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.

Chad Rigetti

Rigetti Computing, Inc.

Spectral Capital Corporation is a publicly traded technology accelerator specializing in the quantum computing sector. It provides venture building services to quantum computing companies and focuses on guiding development and innovation through an artificial intelligence platform and industry advisors.

Spectral Capital Corporation

Rigetti Computing is building the world’s most powerful computers to help solve humanity’s most pressing and important problems. These systems will perform computations that today’s fastest supercomputers are incapable of — unlocking entirely new classes of problems and offering a direct path to solutions. We believe quantum computing is going to significantly affect health care, how we treat disease, how we generate energy, and how we feed humanity. Our superconducting quantum computing systems are available over the cloud via Rigetti Quantum Cloud Services. 

We were founded in 2013 by Chad Rigetti. We are located in Berkeley and Fremont, California, and have employees based all over the world.


Small Business Research Initiative

Bessemer Venture Partners

In-Q-Tel

Alumni Ventures

Ampere Computing

Keysight Technologies

T. Rowe Price

Franklin Templeton

Palantir Technologies

Seabed VC

Streamlined Ventures

Morpheus Ventures

DCVC

EDBI

Northgate Capital

Rigetti Computing

Today we are thrilled to introduce the Novera™ QPU, the first commercially available QPU from Rigetti. Based on our fourth generation Ankaa™-class architecture, the Novera QPU features tunable couplers and a square lattice for denser connectivity and fast 2-qubit operations. The Novera QPU is manufactured in Rigetti’s Fab-1 and includes all of the hardware below the mixing chamber plate of a dilution refrigerator. Advance your quantum research with hands-on access to the same technology we use in our most powerful QPUs. The Novera QPU is now available to order at rigetti.com/novera.

Learn more about the Novera QPU in our press release: https://lnkd.in/dAKii9Tw

We are thrilled to announce that alongside Amazon Web Services (AWS), Imperial College London, and Standard Chartered, we were awarded an Innovate UK grant to develop quantum machine learning techniques designed to enable financial institutions to more effectively process, interpret, and make decisions with complex data streams. 

Financial institutions need to continuously interpret complex data streams to extract information necessary for providing many services, including accurate credit risk evaluation and predicting emissions in the context of green finance. Classical machine learning techniques used to assist and provide insights to these services have limitations as these data streams are, in general, complex. Combining quantum computing with classical machine learning methodology could offer more powerful resources for processing these data streams, given the potential for quantum computers to process some types of information more efficiently than with classical resources alone. 

🚀 Rigetti’s 84-qubit Ankaa™-2 system is now available to all Microsoft Azure Quantum users to develop and run quantum applications! The Ankaa-2 system is based on our fourth generation chip architecture that features tunable couplers and a square lattice, enabling high fidelity 2-qubit operations. Get started today: https://lnkd.in/gg2PUZ5E

⚛ The Ankaa-2 system is Rigetti’s highest qubit count QPU available to the public and has achieved a 98% median 2-qubit fidelity, a 2.5x performance improvement compared to Rigetti’s previous QPUs: https://lnkd.in/gXKkeDpv 

Our 84-qubit Ankaa™-2 system is now commercially available to all of our customers via Rigetti Quantum Cloud Services (QCS™). We are also excited to announce that the Ankaa-2 system has achieved a 98% median 2-qubit fidelity, a 2.5x improvement compared to our previous QPUs. 

The public launch of the Ankaa-2 system follows the release of the Novera™ QPU, our first commercially available QPU, which is based on the same Ankaa-class architecture and designed for hands-on access to state-of-the-art quantum hardware for foundational quantum computing R&D. 

Metric
Company Name	Rigetti Computing, Inc.	Spectral Capital Corporation
Symbol	RGTI
MSH ID	COM:RIGETTI	COM:SPECTRALCAPITAL
Market	STOCKS	STOCKS
Sector	Technology	Technology
Industry	Computer Hardware	Quantum Computing
Country	US	US
Stage	Post-IPO Equity	Post-IPO Equity
Employee Count	134
Website	rigetti.com	spectralcapital.com
LinkedIn	rigetti-computing
Founders

Metric
Market Cap	185.67M
Enterprise Value
Monthly Web Traffic	8.59K	88
Web Traffic Growth	0.07	-0.28
Valuation
Raised Capital	100M	15M

Metric
Revenue	12.01M
Revenue (LTM)
Revenue (NTM)
Gross Profit	100K
EBITDA	-62.20M
Operating Income	-71.30M
Net Income	-75.11M
EPS	-0.57
Diluted EPS	-0.57
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.65
Operating Profit Margin	-5.20
EBITDA Margin	-5.18
Net Profit Margin	-5.39
Return on Equity	-0.59
Return on Assets	-0.42
Return on Capital Employed	-0.49

COM:RIGETTI

Rigetti Computing, Inc.

Last Close

1.48

22/11 21:00

Market Cap

185.67M

Beta: -

Volume Today

14.34M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-1.75
P/B Ratio	1.39
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	22.65
EV Multiple	-2.21

Metric
Days Sales Outstanding	74.43
Days Payables Outstanding	191.99
Days Inventory Outstanding	0.00
Operating Cycle	152.85
Cash Conversion Cycle	77.53
Asset Turnover	0.08

Metric
Operating Cash Flow	-50.58M
Free Cash Flow	-59.64M
Cash Flow to Debt	-2.08
Operating Cash Flow/Sales	-3.45
Free Cash Flow Yield	-0.37

Metric
Cash & Equivalents	21.39M
Accounts Receivable	1.21M
Inventory
Goodwill
Debt to Capitalization	0.18
Debt to Assets	0.20
Current Ratio	5.06
Quick Ratio	4.42

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	1.08
R&D to Revenue	3.80
SG&A to Revenue	2.01