The definitive Commerce Department research agreement removes uncertainty over a previously pending award.
Rigetti Computing's $100 million research and development agreement with the U.S. Commerce Department for superconducting quantum computing work is now a signed, definitive agreement, the company confirmed this week. The deal had previously been described as pending final terms.
The confirmation removes uncertainty around whether the agreement, and the funding attached to it, would close on the terms initially reported. No new financial detail beyond the previously disclosed $100 million figure accompanied the confirmation.