RGTI

Quantum thesis

Rigetti is a pure-play superconducting quantum computing company that designs its own multi-chip processors and operates a quantum cloud platform. The thesis rests on superconducting qubits being the same architecture used by IBM and Google, with Rigetti positioned as the smallest-cap way to own that approach. Execution risk is high, revenue is research-grade, and the share count has expanded materially.

Market cap history

About Rigetti Computing, Inc.

Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.