Overview

• Rigetti confirmed about $5.7 million in purchase orders for two upgradeable 9‑qubit Novera systems, with delivery targeted in the first half of 2026 to an Asian tech manufacturer and a California AI/applied‑physics startup.
• D‑Wave and North Wales Police completed a proof‑of‑technology pilot that used a hybrid‑quantum application to optimize patrol car placement, which the partners say cut average response times by nearly 50%.
• Shares of Rigetti, D‑Wave and other quantum names posted double‑digit gains this week, with both leaders setting new highs as investors embraced fresh commercial signals.
• Analysts and market coverage note valuations far exceed current sales, citing examples such as Rigetti’s roughly $7.9 million in trailing revenue against a market value above $10 billion and continued lack of profitability.
• Recent sector drivers include Rigetti’s earlier three‑year, roughly $5.8 million AFRL contract for superconducting quantum networking and D‑Wave’s July equity raise that lifted cash to about $819 million.