Rigetti Computing to Participate in Fireside Chat at Canaccord Genuity Virtual Quantum Symposium
Rhea-AI Summary
Rigetti Computing (Nasdaq:RGTI) announced that CEO Dr. Subodh Kulkarni will join a fireside chat at the Canaccord Genuity Virtual Quantum Symposium on Thursday, May 21, 2026 at 12:00 PM ET. A live webcast and 90-day replay will be available via Rigetti’s investor relations site.
AI-generated analysis. Not financial advice.
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Negative
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Key Figures
Market Reality Check
Peers on Argus
RGTI was down 3.43% while key quantum peers in the sector list like QBTS (-4.2%), QUBT (-5.69%), and IONQ (-1.22%) were also negative. However, the momentum scanner simultaneously showed several hardware peers, including QUBT, on the upside, indicating mixed peer signals rather than a clear sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 11 | Q1 2026 earnings | Negative | -7.0% | Reported Q1 2026 results with losses alongside quantum milestone updates. |
| May 07 | ETF launch news | Neutral | -8.7% | Launch of leveraged ETF lineup including products referencing Rigetti. |
| May 05 | Conference participation | Neutral | +3.2% | Announcement of CEO fireside chat and one-on-one investor meetings. |
| Apr 27 | Earnings date notice | Neutral | -3.1% | Scheduled Q1 2026 results release and conference call timing. |
| Apr 07 | Product launch | Positive | +5.0% | General availability of 108-qubit Cepheus-1-108Q via cloud platforms. |
Recent news — earnings, product milestones, ETFs, and conferences — has generally seen price moves that align with the tone or informational nature of each announcement.
Over the past months, Rigetti reported Q1 2026 revenue of $4.4 million, an operating loss of $26.0 million, GAAP net income of $33.1 million, and non-GAAP net loss of $14.7 million, ending the quarter with $569.0 million in cash and no debt. It launched the 108-qubit Cepheus-1-108Q system with 99.1% median two-qubit fidelity and supported quantum-focused leveraged ETFs referencing RGTI. The company has also been active in conferences, and today’s fireside chat fits this ongoing investor outreach pattern.
Market Pulse Summary
This announcement highlights Rigetti’s continued investor outreach via a fireside chat at the Canaccord Genuity Virtual Quantum Symposium on May 21, 2026 at 12:00 PM ET, with a webcast replay available for 90 days. In recent months, the company delivered Q1 2026 results, launched its 108-qubit Cepheus-1-108Q system, and featured in quantum-focused ETF products. Investors may watch for how management frames the technology roadmap, commercialization efforts, and capital deployment during this discussion.
AI-generated analysis. Not financial advice.
BERKELEY, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, today announced that CEO Dr. Subodh Kulkarni will participate in a fireside chat at the Canaccord Genuity Virtual Quantum Symposium on Thursday, May 21, 2026.
Information for the event is as follows:
Webcast registration link: https://wsw.com/webcast/canaccord119/rgti/2532390
Presentation date: Thursday, May 21, 2026
Time: 12:00 PM ET
Investors can view a live webcast of the event by visiting the “Events” section of Rigetti’s Investor Relations website at https://investors.rigetti.com/news-events/events. A replay will be available at the same location for 90 days following the conclusion of the event.
About Rigetti
Rigetti is a pioneer in full-stack quantum computing. Rigetti quantum computers are based on superconducting qubits, which are widely believed to be the leading qubit modality given their maturity, clear path to scaling, and fast gate speeds. Current Rigetti quantum computing systems achieve gate speeds of 50-70 nanoseconds, which is about 1,000 times faster than alternative modalities such as trapped-ion and neutral-atom systems.
Rigetti sells on-premises 9-qubit to 108-qubit quantum computing systems, supporting national laboratories and quantum computing centers. Rigetti’s Cepheus 36-qubit to 108-qubit systems are based on the Company’s proprietary chiplet-based technology and include the Company’s control electronics. Rigetti’s 9-qubit Novera QPU supports a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer’s existing cryogenic and control systems.
The Company operates quantum computers over the cloud through its Rigetti Quantum Cloud Services (QCS) platform, enabling global enterprise, government, and research clients to pursue R&D. The Company’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing.
Rigetti developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. Leveraging this proprietary technology, Rigetti deployed the industry’s largest multi-chip quantum computer in 2026 with Cepheus-1-108Q, based on twelve 9-qubit chiplets tiled together. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at https://www.rigetti.com/
Rigetti Computing Media Contact:
press@rigetti.com
Rigetti Computing Investor Relations Contact:
IR@rigetti.com