Rigetti Computing Aims for 1,000-Qubit Quantum System by 2027 Amid $11M in Orders
Rigetti Computing (RGTI) unveiled an ambitious roadmap targeting a 1,000-qubit quantum system by 2027, leveraging a modular chiplet-based design to accelerate scalability. The company plans incremental milestones: a 100+ qubit system with 99.5% two-qubit fidelity by late 2025, followed by 150+ qubits in 2026. While rivals prioritize error correction, Rigetti’s hardware-first approach trades immediate precision for faster scaling—a strategy fraught with engineering challenges but potential for near-term commercial gains.
Investors remained cautious despite $11 million in new orders, including $5.7 million for two 9-qubit systems. Shares fell 5.08% to $31.40, reflecting skepticism about the capital-intensive quantum race. The lack of direct cryptocurrency or exchange linkages in Rigetti’s announcement underscores its niche focus within quantum computing’s broader infrastructure play.
