{"id":4056,"date":"2025-09-05T16:24:24","date_gmt":"2025-09-05T16:24:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/4056\/"},"modified":"2025-09-05T16:24:24","modified_gmt":"2025-09-05T16:24:24","slug":"will-c-dac-collaboration-help-rgti-unlock-indias-quantum-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/4056\/","title":{"rendered":"Will C-DAC Collaboration Help RGTI Unlock India’s Quantum Market?"},"content":{"rendered":"

Rigetti Computing\u2019s RGTI<\/a> deepened its international footprint with a new memorandum of understanding (MOU) with India\u2019s Centre for Development of Advanced Computing (C-DAC). The partnership is likely to focus on co-developing hybrid quantum computing systems that integrate Rigetti\u2019s superconducting quantum processors with classical computing resources. The initiative aligns with India\u2019s ChipIN semiconductor program and underscores Rigetti\u2019s strategy of leveraging government partnerships to expand access to quantum technologies. For Rigetti, the collaboration offers not just technology validation but also entry into one of the fastest-growing global quantum markets.<\/p>\n

The C-DAC agreement extends beyond hardware to include joint research in cryogenic electronics, processor fabrication, and quantum education programs, areas that could help diversify Rigetti\u2019s revenue opportunities while broadening its talent pipeline. However, the move comes against the backdrop of ongoing financial pressures, with margins still sensitive to contract mix and heavy R&D spend. The India partnership highlights Rigetti\u2019s pivot toward global alliances as it seeks to translate technology milestones into sustainable, higher-margin opportunities.<\/p>\n

Peers Updates<\/p>\n

D-Wave Quantum Inc. QBTS<\/a> continues to advance its position in the quantum computing sector through strategic initiatives and technological innovations. The company has introduced a suite of developer tools designed to enhance quantum artificial intelligence (AI) applications, including an open-source quantum AI toolkit and a machine learning demonstration. Additionally, D-Wave is focusing on improving its hardware capabilities with a strategic development initiative for advanced cryogenic packaging, collaborating with the NASA Jet Propulsion Laboratory to enhance both gate model and annealing quantum processor development.<\/p>\n

Quantum Computing Inc. QUBT<\/a> recently secured a $332,000 purchase order from a top-five U.S. bank for its quantum communication system, marking its first U.S. commercial sale of quantum cybersecurity solutions. This milestone underscores the company’s growing presence in the quantum security sector. Additionally, QUBT has been awarded a contract by NASA’s Langley Research Center to apply its Dirac-3 quantum computer to develop techniques for removing solar noise from space-based LIDAR data, enhancing daytime atmospheric sensing capabilities. These developments highlight QUBT’s expanding role in both commercial and governmental quantum initiatives.<\/p>\n

Rigetti\u2019s Price Performance, Valuation and Estimates<\/p>\n

Shares of RGTI have gained 1.7% in the year-to-date period compared with the\u00a0industry<\/a>\u2019s growth of 19.4%.<\/p>\n

\"Zacks
Image Source: Zacks Investment Research<\/p>\n

From a valuation standpoint, Rigetti trades at a price-to-book ratio of 9.08, above the industry average. RGTI carries a\u00a0Value Score<\/a>\u00a0of F.<\/p>\n

\"Zacks
Image Source: Zacks Investment Research<\/p>\n

The Zacks Consensus Estimate for Rigetti\u2019s 2025 earnings implies a significant 86.1% rise from the year-ago period.<\/p>\n

\"Zacks
Image Source: Zacks Investment Research<\/p>\n

The company currently carries a Zacks Rank #3 (Hold). You can see\u00a0the complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here<\/a>.<\/p>\n


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\u00a0
Quantum Computing Inc. (QUBT): Free Stock Analysis Report<\/a>
\u00a0
Rigetti Computing, Inc. (RGTI): Free Stock Analysis Report<\/a>
\u00a0
D-Wave Quantum Inc. (QBTS): Free Stock Analysis Report<\/a><\/p>\n

This article originally published on Zacks Investment Research (zacks.com).<\/a><\/p>\n

Zacks Investment Research<\/a><\/p>\n

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