Core Insights - Rigetti Computing (RGTI) is experiencing increased demand for hybrid quantum-classical platforms, driven by interest from government, research, and commercial sectors [1][7] - The company has aligned with NVIDIA's NVQLink initiative, facilitating better integration between quantum processors and NVIDIA's GPU infrastructure, which enhances model development and scalability [1][7] - Rigetti has secured significant orders and contracts, indicating rising commercial interest and government commitment to quantum infrastructure [2][7] Company Developments - Rigetti received two notable orders for its 9-qubit Novera systems, totaling approximately $5.7 million, with delivery expected in the first half of 2026 [2] - The company also secured a three-year, $5.8 million contract from the Air Force Research Laboratory to develop superconducting quantum-networking technologies in collaboration with QphoX [2] - The upcoming third quarter results are anticipated to focus on revenue trends, gross-margin evolution, and system shipment commentary [3] Industry Context - D-Wave Quantum has launched its Advantage2 annealing platform commercially, featuring over 4,400 qubits and improved capabilities, available to users in over 40 countries [4] - Quantum Computing Inc. has shipped its first commercial entangled-photon source, marking its entry into quantum networking and secure communications [5] Financial Performance - Rigetti's shares have increased by 156.3% year-to-date, significantly outperforming the industry growth of 14.6% [6] - The Zacks Consensus Estimate for Rigetti's 2025 earnings suggests an 86.1% increase compared to the previous year [11]