What a blockbuster week for quantum tech—massive government funding renewals, two companies going public (or nearly), record-breaking hardware launches, and earnings reports that show the industry is finally turning hype into revenue. Here’s the complete rundown of the 14 biggest stories your Qubit Report Staff compiled
D-Wave completed a planned merger… with DPCM Capital (the latter of which was already listed on the New York Stock Exchange), making the Canada-based firm the third quantum player to go public via a SPAC—that is, a special purpose acquisition company—within the last year.
Rigetti & Co., Inc. (“Rigetti”), a pioneer in full-stack quantum computing, announced it has entered into a definitive merger agreement with Supernova Partners Acquisition Company II, Ltd. (“Supernova II”) (NYSE:SNII), a publicly traded special purpose acquisition company. When the transaction closes, the publicly traded company will be named Rigetti Computing, Inc. and its common stock is expected to be listed on the NYSE under the ticker “RGTI.”
