Rigetti Q2 revenue $3.1M, net loss $12.4M; Ankaa-3 on track for 99+% fidelity by year-end

Rigetti Computing, Inc.

2024-Q2 EPS reported -$0.21 revenue$6,138,000

Q2 2024 revenue $3.1M; operating loss $16.1M; net loss $12.4M; cash equivalents $100.5M.
Raised $27.8M via ATM share sales from April-July 2024, including $15.8M in Q2.
On track to deploy 84-qubit Ankaa-3 system with goal of 99+% median 2-qubit gate fidelity by end of 2024.
Published research on modular chip architecture in Physical Review Applied; DARPA Benchmarking Phase 2 ongoing.
Introduced qubit-efficient combinatorial solver using fewer qubits on Ankaa-9Q-3 system.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.