Rigetti is set to receive up to $100M in planned CHIPS Act funding for superconducting quantum R&D

Rigetti Computing/Ankaa and Cepheus QPUs

Rigetti signed a letter of intent with the US Commerce Department for up to $100M over three years of CHIPS Act money for superconducting quantum R&D. In September 2026, Rigetti signed the definitive agreement.

• Up to $100M CHIPS Act funding for superconducting quantum R&D
• Milestone-based funding tied to specific R&D targets
• Commerce Department receives minority, non-controlling equity stake
• Supports integrated readout electronics, cryogenic capacity and high-connectivity chips