University of Kwazulu-Natal

Rigetti Computing S Path To Quantum Innovation Nasdaq Rgti

Bonisiwe Shabane
-
rigetti computing s path to quantum innovation nasdaq rgti

Rigetti Computing has emerged as one of the most intriguing companies at the intersection of quantum computing and practical business applications. Founded in 2013 by Chad Rigetti, a physicist and entrepreneur, Rigetti Computing set out with a bold mission: to democratize quantum computing and make it accessible to researchers, businesses, and developers around the world. Over the last decade, the company has navigated significant technological challenges, shifting market expectations, and the rapidly evolving landscape of quantum information science. Rigetti Computing was born in Berkeley, California, a hotbed of technological innovation and scientific research. From the start, the company differentiated itself by focusing not just on quantum hardware, but also on building a full-stack solution—integrating quantum chips, control electronics, and cloud-based software into a seamless package. This vision contrasted with many competitors who concentrated narrowly on hardware or software, positioning Rigetti as a pioneer in building usable quantum computing platforms.

In its initial years, Rigetti raised significant venture capital funding and attracted top-tier talent from academia and industry. The company’s approach to superconducting qubits—a type of quantum bit central to many quantum computers—formed the core of its hardware strategy. Rigetti’s researchers worked relentlessly on improving qubit coherence times, error rates, and scalability, aiming to bridge the gap between experimental physics and commercial applications. The company’s signature achievement in the mid-2010s was the development and public release of the Forest cloud platform. This platform allowed developers to write, simulate, and run quantum algorithms remotely on Rigetti’s quantum processors. By prioritizing ease-of-use and open access, Rigetti fostered a community of early adopters who helped advance quantum programming techniques and identified real-world use cases.

As the quantum computing race accelerated, Rigetti found itself competing against much larger players, including IBM, Google, and Microsoft. Despite its smaller size, Rigetti’s agile approach allowed it to innovate rapidly. The company achieved milestones such as demonstrating quantum advantage in select computational tasks and increasing the number of qubits on its devices. Written by None for Quiver Quantitative-> Rigetti Computing achieved 99.5% two-qubit gate fidelity in its 36-qubit system, set to launch August 15, 2025. Rigetti Computing has announced a significant achievement in quantum computing, reaching a median two-qubit gate fidelity of 99.5% with its new modular 36-qubit system, which is a twofold improvement over its previous 84-qubit system.

This new system, comprised of four 9-qubit chiplets, is set to launch on August 15, 2025, and serves as a stepping stone towards developing a 100+ qubit chiplet-based system, also aimed for release before... Rigetti’s CEO, Dr. Subodh Kulkarni, highlighted the advantages of superconducting qubits in achieving faster gate speeds and scalable systems through their proprietary technology. The company continues to innovate and holds a strong position in the market with its full-stack quantum computing solutions. Rigetti Computing announced a median two-qubit gate fidelity of 99.5% on their modular 36-qubit system. The 36-qubit system is set to be launched on August 15, 2025.

Rigetti Computing Inc (NASDAQ:RGTI) is bridging the gap between quantum ambition and reality. The firm secured $21 million in contracts for 2025, showcasing tangible progress toward its goal of a 1,000+ qubit, error-corrected system. With key partnerships and a proven chiplet architecture, the company's roadmap is starting to take shape. "There's really not a single factor that dominates the overall progress on qubit count, fidelity, and other performance characteristics," Rigetti Computing CEO Subodh Kulkarni told Benzinga in an exclusive email interview. But with the latest contracts, investors are now watching tangible progress unfold alongside the company's ambitious four-year revenue roadmap. Read Also: EXCLUSIVE: Rigetti Leverages Nvidia, Chiplets To Outpace IBM And Google In Quantum Race

Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement NEW YORK, December 30, 2025, 21:48 ET — Market closed Rigetti Computing, Inc. shares closed up 0.7% at $22.41 on Tuesday. About 24.9 million shares changed hands, a level traders flagged as elevated for the stock.

The move mattered because quantum-computing “pure plays” have been a fast-money trade in late December, with sharp rallies followed by quick pullbacks as liquidity thins. Investors.com said the group saw a brief surge on Dec. 22 before a three-day sell-off tied to profit-taking and lighter institutional activity during the holidays. Investors Fresh coverage has kept the sector on traders’ screens even as questions linger over timing for commercial adoption. Barron’s said Jefferies rated Rigetti “Hold” on concerns about reliance on government contracts, noting that 90% of its 2024 revenue came from such work.

Barron’s A Tuesday analysis on Nasdaq.com by Zacks Investment Research compared Rigetti with larger peer IonQ and pointed to the company’s near-term execution risk. “Rigetti remained focused on execution within superconducting quantum hardware,” Zacks writer Urmimala Biswas said, while noting the company’s end-2025 goal for a 100+ qubit “chiplet” system—multiple smaller chips packaged together to scale performance—and a... Zacks also said estimates for Rigetti’s 2026 loss widened to 18 cents a share from 16 cents over the past month and put the stock’s price-to-sales multiple at roughly 220 times. Nasdaq Rigetti Computing Inc.’s significant stock boost on Wednesday is largely driven by its newly secured $50M government contract, which fuels innovation in quantum computing; on Wednesday, Rigetti Computing Inc.’s stocks have been trading up...

Live Update At 12:04:11 EST: On Wednesday, March 12, 2025 Rigetti Computing Inc. stock [NASDAQ: RGTI] is trending up by 7.44%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below. As Tim Bohen, lead trainer with StocksToTrade says, “I focus on momentum that’s visible right now. Speculation on future moves is outside my playbook.” This approach is vital for traders who aim to make decisions based on current trends rather than uncertain future predictions. By concentrating on present data and visible market momentum, traders can position themselves to respond more effectively to the market’s immediate behaviors and reduce the risks associated with forecasting future movements.

Rigetti Computing, a name once whispered in the corridors of quantum computing circles, is now roaring through the walls of the quantum cosmos. This engineering exuberance, marked by collaborations and financial forecasts, has thrust the company into uncharted territories. While intriguing partnerships and ambitious projects write Rigetti’s tale of innovation, the financial undertone continues to captivate investors’ curiosity. Examining the recent earnings paint a picture more turbulent than serene. With ups and downs as far-reaching as their qubit-readout advancements, Rigetti’s Q4 earnings disclosed an EPS of (68c), considerably lower than expectations. But, like storms that come only to pass, the financial low is not without prospects.

This was set against a backdrop of Rigetti’s strengthened alliance with Quanta Computer, bringing a promise of future robust market positioning.

People Also Search

Rigetti Computing Has Emerged As One Of The Most Intriguing

Rigetti Computing has emerged as one of the most intriguing companies at the intersection of quantum computing and practical business applications. Founded in 2013 by Chad Rigetti, a physicist and entrepreneur, Rigetti Computing set out with a bold mission: to democratize quantum computing and make it accessible to researchers, businesses, and developers around the world. Over the last decade, the...

In Its Initial Years, Rigetti Raised Significant Venture Capital Funding

In its initial years, Rigetti raised significant venture capital funding and attracted top-tier talent from academia and industry. The company’s approach to superconducting qubits—a type of quantum bit central to many quantum computers—formed the core of its hardware strategy. Rigetti’s researchers worked relentlessly on improving qubit coherence times, error rates, and scalability, aiming to brid...

As The Quantum Computing Race Accelerated, Rigetti Found Itself Competing

As the quantum computing race accelerated, Rigetti found itself competing against much larger players, including IBM, Google, and Microsoft. Despite its smaller size, Rigetti’s agile approach allowed it to innovate rapidly. The company achieved milestones such as demonstrating quantum advantage in select computational tasks and increasing the number of qubits on its devices. Written by None for Qu...

This New System, Comprised Of Four 9-qubit Chiplets, Is Set

This new system, comprised of four 9-qubit chiplets, is set to launch on August 15, 2025, and serves as a stepping stone towards developing a 100+ qubit chiplet-based system, also aimed for release before... Rigetti’s CEO, Dr. Subodh Kulkarni, highlighted the advantages of superconducting qubits in achieving faster gate speeds and scalable systems through their proprietary technology. The company ...

Rigetti Computing Inc (NASDAQ:RGTI) Is Bridging The Gap Between Quantum

Rigetti Computing Inc (NASDAQ:RGTI) is bridging the gap between quantum ambition and reality. The firm secured $21 million in contracts for 2025, showcasing tangible progress toward its goal of a 1,000+ qubit, error-corrected system. With key partnerships and a proven chiplet architecture, the company's roadmap is starting to take shape. "There's really not a single factor that dominates the overa...