News Releases Rigetti Co Llc

Bonisiwe Shabane

-Jan 2, 2026, 2:13 PM

Want to stay updated on the latest news? BERKELEY, Calif., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its... Rigetti Supports NVIDIA NVQLink, NVIDIA’s New Open Platform for AI Supercomputer-Quantum Integration BERKELEY, Calif., Oct.

28, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will... Rigetti Announces Purchase Orders for Two Quantum Computing Systems Totaling Approximately $5.7 Million Rigetti Computing has completed a $350 million at-the-market (ATM) equity offering, significantly increasing its cash reserves to approximately $575 million. The transaction provides the superconducting quantum hardware firm with expanded capital for scaling operations, without incurring debt, and aligns with its strategy to pursue commercial readiness in the quantum computing sector. The company stated that proceeds will primarily support working capital, capital expenditures, and general corporate operations.

In addition, funds may be allocated toward future strategic collaborations, acquisitions, or partnerships. The ATM structure, previously disclosed by Rigetti, enabled the firm to issue shares incrementally over time, rather than through a single offering, reducing execution risk while building financial flexibility. Rigetti’s quantum systems use superconducting gate-based qubits and have been available via cloud since 2017. In 2021, the company began delivering on-premises systems with qubit counts between 24 and 84, and in 2023 introduced the 9-qubit Novera QPU—targeting researchers who require cryogenic-compatible, standalone quantum processors. Rigetti manufactures its chips in-house at Fab-1, a dedicated facility that enhances design control and scalability. The funding round positions Rigetti to remain competitive amid rising capital demands in the quantum sector, where progress depends on both hardware innovation and sustained investment.

The company now holds a strengthened balance sheet and improved operational runway, though the equity raise may raise shareholder dilution concerns in the absence of near-term commercial revenue. Read the full release from Rigetti here. The time for quantum is now. Our mission is to build the world’s most powerful quantum computers to help solve some of the most important and pressing problems in the world. In areas like climate simulation, fusion energy, drug discovery, logistics optimization, and quantitative finance, Rigetti is deeply collaborating with market leaders to help advance what’s possible in their industries. Building on years of pioneering work, Rigetti is poised to develop quantum computers that could scale to solve problems of staggering computational complexity at unprecedented speed.

We have invented and patented core technology, owning critical IP for our breakthrough multi-chip processor and the hybrid quantum-classical approach that has become the predominant quantum computing architecture. We believe our full-stack development approach – from chip design and manufacturing through cloud delivery -- offers the fastest and lowest risk path to building quantum computers that could begin to unlock a potentially... Empirical evidence suggests that well-chosen quantum feature maps promise to enhance the performance of Machine Learning (ML) algorithms. In this work, we harness the capabilities of the Amazon Braket SV1 on-demand state-vector simulator to experimentally test the use of quantum enhanced signature kernels up to 32 qubits to predict the mid-price using... Rigetti Computing, Inc. today announced its financial results for the third quarter ended September 30, 2025.

This summer, we welcomed our largest intern cohort yet — 18 students eager to explore the emerging world of quantum technologies and ready to contribute to something meaningful. During their time at Rigetti, that spark of curiosity transformed into conviction: conviction in their skills, in their career paths, and in the power of collaboration to move technology — and humanity — forward. Rigetti Computingnannounced today that it is supporting NVIDIA NVQLink, NVIDIA’s new open platform for integrating AI supercomputing with quantum computers. Rigetti Computing announced today that it will release third quarter 2025 results on November 10, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations on November 11, 2025 at 8:30 am ET. BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc.

(Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). The primary goal of QBI is to determine if any approach to quantum computing can achieve utility-scale operation by 2033. QBI will use a multi-stage approach, Stages A, B, and C, to assess the proposed concepts, with each stage representing an increased level of scrutiny. Rigetti will advance to Stage A, a 6-month performance period focused on the Company’s utility-scale quantum computer concept worth up to $1 million upon completion of program milestones. Rigetti’s proposed concept to design and build a Utility-Scale Quantum Computer (USQC) combines the Company’s proprietary multi-chip architecture with scalable quantum error correction (QEC) codes. Rigetti’s long-time partner and leader in QEC technology, Riverlane, will be collaborating on this project and bringing their expertise to help refine the proposed USQC concept and validate the underlying technology.

DARPA defines a USQC as a system whose computational value exceeds its costs. The dominant factors in the scalability and speed of a USQC are the physical qubit architecture and QEC code. A common QEC technique is surface code, which is embedded onto square lattices of superconducting qubits and requires a significant number of physical qubits. Rigetti’s concept will leverage Quantum Low Density Parity Check (qLDPC) codes, which do not require as high of a physical qubit overhead, making them a more efficient QEC technique for scaling towards fault-tolerant systems. “Rigetti has spent the last decade developing the IP and expertise needed to build and deliver high-performing quantum computers. The DARPA QBI sets out to prove a realistic path to quantum utility, which we believe we are well positioned to deliver,” says Dr.

Subodh Kulkarni, Rigetti CEO. “The DARPA QBI program is closely aligned with Rigetti's technology roadmap, which includes building out our QEC capabilities and developing fault-tolerant architectures.” Rigetti’s quantum computers are based on superconducting qubits, which are a leading modality due to their fast gate speeds and the ability to leverage well-established semiconductor manufacturing techniques. The Company has made several breakthroughs in the superconducting qubit industry that will be the backbone of its roadmap to higher qubit count systems. This includes a novel chip fabrication technique -- Alternating Bias Assisted Annealing (ABAA) -- that enables precise qubit frequency targeting, and innovative multi-chip architecture technology. In recent years Rigetti has deployed quantum systems that leverage vertical I/O, multiple layers of signal lines, and the ability to connect qubits on separate chips with high fidelity.

Subodh Kulkarni, Rigetti Computing president and CEO, joins CNBC’s ‘Squawk on the Street’ to discuss outlooks on Rigetti’s quantum capabilities, what technical hurdles remain, and much more. Rigetti Computing, Inc., a pioneer in full-stack quantum-classical computing, today announced its financial results for the second quarter ended June 30, 2025. Rigetti Computing, Inc. announced today that it will release second quarter 2025 results on August 12, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day.

Rigetti announced that it has achieved its mid-year performance milestone of 99.5% median two-qubit gate fidelity on its modular 36-qubit system, a 2x reduction in median two-qubit gate error rate from Rigetti’s previous best... Visit to Rigetti Computing: Stocks of quantum computing companies have skyrocketed by thousands of percent, even without commercial use.

News Releases Rigetti Co Llc

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