Core Insights - Rigetti Computing Inc is making significant strides towards its goal of developing a 1,000+ qubit, error-corrected quantum system, having secured $21 million in contracts for 2025 [1][6] - The company emphasizes the importance of its proprietary chiplet architecture and in-house foundry, Fab-1, in achieving high qubit counts and fidelity [5][6] Company Progress - The $21 million contracts are seen as key milestones that demonstrate tangible progress in Rigetti's ambitious four-year revenue roadmap [3][4] - CEO Subodh Kulkarni noted that there is no single factor driving progress, but rather a combination of efforts from a highly skilled team [2][4] Technology and Innovation - Rigetti's chiplet architecture has been validated, and the company is confident that its planned 100+ qubit system for the end of 2025 will maintain high fidelity [5][6] - Fab-1 is positioned to support R&D efforts necessary to meet the expected qubit counts and fidelity [6] Financial Contracts - The contracts include various deals such as two Novera systems totaling approximately $5.7 million, a $5.8 million AFRL contract, and a £3.5 million consortium for deploying a 36-qubit system [8]