Exhibit 99.1 Rigetti Computing Reports First Quarter 2024 Financial Results BERKELEY, Calif., May 9, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights ● Total revenues for the three months ended March 31, 2024 were $3.1 million ● Total operating expenses for the three months ended March 31, 2 ...

Rigetti Computing, Inc. (NASDAQ:RGTI) Q4 2023 Earnings Conference Call March 14, 2024 5:00 PM ET Company Participants Subodh Kulkarni - President and Chief Executive Officer Jeffrey Bertelsen - Chief Financial Officer Conference Call Participants Quinn Bolton - Needham & Company Brian Kinstlinger - Alliance Global Partners David Williams - The Benchmark Company Operator Good day and thank you for standing by. Welcome to Rigetti Computing's Fourth Quarter and Full Year 2023 Financial Results Conference Call. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40140 RIGETTI COMPUTING, INC. (Exact name of Registrant as specified in its Charter) Delaware 88-0950636 (State or ...

Exhibit 99.1 Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results ● Deployed the 84-qubit Ankaa™-2 quantum computer, with a 2.5X improvement in error performance compared to the Company’s previous QPUs and achieved a 98% median 2-qubit fidelity. ● Won competition to develop and deliver a 24-qubit quantum computing system to the UK’s National Quantum Computing Centre (NQCC). ● Launched the Novera™ QPU, a 9-qubit quantum processor unit available for integration into customers’ on- premise syste ...

财务数据和关键指标变化 - 第三季度收入为3.1亿美元,同比增长10.7% [10] - 毛利率为73%,同比提升1个百分点 [10] - 经营亏损为1.68亿美元,同比减少46.3% [13] - 净亏损为2.22亿美元,每股亏损0.17美元 [13] - 现金及可用投资总额为1.102亿美元,较上季度增加4.7% [14] 各条业务线数据和关键指标变化 - 公司继续扩大量子处理器QPU的客户群,在第二季度和第三季度分别向国家实验室交付了9量子比特的QPU [4][24] - 获得了一份长达5年的IDIQ合同,可向空军研究实验室提供量子制造服务,包括量子集成电路、量子放大器等 [5] 各个市场数据和关键指标变化 - 政府机构和国家实验室开始选择公司的量子制造能力来推进量子计算研究与开发 [4][5][24] - 公司正在与多家客户就QPU销售进行洽谈,包括9量子比特、24量子比特和84量子比特的系统 [24][25][26] - 商业客户对公司的量子云服务仍然兴趣较低,主要是因为距离量子优势还有一定差距 [29][30] 公司战略和发展方向及行业竞争 - 公司将继续专注于技术开发,提高量子比特的忠实度至99%,并计划在2-3年内实现狭义量子优势 [40][41][42][43] - 公司认为超导量子计算是主要竞争技术之一,具有良好的可扩展性 [22][23] - 不同量子计算技术正在获得政府机构的投资,公司将从超导量子计算的投资中获益 [22][23] 管理层对经营环境和未来前景的评论 - 公司对QPU销售前景保持乐观,认为这为公司带来了重要的里程碑 [24][25][26] - 管理层表示,随着公司技术的进步和量子优势的实现,商业客户对量子云服务的兴趣将会大幅提升 [29][30] 其他重要信息 - 公司在第三季度通过股票融资筹集了1.27亿美元 [14] - 根据当前经营计划,公司预计2023年年底现金及可用投资将在8800万-9400万美元之间 [15] 问答环节重要的提问和回答 问题1 **Unidentified Analyst 提问** 询问了AFRL合同的长期价值和收入贡献情况 [17][18][19] **Subodh Kulkarni 回答** - AFRL合同是一份IDIQ合同,范围广泛,包括QPU、量子制造服务等 [18] - 合同金额难以量化,但AFRL是一个致力于量子计算的大型组织,预计未来贡献会逐步增加 [18][19] 问题2 **Unidentified Analyst 提问** 询问了公司QPU销售的大picture情况,包括政府机构和不同量子技术的比较 [20][21][22][23] **Subodh Kulkarni 回答** - 超导量子计算是主要竞争技术之一,具有良好的可扩展性 [22][23] - 政府机构正在投资不同量子技术,公司将从超导量子计算的投资中获益 [22][23] - 公司已成功向两家国家实验室销售了QPU,是里程碑性成就 [24][25][26] 问题3 **David Williams 提问** 询问了公司未来业务发展的设想,包括QPU销售和量子云服务 [38][39] **Subodh Kulkarni 回答** - 公司将继续专注于技术开发,提高量子比特忠实度,实现量子优势 [40][41][42][43] - QPU销售为公司带来了重要机会,但公司主要关注技术进步 [40][41][42][43] - 随着技术进步,商业客户对量子云服务的兴趣将会大幅提升 [29][30]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission File Number (001-40140) RIGETTI COMPUTING, INC. (Exact name of registrant as specified in its charter) Delaware 88-0950636 (State or other jurisdict ...

Rigetti Computing, Inc. (NASDAQ:RGTI) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Dr. Subodh Kulkarni - President and CEO Jeff Bertelsen - CFO David Rivas - CTO Conference Call Participants David Williams - Benchmark Company Operator Good day and welcome to the Rigetti Computing Second Quarter 2023 Financial Results Call. At this time, all participants are in a listen-only mode. After the speakers' presentations, there'll be a question-and-answer session. [Operator Instr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission File Number (001-40140) RIGETTI COMPUTING, INC. (Exact name of registrant as specified in its charter) Delaware 88-0950636 (State or other jurisdiction o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT For the transition period from to Commission File Number (001-40140) RIGETTI COMPUTING, INC. (Exact name of registrant as specified in its charter) Delaware 88-0950636 (State or other jurisdiction ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40140 RIGETTI COMPUTING, INC. (Exact name of Registrant as specified in its Charter) Delaware 88-0950636 (State or ...