Cautionary Language Concerning Forward-Looking StatementsCertain statements in this communication may be considered "forward-looking statements” within the meaning of the federal securities laws, including statements with respect to the Company’s future success and performance, including expectations with respect to timing of the development and commercialization of superconducting quantum computing; expectations regarding the advantages and impact of the multinational-funded projects on the Company’s operations, technology roadmap, milestones, and the Company’s position in the industry; statements to optical readouts eventually replacing conventional components as part of the qubit signal processing chain and thereby offering scaling advantages; the extent that the optical qubit readout systems may interface with Rigetti’s Novera QPU and enable optical readout of all qubits; the extent that using light will remove a significant amount of heat load on cryogenic systems; the extent that using light will overcome critical bottlenecks in building a universal quantum computer; and the extent to which Rigetti’s open and modular system architecture will allow for partners to integrate their technology with Rigetti’s QPUs.
Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company’s ability to achieve milestones, technological advancements, including with respect to its technology roadmap; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the success of the Company’s partnerships and collaborations, including the strategic collaboration with Quanta; the Company’s ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Company’s estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives and expansion plans; the expected use of proceeds from the Company’s past and future financings or other capital; the sufficiency of the Company’s cash resources; unfavorable conditions in the Company’s industry, the global economy or global supply chain, including rising inflation and interest rates, deteriorating international trade relations, political turmoil, natural catastrophes, warfare 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 Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and other documents filed by the Company from time to time with the SEC.
DELFT, Netherlands, BERKELEY, Calif.and OXFORDSHIRE, United Kingdom, May 06, 2025 (GLOBE NEWSWIRE) -- QphoX B.V., a Dutch quantum technology startup developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc.(Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, and the National Quantum Computing Centre (NQCC), the UK’s national lab for quantum computing, today announced that they have been awarded a multinational grant to perform readout of superconducting qubits using light transmitted over optical fiber.
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