Rigetti Computing is trading 9.84% up now at $16.70 after announcing a September 8, 2026 agreement awarding up to $100 million from the U.S. Department of Commerce for superconducting quantum-computing research and development.
- Funding will support three projects targeting readout electronics, cryogenic capacity, and high-connectivity chip fabrication.
- The agreement includes a minority, non-controlling equity stake for the government.
- The price shows a sharp live-session gain; the announcement does not specify a trading reaction.