Rigetti Computing Closes Investment by Quanta Computer
'We are pleased to take this next step in our strategic collaboration with Quanta,' says Dr. Subodh Kulkarni, Rigetti CEO. 'Quanta's world-leading expertise in notebook and server manufacturing paired with Rigetti as a pioneer in superconducting quantum computing will help put us at the forefront of the quantum computing industry.'
About RigettiRigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti's 9-qubit Novera QPU was introduced in 2023 supporting a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer's existing cryogenic and control systems. The Company's proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry's first dedicated and integrated quantum device manufacturing facility. Learn more at https://www.rigetti.com/.
Rigetti Media Contactpress@rigetti.com
Cautionary Language and Forward-Looking StatementsCertain statements in this communication may be considered 'forward-looking statements' within the meaning of the federal securities laws, including statements with respect to the Company's future success and performance, including expectations with respect to timing of the development and commercialization of superconducting quantum computing; expectations regarding the advantages and impact of the strategic collaboration agreement with Quanta on the Company's operations, technology roadmap, milestones, and the Company's position in the industry. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company's ability to achieve milestones, technological advancements, including with respect to its technology roadmap; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the success of the Company's partnerships and collaborations, including the strategic collaboration with Quanta; the Company's ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Company's estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives and expansion plans; the expected use of proceeds from the Company's past and future financings or other capital; the sufficiency of the Company's cash resources; unfavorable conditions in the Company's industry, the global economy or global supply chain, including rising inflation and interest rates, deteriorating international trade relations, political turmoil, natural catastrophes, warfare and terrorist attacks; and other risks and uncertainties set forth in the section entitled 'Risk Factors' and 'Cautionary Note Regarding Forward-Looking Statements' in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.Sign in to access your portfolio
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Will Rigetti Computing Hit $25 per Share by the End of 2025?
Key Points Rigetti Computing is taking the superconducting quantum computing approach. Many of the major tech companies in quantum computing have also taken this same approach. 10 stocks we like better than Rigetti Computing › Rigetti Computing (NASDAQ: RGTI) is one of the most popular quantum computing pure-play stocks. It's solely focused on making quantum computing commercially relevant, and if it fails at this goal, the stock will become worthless. On the flip side, Rigetti is a very small company, so if it succeeds, the stock has a ton of room to run. This high-risk, high-reward approach may not suit all investors, but there's nothing wrong with it as long as you manage your position sizing. Because Rigetti is a highly speculative stock, it's also quite volatile, so investors will need to be patient and hold through some jarring movements. Right now, it's valued around $15 per share, but with its strong momentum, can it hit $25 per share by the end of 2025? 2030 is a key year for quantum computing If the stock were to increase from $15 to $25, that would result in a quick 66% gain for investors over a short time frame. That's a nice portfolio boost, but how realistic is it? Rigetti Computing is still working toward commercial viability, although it has several products available today for clients to run quantum computing workloads on. Its Novera QPU (quantum processing unit) is a 9-qubit device that represents the best Rigetti has to offer clients today. It's constantly making upgrades and improvements to this QPU, and also has a full stack of other computing components available for deployment and use. However, it will likely be some time before quantum computing is deployed on a wide scale. Most companies point toward 2030 as a turning point, and Rigetti is no exception. Before 2030, the annual market opportunity is expected to be between $1 billion and $2 billion annually, primarily driven by research institutions. After that, the annual market opportunity is projected to be between $15 billion and $30 billion annually, which is a huge potential market for Rigetti to serve. The problem is, Rigetti isn't the only company pursuing this market opportunity. Many top competitors are in the same field as Rigetti Computing In addition to Rigetti, many quantum computing start-ups are pursuing the same goal. They're also competing against established tech players with massive cash flows to fund quantum computing research. Quantum computing is ripe with competition, so Rigetti will have its work cut out for it. Compared to other quantum computing pure plays, I'm not as bullish on Rigetti Computing because of the path it took. There are a few different quantum computing techniques out there, but the most popular by far is superconducting, which is the path that Rigetti took alongside many of the largest tech competitors. Every technology has its benefits and drawbacks, with superconducting being fantastic for fast processing speeds. But it comes at a cost: The particles used for quantum computing must be cooled to near absolute zero. This is an expensive proposition, and can be a limiting factor when trying to capture this market opportunity. There's a possibility that Rigetti could easily be outspent in this race and fall to the wayside, which concerns me about its future. However, it could just as easily outperform others in the superconducting realm and become the market leader. It's impossible to know at this point, so any stock movement is just speculation. As a result, it's possible that Rigetti could reach $25 per share by the end of 2025 based on hype alone or if it announces a new contract. It could also just as easily take a tumble, and investors need to be prepared for all outcomes. Rigetti Computing is a risky stock, but it could work out in the end. Therefore, investors need to know their risk tolerance and size the position appropriately. If you can do that along with buying and holding the stock for several years (likely until 2030), then Rigetti could be a solid long-shot investment pick. However, I prefer other quantum computing pure plays that are taking a different approach than Rigetti, as that differentiating factor helps put some distance between them and the large quantum computing competitors. Should you buy stock in Rigetti Computing right now? Before you buy stock in Rigetti Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Rigetti Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,633!* Now, it's worth noting Stock Advisor's total average return is 1,077% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Keithen Drury has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Will Rigetti Computing Hit $25 per Share by the End of 2025? was originally published by The Motley Fool
