Rigetti Computing (NASDAQ:RGTI) reported second-quarter 2026 revenue of approximately $5.1 million, up from $1.8 million a year earlier, as the quantum computing company recognized revenue from previously announced on-premises Novera quantum processing unit purchase orders. Rigetti is targeting median two-qubit gate fidelity of about 99.5% later this year while maintaining its gate-speed profile. The prospective funding would support superconducting quantum computing research and development focused on scaling challenges. The National Science Foundation-funded project is intended to integrate Rigetti’s quantum system with an HPE-powered supercomputing environment for hybrid quantum-classical workload development. About Rigetti Computing (NASDAQ:RGTI)Rigetti Computing is a pioneering quantum computing company that designs and manufactures superconducting quantum processors alongside a complementary software stack.