Rigetti Wins Innovate UK’s Quantum Missions Pilot Competition to Advance Quantum Error Correction Capabilities on Superconducting Quantum Computers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 22 2025
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Source: Globenewswire
Collaboration for Quantum Computing: Rigetti, along with Riverlane and the National Quantum Computing Centre, has won Innovate UK's Quantum Missions pilot competition to enhance quantum error correction capabilities in superconducting quantum computers, aiming for large-scale fault-tolerant quantum computing.
Project Upgrades and Goals: The £3.5 million project will upgrade Rigetti's quantum computer at the NQCC, including deploying a 36-qubit processing unit and integrating advanced control systems, with the goal of improving performance metrics essential for real-time error correction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
