Quantum Advantage

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Rigetti Computing Stays The Course In Push For Quantum Advantage
Benzinga· 2025-08-13 18:07
Rigetti Computing, Inc. RGTI shares are trading higher on Wednesday.The firm released its second-quarter results after Tuesday’s closing bell, with quarterly losses of 13 cents per share, which missed the analyst consensus estimate for losses of 6 cents. Quarterly revenue came in at $1.8 million, which missed the analyst consensus estimate of $1.88 million and is down from revenue of $3.086 million from the same period last year.Also Read: Rigetti Vs. IonQ: Will Cash Beat Speed In Race For Quantum Advantage ...
Rigetti Computing CEO on quantum roadmap
CNBC Television· 2025-08-13 15:30
Regetti Computing reporting earnings after the bell yesterday announcing the general availability of its Sephius i36Q multi-chip quantum computer. You can see the stocks down a bit on results up though almost 1,700% over the last 12 months. Joining us in a CNBC exclusive is Rietti CEO uh Sue Bo Carney.Good to have you. Um, what advances have you most recently reported that are giving you the confidence to believe that the scale you need to start to really take on the hopes and dreams of all of those who foc ...
Rigetti(RGTI) - 2025 Q2 - Earnings Call Transcript
2025-08-12 22:02
Rigetti Computing (RGTI) Q2 2025 Earnings Call August 12, 2025 05:00 PM ET Company ParticipantsSubodh Kulkarni - CEO, President & DirectorJeffrey Bertelsen - CFOTroy Jensen - Managing DirectorSteven Chin - Vice PresidentTyler Anderson - Equity Research AssociateBrian Kinstlinger - MD, Director - Research & Head - Technology ResearchCraig Ellis - Director - ResearchConference Call ParticipantsDavid Williams - Equity Research AnalystQuinn Bolton - Senior AnalystOperatorGood day, and thank you for standing by. ...
Rigetti(RGTI) - 2025 Q2 - Earnings Call Transcript
2025-08-12 22:00
Rigetti Computing (RGTI) Q2 2025 Earnings Call August 12, 2025 05:00 PM ET Speaker0Good day, and thank you for standing by. Welcome to the Rigetti Computing Second Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone.You will then hear an automated message advising your hand is raise ...
Can Rigetti's Chiplet Strategy Secure Its Spot in DARPA's Next Phase?
ZACKS· 2025-08-12 17:10
Key Takeaways Rigetti targets a 4X9-qubit chiplet system and 100+ qubits with high fidelities by year-end.$35M from Quanta adds funding and manufacturing support for Rigetti's non-QPU hardware.Key 2025 milestones include the chiplet demo, DARPA's Phase B decision, and Quantas progress.Rigetti Computing (RGTI) is taking an aggressive step to scale its quantum systems with a chiplet-based design — smaller, high-quality modules linked together to overcome the limits of single-chip architectures. The company is ...
Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cramer Names Another Stock To 'Own'
Benzinga· 2025-07-18 20:51
Quantum Computing Sector Overview - The quantum computing sector experienced significant developments this week, with notable advancements from Rigetti Computing and D-Wave Quantum, as well as commercial activity from Quantum Computing, Inc. and IonQ [1] Rigetti Computing – RGTI - Rigetti Computing achieved a performance breakthrough, reporting a 99.5% median fidelity rate for two-qubit gates on its 36-qubit modular system, leading to a 40% increase in its stock price over the week [2] - The CEO of Rigetti, Subodh Kulkarni, indicated that the company is approximately four years away from achieving quantum advantage, which is expected to drive commercial interest [3] D-Wave Quantum – QBTS - D-Wave Quantum saw its shares rise nearly 30% this week, driven by retail investor interest and a recommendation from CNBC's Jim Cramer to "own" the stock [4] Quantum Computing, Inc. – QUBT - Quantum Computing, Inc. reported an 11% increase in its stock price over the past week, following the announcement of its first commercial sale of quantum security technologies to a top-five U.S. bank, valued at approximately $332,000 [5] IonQ – IONQ - IonQ completed the acquisition of Capella Space and plans to develop a space-based Quantum Key Distribution (QKD) network by integrating Capella's satellite infrastructure with its quantum technology, aiming to enhance secure communications [6] - IonQ is set to report its second-quarter financial results on August 6, with analysts predicting a loss of 27 cents per share and revenue of $17.23 million [7]
BTQ Launches World's First Quantum Proof-of-Work Simulator, Delivering the First Commercial Demonstration of Quantum Advantage in Blockchain Consensus
Prnewswire· 2025-07-08 11:30
BTQ Quantum Proof-of-Work (QPoW) Simulator offers a live, interactive platform to demonstrate quantum-native consensus mechanisms that remain compatible with existing blockchain infrastructure. QPoW delivers measurable quantum advantage while eliminating vulnerabilities to quantum attacks, offering energy-efficient, post-quantum secure alternatives to legacy proof-of-work systems. The release follows BTQ's leadership role in global standards development, with QPoW adopted as the first consensus work-item b ...
BTQ Appoints Dr. Sean Kwak, Korea's Foremost Expert in Applied Quantum Technology, as Strategic Advisor to Accelerate Global Commercialization
Prnewswire· 2025-07-03 13:04
Company Overview - BTQ Technologies Corp. is a global quantum technology company focused on securing mission-critical networks and is accelerating the transition from classical networks to the quantum internet [5] - The company is backed by a broad patent portfolio and delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for various sectors including finance, telecommunications, logistics, life sciences, and defense [5] Appointment of Dr. Sean Kwak - Dr. Sean Kwak has been appointed as a Strategic Advisor to BTQ Technologies, bringing extensive experience in applied quantum technology [1][4] - He established Korea's first private quantum research lab at SK Telecom in 2011 and led the development of the country's premier telco quantum-security program [2] - Kwak's previous roles include Executive Vice President at ID Quantique and CEO of Genesis Quantum Inc., focusing on commercializing quantum key distribution technologies [3] Strategic Goals and Contributions - Dr. Kwak's mandate at BTQ includes spearheading market operations in Korea, forming partnerships with leading telecom and defense organizations, and advising on the rollout of post-quantum cryptography and quantum communication products across the Asia-Pacific region [4][8] - His expertise in quantum R&D and commercialization is expected to enhance BTQ's ability to scale current and future products, reinforcing the company's mission to accelerate quantum advantage [4]
IBM Announces Quantum Milestone
Bloomberg Technology· 2025-06-20 18:56
This is a new error correcting code. You say basically it cracks the code on science challenges of actually making quantum a reality. Absolutely.I mean, the the whole the whole thing here is that we cracked the code in actually building something that's realistic and planning for this with a full architecture, which gives us the roadmap to go year after year of new technologies to hit that milestone in 2029 with IBM Sterling. Can you take us from here in 2025 to 2029. What needs to be achieved.Because there ...
BTQ Technologies Announces Strategic Partnership with QPerfect to Achieve Quantum Advantage Using Neutral Atom Quantum Processors
Prnewswire· 2025-06-10 11:30
Core Viewpoint - BTQ Technologies Corp. has entered a strategic partnership with QPerfect to co-develop next-generation, post-quantum secure technologies utilizing neutral atom quantum computers, aiming to enhance secure digital transactions [1][7]. Company Overview - BTQ Technologies specializes in post-quantum cryptography and has pioneered research into quantum one-shot signatures, which are essential for secure quantum communication systems and the quantum internet [4][12]. - QPerfect is a French quantum computing startup focused on quantum emulation, software, and error correction, particularly using neutral atom architectures [3][11]. Collaboration Details - The partnership will leverage BTQ's cryptographic expertise and QPerfect's Quantum Logic Unit (QLU) to create fault-tolerant quantum algorithms for secure transactions, smart contracts, and decentralized identity management [2][7]. - QPerfect will provide research resources and emulation tools, while BTQ will focus on translating advanced cryptographic concepts into quantum algorithms [6][7]. Objectives of the Partnership - Key objectives include the joint design and testing of practical quantum algorithms for quantum one-shot signatures, with an emphasis on efficient implementation on neutral atom hardware [8]. - The collaboration aims to deliver a blueprint and prototype for quantum one-shot signatures compatible with next-generation neutral atom quantum computers [8]. Leadership Insights - The CEOs of both companies expressed enthusiasm about the partnership, highlighting its potential to accelerate the development of quantum applications and enhance security in digital transactions [9][10].