking in collaboration with Dutch startup QphoX.
Quantum Networking Potential: The project aims to develop systems that enable entanglement between superconducting qubits and optical photons, which is crucial for creating a secure quantum internet and enhancing distributed quantum computing capabilities.
Analyst Views on RGTIW
Wall Street analysts forecast RGTIW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTIW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.660
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Current: 13.660
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
