$RGTI | Rigetti Computing Q2 2025 Highlights

4 months ago

Uncle Stock Notes

"RGTI (earnings update): Cepheus-1-36Q multi-chip quantum computer hits GA with 99.5% fidelity (error rate halved). Validates scaling strategy but $19.9M quarterly burn vs $1.8M rev. $571.6M cash from $350M ATM gives runway to hit 100+ qubit goal by year-end. Key risks: tech uncertainty, cash burn, competition (IONQ, Google, IBM)."

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