Quantum computing player Rigetti Computing has secured an $8.4 million order from India’s Centre for Development of Advanced Computing (C‑DAC) to deliver a 108‑qubit on‑premises quantum computer in Bengaluru. The deal deepens Rigetti’s presence in India’s research ecosystem and signals growing government‑backed demand for practical quantum‑classical systems.
Quantum computing stocks are back in focus after Rigetti Computing announced a landmark order from India. The company’s Indian subsidiary has received an $8.4 million purchase order to supply a 108‑qubit quantum computer to C‑DAC, the premier R&D organisation under India’s Ministry of Electronics and Information Technology. The system will be installed on‑premises at C‑DAC’s Bengaluru centre, with deployment targeted for the second half of 2026.
The machine will use Rigetti’s chiplet‑based architecture, designed to scale towards higher qubit counts and eventually support quantum error correction and fault‑tolerant computing—key milestones for real‑world quantum advantage. This order builds on a September 2025 memorandum of understanding between Rigetti and C‑DAC to co‑develop hybrid classical‑quantum systems for government and academic research in India.
For investors, the deal underscores both growing institutional demand for quantum infrastructure and Rigetti’s strategic push into international markets, even as the broader sector remains volatile.
Key highlights / major takeaways
Deal size: $8.4 million order for a 108‑qubit quantum computer.
Customer: C‑DAC, India’s top government R&D body under MeitY.
Location & timeline: On‑premises deployment at Bengaluru, planned for H2 2026.
Technology: Rigetti’s chiplet‑based architecture aimed at scalable, fault‑tolerant quantum systems.
Strategic context: Extends a 2025 MoU on hybrid classical‑quantum research collaboration.
Market angle: Order arrives amid strong investor interest but mixed fundamentals across quantum stocks.
Sources: The Quantum Insider, GlobeNewswire/PR Newswiremarkets.financialcontent.com+1, MarketScreener, Alpha SpreadAlpha Spread, Yahoo Finance