Rigetti Computing Announces CEO Leadership Transition
31 Octobre 2022 - 1:50PM
Rigetti Computing, Inc. (“Rigetti” or the “Company”)
(Nasdaq: RGTI), a pioneer in hybrid quantum-classical
computing, today announced that the Company’s Founder, Dr. Chad
Rigetti, will be transitioning from his position as President and
Chief Executive Officer to focus on advancing the Company’s
products and technology. As part of this next phase of growth, the
Company will conduct a CEO search for Dr. Rigetti’s successor, and
Dr. Rigetti will continue to serve in his current role until a
successor is identified and assumes the position.
“Chad is a pioneer in the development and
commercialization of quantum computers. His vision and leadership
have been instrumental in bringing Rigetti to where we are today,”
said Cathy McCarthy, Chair of the Company’s board of directors. “He
has built a talented and highly capable team with strong and deep
technical expertise to drive our business and technology. We thank
Chad for his leadership and continued contributions to the Company
going forward.”
“I’m incredibly proud of the accomplishments of
our team over the past 9+ years,” said Chad Rigetti. “We’ve built
the first dedicated quantum fab, brought some of the very first
quantum computers to the market, and developed a strong and
differentiated technology position. I believe the combination of
our multi-chip superconducting processors delivered in our hybrid
quantum-classical computing model can become the standard in
quantum computing. I’m looking forward to continuing to advance our
goal of delivering quantum advantage to customers in industries
like finance, logistics, and national security.”
About Rigetti
Rigetti is a pioneer in full-stack quantum
computing. The Company has operated quantum computers over the
cloud since 2017 and serves global enterprise, government, and
research clients through its Rigetti Quantum Cloud Services
platform. The Company’s proprietary quantum-classical
infrastructure provides high performance integration with public
and private clouds for high-performance practical quantum
computing. Rigetti has developed the industry’s first multi-chip
quantum processor for scalable quantum computing systems. The
Company designs and manufactures its chips in-house at Fab-1, the
industry’s first dedicated and integrated quantum device
manufacturing facility. Rigetti has more than 150 patents awarded
and pending. The Company was founded in 2013 by Chad Rigetti and
today employs more than 190 people with offices in the United
States, U.K. and Australia.
Forward-Looking Statements
Certain statements in this communication may be
considered forward-looking statements, including statements with
respect to expectations with respect to a search for a new chief
executive officer of the Company, including the results and timing
thereof, expectations with respect to transitions in management,
including continuity of the business, expectations with respect to
the role of individuals at the Company, including Dr. Rigetti,
statements with respect to advancing and driving the Company’s
business and technology, the potential of the combination of the
Company’s multi-chip superconducting processors delivered in its
hybrid quantum-classical computing model to become the standard in
quantum computing, and advancement of the goal of delivering
quantum advantage to customers in industries like finance,
logistics, and national security. Forward-looking statements
generally relate to future events and can be identified by
terminology such as “pro forma,” “may,” “should,” “could,” “might,”
“plan,” “possible,” “project,” “strive,” “budget,” “forecast,”
“expect,” “intend,” “will,” “estimate,” “believe,” “predict,”
“potential,” “pursue,” “aim,” “goal,” “mission,” “outlook,”
“anticipate” or “continue,” or the negatives of these terms or
variations of them or similar terminology. Such forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
forward-looking statements are based upon estimates and assumptions
that, while considered reasonable by Rigetti and its management,
are inherently uncertain. Factors that may cause actual results to
differ materially from current expectations include, but are not
limited to: Rigetti’s ability to achieve milestones, technological
advancements, including with respect to its roadmap, help unlock
quantum computing, and develop practical applications; the ability
of Rigetti to complete ongoing negotiations with government
contractors successfully and in a timely manner; the potential of
quantum computing; the ability of Rigetti to obtain government
contracts and the availability of government funding; the ability
of Rigetti to expand its QCaaS business; the success of Rigetti’s
partnerships and collaborations; Rigetti’s ability to accelerate
its development of multiple generations of quantum processors; the
outcome of any legal proceedings that may be instituted against
Rigetti or others; the ability to meet stock exchange listing
standards; the risk that the business combination disrupts current
plans and operations of Rigetti; the ability to recognize the
anticipated benefits of its recent business combination with
Supernova, which may be affected by, among other things,
competition, the ability of Rigetti to grow and manage growth
profitably, maintain relationships with customers and suppliers and
retain its management and key employees; costs related to the
business combination with Supernova and operating as a public
company; changes in applicable laws or regulations; the possibility
that Rigetti may be adversely affected by other economic, business,
or competitive factors; Rigetti’s estimates of expenses and
profitability; the evolution of the markets in which Rigetti
competes; the ability of Rigetti to execute on its technology
roadmap; the ability of Rigetti to implement its strategic
initiatives, expansion plans and continue to innovate its existing
services; the impact of the COVID-19 pandemic on Rigetti’s
business; the expected use of proceeds from the Company’s past and
future financings or other capital; the sufficiency of Rigetti’s
cash resources; unfavorable conditions in Rigetti’s industry, the
global economy or global supply chain, including financial and
credit market fluctuations and uncertainty, rising inflation,
increased costs, international trade relations, political turmoil,
natural catastrophes, warfare (such as the ongoing military
conflict between Russia and Ukraine and related sanctions against
Russia), and terrorist attacks; and other risks and uncertainties
set forth in the section entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in the registration on
Form S-4, the Company’s Form 8-K filed with the Securities and
Exchange Commission (the “SEC”) on March 7, 2022, and in the
Company’s Form 10-Q for the three months ended March 31, 2022, and
other documents filed by the Company from time to time with the
SEC, including the Company’s Quarterly Report on Form 10-Q for the
three months ended June 30, 2022. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Forward-looking statements speak
only as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and the Company
assumes no obligation and does not intend to update or revise these
forward-looking statements other than as required by applicable
law. The Company does not give any assurance that it will achieve
its expectations.
Contact:
Rigetti Computing, Inc.Brad Williamspress@rigetti.com
Rigetti Computing (NASDAQ:RGTIW)
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