Will Renewed NQI Funding Fuel Rigetti's Government Sales Pipeline?

Key Takeaways RGTI Q3 revenue declined due to the lapse of NQI funding that slowed federal purchasing.The reinstated $625M NQI program is expected to lift demand as labs and agencies re-engage.A new Air Force contract and Novera system orders support RGTI's strengthening government pipeline.Rigetti Computing (RGTI) is leaning heavily on government partnerships as a core piece of its commercialization path, and the timing could work in its favor. Per the third-quarter earnings call, management was explicit t ...