Rigetti Computing Selected to Participate in DARPA’s Quantum Benchmarking Initiative
Rigetti Computing, Inc. (RGTI)
Company Research
Source: GlobeNewswire
BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). The primary goal of QBI is to determine if any approach to quantum computing can achieve utility-scale operation by 2033. QBI will use a multi-stage approach, Stages A, B, and C, to assess the proposed concepts, with each stage representing an increased level of scrutiny. Rigetti will advance to Stage A, a 6-month performance period focused on the Company’s utility-scale quantum computer concept worth up to $1 million upon completion of program milestones. Rigetti’s proposed concept to design and build a Utility-Scale Quantum Computer (USQC) combines the Company’s proprietary multi-chip architecture with scalable quantum error correction (QEC) codes. Rigetti’s lo
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RGTI
Earnings
- 11/10/25 - Beat
RGTI
Sec Filings
- 12/10/25 - Form 4
- 12/9/25 - Form 144
- 11/21/25 - Form 4
- RGTI's page on the SEC website