Rigetti Computing Secures $8.4 Million Order for Quantum Computer Delivery in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
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Should l Buy RGTI?
Source: Benzinga
- Order Secured: Rigetti Computing's India unit has secured an $8.4 million purchase order from C-DAC, an agency under India's Ministry of Electronics and Information Technology, for a 108-qubit quantum computer scheduled for delivery in the second half of 2026, marking a significant expansion in the quantum computing sector.
- Technology Architecture: The quantum computer utilizes Rigetti's unique chiplet-based architecture, enabling integration into a supercomputing data center environment to support hybrid classical-quantum workflows, thereby enhancing C-DAC's technological capabilities for research users.
- Partnership Strengthened: This order builds on the existing relationship between Rigetti and C-DAC, following a memorandum of understanding signed in September 2025 focused on co-developing hybrid classical-quantum systems, further solidifying Rigetti's strategic position in the Indian market.
- Market Reaction: Despite broader market fluctuations due to President Trump's new tariff policies, Rigetti Computing's shares rose by 2.22% to $26.09, reflecting investor confidence in the company's quantum computing business prospects.
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Analyst Views on RGTI
Wall Street analysts forecast RGTI stock price to rise
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 16.940
Low
30.00
Averages
39.75
High
51.00
Current: 16.940
Low
30.00
Averages
39.75
High
51.00
About RGTI
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
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.
- Revenue Miss: Rigetti Computing reported revenue of $1.9 million for the latest quarter, falling 17% short of the $2.3 million analyst consensus, indicating a struggle to generate meaningful revenue in the quantum computing sector, which may dampen investor confidence.
- Significant Technical Challenges: The company faces major technological hurdles, as its two-qubit gate fidelity of 99.9% lags behind competitors like IonQ, which achieves 99.99%, potentially limiting Rigetti's competitive edge in the rapidly evolving quantum computing market.
- Increased Operating Losses: Operating expenses surged by 19% to $23.2 million, resulting in an operating loss of $22.6 million, while gross margins declined from 44% to 35%, highlighting difficulties in cost management and profitability enhancement.
- Cautious Future Outlook: Although revenue is projected to rise to $20 million in 2026 due to new orders, the current market capitalization exceeding $5 billion raises concerns about the stock's long-term investment value, suggesting that investors should proceed with caution.
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