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, help unlock quantum computing, and develop practical applications; 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 ability of the Company to expand its QPU sales; the success of the Company’s partnerships and collaborations; 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; 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, expansion plans and continue to innovate its existing services; 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 financial and credit market fluctuations and uncertainty, rising inflation and interest rates, disruptions in banking systems, increased costs, international trade relations, political turmoil, natural catastrophes, warfare, and terrorist attacks; the Company’s ability to maintain compliance with the continued listing standards of the Nasdaq Capital Market; 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, 2023 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, and other documents filed by the Company from time to time with the SEC.
Learn more at Rigetti Computing Media Contact:press@rigetti.com Cautionary Language Concerning Forward-Looking StatementsCertain statements in this communication may be considered "forward-looking statements” within the meaning of the federal securities laws, including expectations with respect to release by mid-year 2025 of a 36-qubit system based on four 9-qubit chips tiled together, with a targeted 2x reduction in error rates from the current level and release of a system with over 100 qubits with a targeted 2x reduction in error rates from the current level by the end of year 2025; our ability to deliver on our roadmap and performance goals and construct computing systems with capabilities that have not been seen before and finding ways to put those systems to practical use and expectations with respect to superconducting being the winning modality for higher performance quantum computing.
Ankaa-3 has achieved a 99.5% median two-qubit gate fidelity.BERKELEY, Calif., Dec.23, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc.(Nasdaq: RGTI) ("Rigetti” or the "Company”), a pioneer in full-stack quantum-classical computing, announced today the public launch of its 84-qubit Ankaa-3 system.
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