Rigetti Lands Air Force Award and IonQ to Partner With Department of Energy. Quantum Stocks Jump.

Rigetti Computing announced Thursday it was awarded a three-year, $5.8 million contract from the Air Force Research Laboratory to advance quantum networking technology. Barron’s was the first to report last month that Rigetti had been granted an Air Force contract titled “Hybrid Superconducting-Optical Quantum Network Nodes,” though details were sparse at the time. As part of the award, Rigetti will collaborate with QphoX, a Dutch start-up, to find ways to combine their respective technologies to transmit information between quantum computers.