Rigetti Computing

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

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Earnings data Q4 2024

Rigetti Computing advances quantum systems amidst financial challenges and growth opportunities

Rigetti Computing progresses with advanced quantum systems, strong financial backing, and strategic partnerships, but faces challenges in scaling and financial performance.
Opportunities in government funding, research collaborations, and technological innovation offer avenues for growth and differentiation in the competitive quantum computing landscape.

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FREMONT, Calif., Sept. 16, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, will share business developments, including updates regarding its partnerships, Fab-1 facility, and status of its technology roadmap, ahead of its previously announced inaugural investor day.

Rigetti Announces New Partnerships, Provides Business Updates at Inaugural Investor Day

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BERKELEY, Calif., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announces that it has launched Rigetti QCS™ in Public Preview on Microsoft's Azure Quantum platform. Previously in Private Preview, all Azure Quantum users can now access Rigetti's Aspen-M-2 80-qubit and Aspen-11 40-qubit superconducting quantum processors on demand to develop and run quantum applications.

Rigetti Expands QCS™ Availability to Microsoft's Azure Quantum Platform

BERKELEY, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) -- WHAT: Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, will be hosting its inaugural Investor Day.

MEDIA ALERT: Rigetti Computing to Host & Webcast Inaugural Investor Day on Friday, Sept. 16

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BERKELEY, Calif., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced that it will host its inaugural Investor Day on Friday, September 16, 2022, from 8:30 a.m. to 11:00 a.m. PT (11:30 a.m. to 2:00 p.m. ET). During the event, members of Rigetti's leadership team will share presentations and hold Q&A sessions on Rigetti's technology roadmap progress, long-term strategic planning, key business initiatives, and more.

Rigetti Computing to Host and Webcast 2022 Investor Day Live on September 16, 2022

BERKELEY, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced its investor conference schedule for August and September 2022. During the period, management will take one-on-one meetings at the Needham & Co. Semiconductor, Jefferies Semiconductor, and Deutsche Bank Technology investor conferences. Chad Rigetti, founder and CEO, also will participate in a fireside chat at the Deutsche Bank Technology conference.

Rigetti Computing Announces Upcoming Investor Conference Schedule

Rigetti Computing, Inc. (NASDAQ:RGTI ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants Polly Pearson - Investor Relations Chad Rigetti - Founder and Chief Executive Officer Brian Sereda - Chief Financial Officer Conference Call Participants David Williams - Benchmark Company Trevor Janoskie - Needham Operator Good day and thank you for standing by. Welcome to the Rigetti Computing Second Quarter 2022 Earnings Conference Call.

Rigetti Computing, Inc. (RGTI) CEO Chad Rigetti on Q2 2022 Results - Earnings Call Transcript

BERKELEY, Calif., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the second quarter and six months ended June 30, 2022.

Rigetti Computing Reports Second Quarter 2022 Financial Results and Provides Business Update

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Rigetti will lead a team that includes University of Technology Sydney, Aalto University, and University of Southern California Rigetti will lead a team that includes University of Technology Sydney, Aalto University, and University of Southern California

Rigetti Awarded DARPA Contract for Quantum Application Benchmarking

BERKELEY, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release second quarter 2022 results on Thursday, August 11, 2022, 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 Computing to Report Second Quarter 2022 Financial Results and Host Conference Call on August 11, 2022

Current Director Cathy McCarthy Appointed Chairperson of the Board Current Director Cathy McCarthy Appointed Chairperson of the Board

Rigetti Computing Announces Chairperson Transition

BERKELEY, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the Company is set to join the Russell 3000® Index. Inclusion is scheduled to take place at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022, according to the final list of additions posted June 24, 2022.

Rigetti Computing to Join Russell 3000® Index

LONDON, June 21, 2022 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced the launch of its 32-qubit Aspen-series quantum computer in the UK. The system, which is Rigetti's first UK-based quantum computer, will be available to its UK partners over the cloud through Rigetti QCS™.

Rigetti Computing Expands Global Presence with UK Quantum Computer Launch

BERKELEY, Calif., May 17, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, announced today that Chad Rigetti, founder and CEO of the Company, will participate in a fireside chat at the 17th annual Needham Technology & Media Conference.

Rigetti Computing to Present at 17th Annual Needham Technology & Media Conference

Rigetti Computing, Inc. (NASDAQ:RGTI ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Polly Pearson - SVP, IR, Sharon Merrill Associates Chad Rigetti - Founder and CEO Brian Sereda - CFO Conference Call Participants David Williams - Benchmark Sidney Ho - Deutsche Bank Quinn Bolton - Needham & Company Operator Good day. Thank you for standing by and welcome to the Rigetti Computing First Quarter 2022 Earnings Conference Call and Webcast.

Rigetti Computing, Inc. (RGTI) CEO Chad Rigetti on Q1 2022 Results - Earnings Call Transcript

Rigetti's Fab-1 is located in Silicon Valley and is the world's first dedicated and integrated quantum fab.

Rigetti Computing Reports First Quarter 2022 Financial Results and Provides Business Update

Berkeley, CA, April 20, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the addition of Eric Ostby as Vice President of Product, effective April 12, 2022.

Rigetti Hires Eric Ostby as Vice President of Product

BERKELEY, Calif., April 19, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced that Taryn Naidu, who had served as Chief Operating Officer, is no longer with the Company. Mr. Naidu's departure is not related to any matter regarding the Company's financial condition, reported financial results, internal controls or disclosure controls and procedures.

Rigetti Computing Announces COO Leadership Transition

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Berkeley, Calif., March 21, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the addition of Greg Peters as Chief Revenue Officer, effective as of March 14. In his new role, Peters will lead global commercialization and growth efforts with the goal of expanding the Company's Quantum Computing as a Service (QCaaS) business in the public and private sectors. With extensive experience in high technology go-to-market strategy and execution, Peters has a history of successfully introducing industry-leading solutions and offerings to drive top- and bottom-line growth.

Rigetti Computing Adds Greg Peters as Chief Revenue Officer

BERKELEY, Calif., March 10, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in hybrid quantum-classical computing, recently announced its financial results for the eleven months ended December 31, 2021 (fiscal year 2021)1.

Rigetti Computing Announces Financial Results for Fiscal Year 2021; Delivers 48% Year-over-Year Revenue Growth and Further Accelerates Business Momentum Through Technology Leadership

Supernova Partners Acquisition Co II Ltd

BERKELEY, Calif., March 02, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in hybrid quantum-classical computing, and Supernova Partners Acquisition Company II, Ltd. (“Supernova”) (NYSE: SNII), a special purpose acquisition company, today announced the completion of their Business Combination (the “Business Combination”). The Business Combination was approved by Supernova's shareholders at Supernova's Extraordinary General Meeting held on February 28, 2022. In connection with the closing, Supernova changed its name to “Rigetti Computing, Inc.” Starting this morning, Rigetti's common stock and warrants will trade on the Nasdaq Capital Market under the ticker symbols “RGTI” and “RGTIW,” respectively.

Rigetti Computing Announces Closing of Business Combination with Supernova Partners Acquisition Company II, Ltd.; Begins Trading on Nasdaq Capital Market Today

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