Rigetti Computing Inc.
Rigetti Computing Reports 2025 Financial Results and Advances Quantum Technology
Summary
Rigetti Computing, Inc. announced its Q4 and full-year 2025 financial results, showing a total revenue of $7.1 million and a GAAP net loss of $216.2 million for the year. The company achieved a 99.9% two-qubit gate fidelity and made strong progress towards deploying a 108-qubit chiplet-based system. Additionally, Rigetti secured an $8.4 million purchase order from India's C-DAC for a 108-qubit quantum system. The company also continues to advance its research in error correction and system scalability.
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About Rigetti Computing Inc.
Rigetti Computing Inc. is at the forefront of a burgeoning sector within the technology industry, specializing in quantum computing. The company's main objective is to develop and commercialize quantum computing solutions that can outperform classical computers in specific tasks, which holds promise for industries like pharmaceuticals, finance, and artificial intelligence. Rigetti's pioneering efforts aim to harness the principles of quantum mechanics to create advanced hardware and cloud platforms that enable complex problem-solving and optimization capabilities. Founded in 2013 and headquartered in Berkeley, California, Rigetti endeavors to merge cutting-edge quantum technology with practical applications, potentially revolutionizing computational methods across various domains. By building a quantum computing ecosystem, Rigetti Computing Inc. plays a crucial role in advancing the technological paradigm, making it a significant entity within the rapidly evolving landscape of modern computing.
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