Rigetti Computing
Rigetti: Pioneering cloud quantum computing for global challenges in health, energy, and AI.
Competitive Advantages
Rigetti owns and operates Fab-1, a dedicated superconducting quantum chip foundry that few competitors replicate at its scale. In-house fabrication shortens design cycles and lets engineers tune multi-chip modules, faster gate operations in the 50 to 70 nanosecond range, and high-fidelity two-qubit gates. The multi-chip approach underpins the jump from Novera and Ankaa devices to the 108-qubit Cepheus-1 system.
Public funding and customer orders reinforce the position, including a 100 million dollar CHIPS award vehicle and an 8.4 million dollar order from India's Centre for Development of Advanced Computing. A July 2026 collaboration with HPE and the Pittsburgh Supercomputing Center places Rigetti hardware inside a leading high-performance computing environment. Vertical integration plus on-premises delivery appeals to buyers that need dedicated capacity and data control.
Source: investors.rigetti.com
Memo
Rigetti Computing is headquartered in Berkeley, California and operates Fab-1, its quantum chip fabrication facility in Fremont, California. Subodh Kulkarni has served as president and chief executive officer since December 2022, bringing semiconductor leadership experience to the company. The firm sells quantum processors, on-premises systems, and cloud access to research, government, and enterprise customers.
As of 2026 the leadership team includes chief operating officer Rick Rivas and chief technology officer David Bestwick, who joined in August 2026. The investor governance pages list directors including Kulkarni and Alissa Fitzgerald. The company remains an operating public company focused on scaling qubit counts and improving gate fidelities.
Source: rigetti.com
Product Overview
Rigetti sells the Novera nine-qubit on-premises quantum processor for research and education, plus full on-premises quantum computing systems that scale up to the 108-qubit Cepheus-1 machine. The Cepheus-1-108Q system reached general availability in April 2026 for dedicated customer installations. Rigetti Quantum Cloud Services provides managed cloud access to its processors with simulators and hybrid tooling.
The company also distributes quantum time through Amazon Braket alongside its own cloud, widening developer access. Customers span universities, national laboratories, supercomputing centers, and government programs in the United States and India. The portfolio covers both shared cloud usage and dedicated hardware for sites that need local control and tuning.
Source: rigetti.com