Key Takeaways Rigetti relies on U.S. government deals like DARPA and DoE to fund and validate its quantum tech. Lack of commercial uptake raises concerns about scalability and revenue diversification for RGTI. RGTI stock is down 14.3% YTD and trades at a high price-to-book ratio despite weak value metrics.Rigetti Computing (RGTI) continues to draw heavily from U.S. government contracts to fund and validate its quantum technologies. Some examples include a $1.5 million contract extension with the Air Force ...

Core Viewpoint - The International Science, Technology and Innovation Forum (ISTIF) of Boao Forum for Asia (BFA) will be held in Hong Kong on June 6-7, 2025, focusing on the theme of "Transitioning Towards the Future: Powered by Science and Technology Innovation" [1] Group 1: Forum Overview - The ISTIF serves as a platform for high-level dialogue among government, business, and academia in scientific and technological innovation, aiming to foster global collaboration and achieve the UN's 2030 Agenda for Sustainable Development [2] - Previous ISTIF sessions have taken place in Macao (2020), Guangzhou (2022), and Zhuhai (2023), leading to the establishment of long-term cooperation mechanisms in the Guangdong-Hong Kong-Macao Greater Bay Area and enhancing technology transfer along the Belt and Road Initiative [2] Group 2: Hong Kong's Role - Hong Kong is positioned as a gateway connecting the Chinese mainland, the Asia-Pacific region, and the global market, with its sci-tech innovation development accelerating due to its industrial clusters and status as a financial center [3] - Hosting the ISTIF will enhance Hong Kong's role as a "super-connector" and "super value-adder" in technological innovation, supporting the Greater Bay Area's ambition to become a globally influential hub [3] Group 3: Global Context and Challenges - The world is experiencing a rapid transformation in science and technology, which brings both benefits and challenges, including data security, technological ethics, and privacy protection [4] - The ISTIF aims to provide insights for strengthening international cooperation in sci-tech innovation and contribute to developing a new global governance framework for science and technology [4]