Quantinuum Wins $100M CHIPS Award, Colorado Quantum Firm

Quantinuum (QNT) secured a $100M CHIPS funding deal for quantum semiconductor research. Shares are down 31.66% in 30 days but up 0.74% on the day. Analysts estimate fair value at $98.75, nearly double the current price of $49.03, citing growth potential and cost efficiency. However, risks include heavy Q2 2026 losses and roadmap delays.

Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and Quantinuum (QNT) each received $100M from the U.S. Commerce Department for R&D and commercialization under the CHIPS Act, with the government gaining non-controlling stakes. Rigetti will focus on chip cooling and connectivity, D-Wave on supply chain and scaling, and Quantinuum on domestic manufacturing partnerships. The companies emphasize commercial viability, but investors should note that quantum computing remains in early development stage

Quantinuum Inc. (QNT) and the U.S. Department of Commerce finalized a $100M deal. The government will fund the quantum-technology firm in exchange for a stake. The Broomfield-based company is publicly traded on Nasdaq.

The U.S. government awarded $100 million each to three quantum computing companies: Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and Quantinuum (QNT). Rigetti will use funds for superconducting quantum research, D-Wave for annealing and gate-model systems, and Quantinuum for supply chain improvements. Each company's technology and progress are key factors for investors.

The U.S. government is investing $100 million each in D-Wave Quantum (QBTS), Rigetti Computing (RGTI), and Quantinuum (QNT) via minority stakes, funded by the CHIPS Act. The companies' shares rose 10%, 8%, and 6% respectively following the announcement. Despite recent gains, all three stocks have declined year-to-date.

Shares of Rigetti Computing, D-Wave Quantum, Quantinuum, Quantum Computing Inc., and IonQ rose today after three received $100M each in U.S. government funding for quantum tech development under the CHIPS Act.