#noveraqpu

[govindhtech]

28th Annual Needham Growth Conference 2025 with Rigetti

Rigetti Computing headlines the 28th Annual Needham Growth Conference, where quantum and resource sectors announce strategic updates.

The Needham Growth Conference will host Rigetti CEO Subodh Kulkarni.

Full-stack quantum-classical computing pioneer Rigetti Computing, Inc. will attend the 28th Annual Needham Growth Conference, a major quantum computing event. CEO Dr. Subodh Kulkarni will hold a fireside chat at 12:45 PM ET on January 13, 2026. Dr. Kulkarni and CFO Jeff Bertelsen will meet investors individually.

RIGetti has dominated the field in cloud-based quantum computing since 2017. International government, enterprise, and research clients use the company's Quantum Cloud Services platform. Rigetti began offering national laboratories on-premises quantum computing equipment with 24–84 qubits in 2021.

The 2023 9-qubit Novera QPU is a highlight of their lineup. This high-performance, on-premises QPU integrates with a customer's cryogenic and control systems to enable R&D. Also developed for real-world quantum computing, Rigetti's proprietary quantum-classical architecture integrates private and public clouds efficiently. The company stands out with its internal manufacturing capabilities at Fab-1, the first specialized and integrated quantum gadget production facility. The company can design and manufacture multi-chip quantum computers for scalable computing systems at this facility.

Industrial and Resource Sector Changes

Late 2025 and early 2026 saw tremendous advances in the resource and industrial sectors, while the IT industry focused on quantum scalability. Updated information on CoTec Holdings Corp.'s 16.5% MagIron LLC stock investment. MagIron bought Reynolds Pellet Plant on December 31, 2025. The acquisition is crucial to MagIron's US DR Grade Pellet and Merchant Pig Iron operation.

Minnesota approved MagIron iron ore mining leases to promote these economic aims. These leases are crucial to the company's production and supply chain goals. Following a series of news releases in late December 2025, CoTec announced its growing iron and steel supply chain presence.

Corporate Leadership and Fundraising

Westport Fuel Systems Inc. is altering its alternative fuel leadership. Dan Hancock, Board Chair since July 2017, has retired. Westport, a leading manufacturer of alternative fuel systems and components for the global transportation sector, changed its corporate governance with this move.

A Placement to Fund Additional New Carbon Investment was also announced by Carbonxt Group (CG1:AU). The first announcement did not specify financial constraints, but this cash campaign is expected to assist the company's carbon sector operations.

Innovation, Emerging Markets

Homerun Resources Inc. announced that its subsidiary, Homerun Energy SRL, has been named a “Key Innovator” by the European Commission’s Innovation Radar, boosting European innovation. This accolade highlights how the subsidiary advanced energy technologies.

More battery and mining news:

Altech Batteries Ltd.'s CERENERGY program got German grant approval, cementing its battery metals sector position.

Nusa Nickel Corp. released its 2025 corporate report and 2026 projection, showing nickel investing is ongoing.

Nine Mile Metals announced a private placement to obtain $4 million for operations.

Osisko Metals added a COO to its executive team. Read QuantZen Unveils Quantum-Safe SDK For Web3 Security.

Overview of Investor Access

For interested parties, Rigetti's Investor Relations division will stream its Needham Growth Conference presentation live. Investors who missed the January 13 live session can watch a replay for 90 days.

Current market activity suggests solid strategic positioning for the traditional resource and high-tech quantum computing industries in 2026. Through technology at Rigetti and Homerun Resources or leadership changes at Westport, businesses focus on commercial validation and scalability.

What's Needham Growth Conference?

The Needham Growth Conference is a major financial event focused on growing firms and growth stocks. A U.S. investment bank that specializes in growth companies, Needham & Company, LLC, organizes this conference, which brings together hundreds of public and private companies with institutional investors, private equity firms, and venture capitalists to discuss high-growth issues and investment opportunities.

[govindhtech]

Rigetti Secures $5.7M Orders For 2 Novera Quantum Processor

Rigetti Computing Buys Two Novera Quantum Processors for $5.7 Million Today, Rigetti Computing, Inc., a leader in full-stack quantum-classical computing, announced purchase orders for two of its 9-qubit Novera quantum computing systems worth over $5.7 million. The company plans to deliver both systems in the first half of 2026. This revelation suggests an increasing need for on-premises quantum technology as organisations globally gain quantum experience.

The transaction shows how scientists and IT corporations use Rigetti hardware for quantum research. National labs and researchers throughout the world continue to pick and trust the Novera QPU to develop quantum computing technology R&D', said Rigetti CEO Dr. Subodh Kulkarni. I love seeing on-premises quantum computing technologies grow as the industry does.

Diverse Customers Drive Quantum Innovation

The two systems are for customers with different but equally ambitious quantum computing goals. One significant Asian technology manufacturer bought a Novera system. The system will be important to this company's quantum computing development. The company plans to benchmark and test its patented quantum computing technology using the Novera system to demonstrate its value in a competitive R&D setting. The second system will go to a California AI/physics startup. Using Novera technology, this company will do fundamental quantum error correction and quantum hardware research. Users can modify both systems to add qubits for more complex calculations and research. Inside Novera Quantum Processor Rigetti's Novera Quantum Processor is a complete on-premises system for practical, high-performance quantum computing research and development. The system has integrated, cutting-edge components. Its core is a Rigetti Ankaa-class 9-qubit quantum processor. The square lattice of qubits and tunable couplers in this processor enable high-fidelity two-qubit operations, which form complicated quantum algorithms. Subspace temperatures are needed to operate these sensitive quantum devices. The Novera system's appropriate dilution refrigerator keeps qubits cool and vacuum-sealed, shielding them from outside noise. The package includes Rigetti's unique control systems for qubit state control, calibration, and readout.

The Novera system was designed to help quantum computing research in key areas like:

Knowing basic qubit functions. A quantum control system optimisation. Develop and test new quantum gates. Developing quantum decoherence mitigation techniques, a major task. Developing and testing quantum algorithms more efficiently. A Full-Stack Quantum Computing Pioneer Rigetti is a quantum computing leader. Since 2017, Rigetti Quantum Cloud Services has operated quantum computers in the cloud for government, scientific, and enterprise clients worldwide. In 2021, the business began selling on-premises quantum computers with 24–84 qubits to support national laboratories and big quantum computing centres. In 2023, the 9-qubit Novera QPU was introduced as a high-performance system that can be linked with a customer's cryogenic and control infrastructure for research and development. Rigetti has a competitive advantage in internal manufacturing. Novera QPU is created in Rigetti's Fab-1, the first specialised and integrated quantum device production facility. Vertical integration allows Rigetti to quicker innovate and improve its multi-chip quantum processor technology for scalable quantum computing systems. Its in-house quantum-classical architecture ensures high-performance integration with public and private clouds for quantum computing solutions. This announcement suggests things are going well, but the company warns that projections about delivery dates and future performance are vulnerable to technology industry risks and uncertainties like production targets and customer order changes.