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RGTI — Rigetti Computing News Story

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Quantum computing co Rigetti climbs on $100 million US government deal

BUZZ-Quantum computing co Rigetti climbs on $100 million US government deal

** Quantum computing co Rigetti Computing's RGTI.O shares rise 5.5% to $16.04 premarket

** RGTI signs a $100-million agreement with U.S. government to accelerate superconducting quantum computing R&D

** U.S. Department of Commerce to receive a minority equity stake in Rigetti under the deal

** 9 of 13 brokerages rate the stock "buy" or higher, and 4 "hold"; their median PT is $30

** As of last close, the stock down 31.4% YTD



(Reporting by Darshan Kumar in Bengaluru)

((darshan.kumar@thomsonreuters.com ))

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