🗒️ Company in the Spotlight! What is Rigetti Computing?

◆ Overview

Rigetti Computing Inc. is a full-stack company headquartered in California, USA, that handles everything from quantum computer design to cloud delivery. It was founded in 2013 by former IBM physicist Chad Rigetti.
• Ticker: RGTI (NASDAQ)
• Founded: 2013
• Location: Berkeley, California
• Specialty: Gate-based quantum computers (superconducting type)

⸻

◆ Key Features

✅ Full-Stack Strategy

Rigetti not only develops quantum processors but also provides a **Quantum Cloud Service (QCS)** that users can access via the cloud. It has also independently developed the programming language "Quil" and the Python library "PyQuil," creating a unique ecosystem not found in other companies.

✅ Technology Development
• Achieved quantum gate operations with its proprietary "Novera" processor.
• Recently focusing on multi-chip configurations in the 36 to 84 qubit class.
• Looking ahead to scalable quantum chips exceeding 100 qubits.

✅ Manufacturing Capability
• Manufactures quantum chips in-house at Fab-1 in Fremont, USA.
• Strengthening production systems with investment from Taiwan's Quanta Computer in 2025.

⸻

◆ Recent Developments and Figures (First Half of 2025)
• 2025 Q1 Revenue: $1.5 million (-52% year-over-year)
• Net Loss: $14.8 million
• Stock Price: Hovering around $13–$14 (all-time high over $21)

⸻

◆ Future Outlook

🔭 Technical Aspect
• Plans to release a 100-qubit class quantum processor by the end of 2025.
• Performance improvements are expected through a scalable "multi-chip architecture."

🤝 Strategic Aspect
• Globalizing manufacturing capabilities through a capital alliance with Quanta.
• Considering participation in US government quantum support policies (National Quantum Initiative).

📉 Risks
• The path to commercial use remains long, and signs of profitability are still thin.
• There are concerns regarding the technological gap with major players like Google and IBM.