Rigetti Computing, Inc. (RGTI)
NASDAQ (CM) NASDAQ (CM) Primary Summary
RGTI Stumbles on Weak Q3 and DARPA Phase B Miss: Time to Hold or Fold?
Rigetti's weak Q3 and a DARPA Phase B miss weigh on shares, though new contracts and a bold hardware roadmap test investor patience.
Rigetti Computing, Inc. (RGTI) Is a Trending Stock: Facts to Know Before Betting on It
Rigetti Computing (RGTI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Should You Buy Rigetti Computing Stock After Its 2,750% Gain Since 2024? Wall Street Has a Surprising Answer.
Rigetti Computing shares have advanced 2,750% since January 2024, but every Wall Street analyst who follows the company still expects upside in the stock. Rigetti benefits from vertical integration, and it was the first company to develop a multichip quantum processor, but its technology will not be widely useful for a decade or more.
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Rigetti Computing, Inc. Profile
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Subodh K. Kulkarni CEO | NASDAQ (CM) Exchange | 76655K103 CUSIP |
| US Country | 137 Employees | - Last Dividend | - Last Split | 22 Apr 2021 IPO Date |
Overview
Rigetti Computing, Inc., established in 2013 with its headquarters in Berkeley, California, operates as a pioneering entity in the quantum computing sector. Through its subsidiaries, the company is dedicated to manufacturing quantum computers and the superconducting quantum processors that power them. Rigetti Computing has taken a significant role in advancing quantum computing technologies, offering its services to commercial enterprises, government organizations, and international government entities. The company boasts operations both in the United States and the United Kingdom, showcasing its global reach and commitment to expanding the accessibility and application of quantum computing across various sectors.
Products and Services
- Quantum Processing Unit (QPU)
Among Rigetti's offerings is the quantum processing unit, delivered through the cloud. Notably, their fleet includes the 9-qubit chip and the Ankaa-2 system, both marketed under the Novera brand name. This innovative approach allows Rigetti Computing to provide its clients with cutting-edge quantum computing capability without the need for physical hardware on-site.
- Quantum Computing as a Service (QCaaS)
Rigetti Computing sells access to its quantum computers via a service model, enabling businesses and researchers to utilize quantum computing resources tailored to their specific project requirements. This service demystifies quantum computing, making it more accessible to a broader audience and facilitating its integration into various research and commercial projects.
- Quantum Cloud Services
The company's quantum cloud services offer comprehensive support ranging from programming and cloud integration to connectivity. These services are designed to smooth the transition for clients looking to integrate quantum computing within their existing public or private cloud architectures, thus ensuring a seamless melding of traditional and quantum computing resources.
- Quantum Operating System Software
Rigetti has developed quantum operating system software that supports both public and private cloud architectures, thus enabling a versatile foundation for quantum computing applications. This software is crucial for businesses and researchers, as it paves the way for the development and deployment of quantum applications across various cloud platforms.
- Professional Services
To further support its clients, Rigetti offers a suite of professional services, including algorithm development, benchmarking, quantum application programming, and software development. These services are tailored to help clients maximize the potential of quantum computing for their specific needs, ensuring they can leverage the technology effectively for their projects.
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