{"id":157444,"date":"2025-09-20T17:18:17","date_gmt":"2025-09-20T17:18:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/157444\/"},"modified":"2025-09-20T17:18:17","modified_gmt":"2025-09-20T17:18:17","slug":"the-air-force-wants-more-research-on-quantum-computing-and-its-sending-stocks-in-the-sector-soaring","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/157444\/","title":{"rendered":"The Air Force wants more research on quantum computing, and it&#8217;s sending stocks in the sector soaring"},"content":{"rendered":"<p>\n        <a href=\"https:\/\/markets.businessinsider.com\/stocks\/rgti-stock\" id=\"5b3d747f-f141-4f19-b30b-785c5179e0ee\" rel=\"nofollow noopener\" target=\"_blank\">Rigetti Computing<\/a> stock surged on Thursday after the company <a href=\"https:\/\/investors.rigetti.com\/news-releases\/news-release-details\/rigetti-collaboration-qphox-awarded-58m-afrl-contract-advance\" id=\"ca27b9ed-6c5d-4ce5-9bb2-a570f7aa7b06\" rel=\"nofollow noopener\" target=\"_blank\">announced<\/a> a contract with the US Air Force worth $5.8 million over three years. Rigetti will advance the Air Force Research Laboratory&#8217;s supercomputing quantum network.\n    <\/p>\n<p>\n        Rigetti has enjoyed a month of steady growth, rising 52%. Now its new Air Force contract has sparked fresh momentum that&#8217;s boosting other stocks in the space.\n    <\/p>\n<p>\n        &#8220;Quantum networks could provide a path for scaling to larger, more powerful quantum computing systems by networking smaller systems together to solve problems by using multiple quantum processors,&#8221; Rigetti said in a statement.\n    <\/p>\n<p>\n        As part of the deal, the company will work with Dutch quantum computing startup QphoX.\n    <\/p>\n<p>\n        A solid earnings report from <a href=\"https:\/\/markets.businessinsider.com\/stocks\/qbts-stock\" id=\"3b9a4740-a7a2-4747-beb0-1ea9d6ef4e77\" rel=\"nofollow noopener\" target=\"_blank\">D-Wave Systems<\/a> also helped prop up stocks in the sector. Here were Thursday&#8217;s big moves around 3 p.m. ET.\n    <\/p>\n<p>            D-Wave Quantum  +8%<\/p>\n<p>            IonQ  +6%<\/p>\n<p>Quantum Computing  +5%<\/p>\n<p>&#8220;By joining Rigetti&#8217;s leadership in designing, fabricating, and operating superconducting qubits with AFRL&#8217;s expertise in hybrid networked quantum systems, this is an exciting opportunity to advance superconducting quantum networking,&#8221; Rigetti president and CEO Dr. Subodh Kulkarni said.<\/p>\n<p>Despite <a target=\"\" href=\"https:\/\/www.businessinsider.com\/scientists-say-major-quantum-computing-breakthroughs-are-years-away-2025-2\" rel=\"nofollow noopener\">claims from some experts<\/a> that the quantum computing field still has big hurdles to clear, and that useful quantum technology is still far away, Big Tech companies like <a target=\"\" href=\"https:\/\/markets.businessinsider.com\/stocks\/googl-stock\" rel=\"nofollow noopener\">Google<\/a>, <a target=\"\" href=\"https:\/\/markets.businessinsider.com\/stocks\/msft-stock\" rel=\"nofollow noopener\">Microsoft,<\/a> and <a target=\"\" href=\"https:\/\/markets.businessinsider.com\/stocks\/nvda-stock\" rel=\"nofollow noopener\">Nvidia<\/a> have invested in developing quantum applications, helping spur momentum for the sector.<\/p>\n<p>Speaking with Business Insider recently, John Leevy, CEO of quantum chipmaker SEEQC,<a target=\"\" href=\"https:\/\/www.businessinsider.com\/quantum-computing-stocks-ai-nvda-imb-ionq-rgti-msft-2025-7\" rel=\"nofollow noopener\"> praised<\/a> Rigetti, <a target=\"\" href=\"https:\/\/markets.businessinsider.com\/stocks\/ionq-stock\" rel=\"nofollow noopener\">IonQ,<\/a> and D-Wave, citing them as examples of pure-play quantum stocks with the potential to surge.<\/p>\n","protected":false},"excerpt":{"rendered":"Rigetti Computing stock surged on Thursday after the company announced a contract with the US Air Force worth&hellip;\n","protected":false},"author":2,"featured_media":157445,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[49,48,285,61],"class_list":{"0":"post-157444","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-ca","9":"tag-canada","10":"tag-computing","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/157444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=157444"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/157444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/157445"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=157444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=157444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=157444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}