Rigetti Computing: Should Benefit Greatly From Novera Partnership Program

Summary:

  • Rigetti Computing is a company developing full-stack quantum supercomputer services through its cloud-based platform, Forest.
  • The company’s stock has experienced disappointing performance since going public, losing 89% of its value, but has gained momentum YTD with a 16% increase.
  • The recently launched Novera QPU partnership program should benefit Rigetti significantly, in my opinion, driving future QPU sales and advancing the quantum computing industry.

Inside the Quantum Lab, wide center shot. V01

John D

Founded in 2013, Rigetti Computing (NASDAQ:RGTI) is a company developing full-stack quantum supercomputer services available through its cloud-based platform, Forest.

Having gone public through a SPAC transaction in 2021, share performance has been disappointing so far. Trading around $9 price


Analyst’s Disclosure: I/we have a beneficial long position in the shares of RGTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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