Welcome to our dedicated page for Rigetti Computing news (Ticker: RGTI), a resource for investors and traders seeking the latest updates and insights on Rigetti Computing stock.
Rigetti Computing, Inc. (Nasdaq: RGTI) is a quantum technology company focused on full-stack quantum and quantum-classical computing. This news page aggregates company press releases and third-party coverage related to Rigetti’s superconducting qubit systems, cloud services, and on-premises quantum hardware.
Readers can follow updates on Rigetti’s technology roadmap, including announcements about its Cepheus-1 multi-chip quantum computers, such as the 36-qubit Cepheus-1-36Q and the 108-qubit Cepheus-1-108Q system based on modular 9-qubit chiplets. News items describe performance milestones like reported median two-qubit gate fidelities, gate speeds, and architectural improvements in chiplet design and couplers.
Rigetti’s news also covers commercial developments, such as purchase orders for Novera quantum computing systems, collaborations with academic institutions like Montana State University, and engagements with national laboratories and defense-related organizations. Company releases discuss contracts and collaborations, including work with the Air Force Research Laboratory on superconducting quantum networking and a Memorandum of Understanding with India’s Centre for Development of Advanced Computing to explore hybrid quantum computing systems.
Investors and researchers can use this page to monitor financial results announcements, conference participation, and ecosystem partnerships, including Rigetti’s support for NVIDIA NVQLink and integrations with AI supercomputing platforms. By reviewing the news feed, users gain insight into Rigetti’s progress in superconducting qubit technology, multi-chip architectures, hybrid quantum-classical systems, and its relationships with enterprise, government, and research clients.
Rigetti Computing (NASDAQ:RGTI) has signed a Memorandum of Understanding (MOU) with India's Centre for Development of Advanced Computing (C-DAC) to explore co-development of hybrid quantum computing systems. The collaboration aims to support government laboratories and academics in quantum computing R&D.
The partnership leverages C-DAC's expertise in high-performance computing and Rigetti's superconducting quantum computing systems. Rigetti's technology features superconducting qubits that are 1,000 times faster than alternative qubit modalities. The company recently demonstrated Cepheus™-1-36Q, the industry's largest multi-chip quantum computer, with plans to scale to 100+ qubits by end of 2025.
This collaboration aligns with India's ChipIN initiative for domestic semiconductor capabilities and comes amid significant government investments in quantum computing, with global government funding reaching $1.8B in 2024 and exceeding $10B in early 2025.
Rigetti Computing (NASDAQ:RGTI) has announced a strategic collaboration with Montana State University (MSU) to advance quantum computing research and innovation. The partnership marks a significant milestone with the opening of MSU's QCORE facility, making it the first academic institution to house an on-premises Rigetti quantum computer.
The facility features a 9-qubit Novera™ QPU, based on Rigetti's Ankaa™-class architecture. The collaboration encompasses research projects in quantum hardware, hybrid quantum systems, workforce development, and component testing. The partnership also aligns with Rigetti's existing work with the Air Force Research Lab (AFRL), demonstrating the company's commitment to advancing quantum technologies through public-private partnerships.
Rigetti Computing (NASDAQ:RGTI) reported Q2 2025 financial results and announced the general availability of Cepheus™-1-36Q, the industry's largest multi-chip quantum computer. The company reported revenue of $1.8 million with a net loss of $39.7 million.
Key achievements include a 2x reduction in two-qubit gate error rate from its previous system, achieving 99.5% median two-qubit gate fidelity. The four-chiplet system represents the largest number of chiplets in a quantum computer. The company successfully raised $350 million through an equity offering, ending Q2 2025 with $571.6 million in cash and investments.
Rigetti plans to release a 100+ qubit chiplet-based system with 99.5% median two-qubit gate fidelity by the end of 2025.
Rigetti Computing (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, has scheduled its second quarter 2025 financial results release for August 12, 2025 after market close.
The company will host a conference call at 5:00 p.m. ET / 2:00 p.m. PT on the same day to discuss financial results and provide business updates. Investors can access the live webcast through the company's investor relations website, with a replay available for one year following the call.
Rigetti Computing (Nasdaq: RGTI) has achieved a significant technical milestone with its new 36-qubit quantum computer system, demonstrating a 99.5% median two-qubit gate fidelity - representing a 2x reduction in error rate compared to its previous 84-qubit Ankaa-3 system.
The new system utilizes four 9-qubit chips (chiplets) tiled together, showcasing Rigetti's proprietary modular chip technology. The company plans to launch the 36-qubit system on August 15, 2025, and remains on track to release a 100+ qubit chiplet-based system with 99.5% fidelity by the end of 2025.
CEO Dr. Subodh Kulkarni highlighted that their superconducting qubits offer gate speeds 1,000x faster than competing technologies like ion trap and pure atoms, while maintaining scalability advantages.
Rigetti Computing (NASDAQ: RGTI), a pioneer in full-stack quantum-classical computing, has announced that CEO Dr. Subodh Kulkarni will participate in a fireside chat at the 20th Annual Needham Technology, Media & Consumer Conference. The event is scheduled for May 9, 2025, at 1:30 PM ET. Investors can access the live webcast through Rigetti's Investor Relations website, and a replay will be available for 90 days after the event.
QphoX, Rigetti Computing (NASDAQ: RGTI), and the National Quantum Computing Centre (NQCC) have secured a multinational grant to develop optical readout technology for superconducting quantum computers. The collaboration follows a successful demonstration where QphoX and Rigetti achieved optical readout of a single superconducting qubit using microwave-to-optical transduction.
The 33-month project will focus on scaling QphoX's optical qubit readout system to interface with Rigetti's 9-qubit Novera QPU, enabling optical readout of all qubits. The system will be installed at the NQCC facility. This innovative approach could replace conventional microwave amplifiers and coaxial wiring, offering significant scaling advantages due to lower heat dissipation and minimal passive heat loads from optical fiber.