About
Rigetti Computing (Nasdaq: RGTI) is a US-based superconducting quantum computing company. In April 2026, it became the first to deliver a 108-qubit general availability system through its Cepheus-1-108Q processor. The system is available on Amazon Braket, where it is the first device exceeding 100 qubits, and on Rigetti Quantum Cloud Services, delivering 99.1% median 2Q gate fidelity and 99.9% median 1Q gate fidelity. The company reported 7.1 million dollars in 2025 revenue and 4.4 million dollars in first-quarter 2026 revenue, with 569 million dollars in cash as of March 2026, and it is targeting 99.5% 2Q gate fidelity in 2026. In February 2026, Rigetti received an 8.4 million dollar purchase order from C-DAC (Centre for Development of Advanced Computing) India for an on-premises 108-qubit system, with installation in Bengaluru planned for the second half of 2026. In March 2026, Rigetti announced plans to invest up to 100 million dollars in the UK, deploying a quantum computer with over 1,000 qubits within three to four years, its first major investment outside the US. Also in February 2026, Rigetti partnered with Algorithmiq to deploy quantum machine learning for financial fraud detection at the UK NQCC. In September 2025, Rigetti and QphoX were awarded a 5.8 million dollar three-year contract from the Air Force Research Laboratory (AFRL) to develop microwave-to-optical quantum transduction at AFRL's facility in Rome, NY. Rigetti's roadmap targets more than 150 qubits at 99.7% fidelity by late 2026 and over 1,000 qubits by the end of 2027. On 11 May 2026, Rigetti reported Q1 2026 GAAP net income of $33.1 million and a cash position of $569.0 million, a notable shift in financial posture for a company that has historically operated at a loss. On 21 May 2026, Rigetti signed a non-binding letter of intent with the US Department of Commerce for up to $100 million over three years to accelerate superconducting quantum R&D under the CHIPS Act, with the Department to
Quantum Specifications
| Qubit Technology | Superconducting |
| Physical Qubits | 108 |
| 2Q Gate Fidelity | 99.1% |
| Error Correction | In-development |
| Quantum Focus | hardware |
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