RC

Rigetti Computing

RGTI
NASDAQInformation Technology
$20.98
USD
+0.35(+1.70%)
At close: Jun 12, 20:00 UTC

Open

$21.15

Prev. Close

$21.16

High

$21.16

Low

$20.91

Market Snapshot

Market Cap

$6.97B

P/E Ratio

-30.9

EPS

-1.10

Revenue

$10.79M

Employees

162

Why RGTI moved

Rigetti Computing has secured $100 million in CHIPS Act funding and introduced its new Cepheus 1 quantum processor, advancing its capabilities in quantum computing technology.

About

Rigetti Computing, Inc. provides full-stack quantum computing services. The company is headquartered in Berkeley, California and currently employs 162 full-time employees. The company went IPO on 2021-03-02. The firm operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. The company has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. The company is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The firm designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.

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