Rigetti Computing, Inc. RGTI

Company Overview

Rigetti Computing, Inc. is a U.S.-based quantum computing company focused on developing superconducting quantum processors, quantum computing systems, and cloud-based quantum computing services. The company operates primarily within the quantum technology, advanced computing, and cloud infrastructure industries. Rigetti’s business centers on designing and manufacturing quantum processing units (QPUs), integrating those processors into full-stack quantum computing systems, and providing access to quantum resources through cloud platforms. Revenue has historically been generated through government research contracts, cloud-based quantum computing access, collaborative development agreements, and technology services.

The company was founded in 2013 by Chad Rigetti, a former IBM quantum researcher, with the goal of vertically integrating the quantum computing stack, including chip fabrication, control systems, and software. Rigetti became publicly traded through a merger with a special purpose acquisition company in 2022. The company has positioned itself as a full-stack quantum computing provider with proprietary superconducting qubit technology and in-house fabrication capabilities. Its strategic positioning is tied to hybrid quantum-classical computing systems and modular quantum processor architectures intended to improve scalability and performance.