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Rigetti (NASDAQ: RGTI) delays Cepheus launch, highlights 99% fidelity performance

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Rigetti Computing, Inc. reported changes to its quantum product roadmap and new performance milestones for its systems. The company now expects general availability of its 108-qubit quantum computing system, Cepheus-1-108Q, around the end of the first quarter of 2026, shifting the previously communicated timing. Rigetti also announced that it achieved a median two-qubit gate fidelity of 99% on the 108-qubit system, 99.7% on its 9-qubit system, and 99.6% on its 36-qubit system, indicating improving hardware quality across different processor sizes.

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Insights

Rigetti delays Cepheus-1-108Q availability while reporting higher gate fidelities across its quantum systems.

Rigetti Computing, Inc. has adjusted its roadmap by moving general availability of its 108-qubit Cepheus-1-108Q system to around the end of the first quarter of 2026. For a hardware-focused quantum company, the timing of new system availability can influence when customers gain access to more capable processors and when related revenue opportunities may develop, though no financial figures are given here.

At the same time, the company reports technical progress, achieving median two-qubit gate fidelities of 99% on the 108-qubit system, 99.7% on its 9-qubit system, and 99.6% on its 36-qubit system. Higher gate fidelity generally means fewer errors in quantum operations, which can make systems more useful for practical workloads. The net effect of combining a launch delay with better performance metrics is mixed and depends on how customers value immediate access versus improved quality.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

  

CURRENT REPORT Pursuant
to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): January 9, 2026

 

RIGETTI COMPUTING, INC.

(Exact name of Registrant as Specified in Its Charter)

 

Delaware   001-40140   88-0950636

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

775 Heinz Avenue, Berkeley, California   94710
(Address of Principal Executive Offices)   (Zip Code)

 

(510) 210-5550

(Registrant’s Telephone Number, including area code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  Trading
Symbol(s)
  Name of each exchange
on which registered
Common Stock, $0.0001 par value per share  RGTI  The Nasdaq Capital Market
Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share  RGTIW  The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On January 9, 2026, Rigetti Computing, Inc. (the “Company”) issued a press release announcing it is revising its roadmap and adjusting the date for general availability of its 108-qubit quantum computing system, Cepheus™-1-108Q. Cepheus-1-108Q is now expected to reach general availability around the end of the first quarter of 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this “Current Report”) and is hereby incorporated by reference.

 

The information included in Item 7.01 of this Current Report (including Exhibit 99.1 hereto) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities of that section, and shall not be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

 

Item 8.01 Other Events.

 

On January 9, 2026, the Company announced that it achieved a median two-qubit gate fidelity of 99% on our 108-qubit system, 99.7% on our 9-qubit system, and 99.6% on our 36-qubit system.

 

 

 

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
No.
  Description
     
99.1   Press Release issued by the Company on January 9, 2026.
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: January 9, 2026 RIGETTI COMPUTING, INC.
     
  By:

/s/ Jeffrey Bertelsen

    Jeffrey Bertelsen
    Chief Financial Officer

 

 

 

FAQ

What did Rigetti Computing (RGTI) disclose in this 8-K filing?

Rigetti Computing, Inc. disclosed that it is revising its roadmap and adjusting the date for general availability of its 108-qubit quantum computing system, Cepheus-1-108Q, and also reported new two-qubit gate fidelity results across several systems.

When is Rigettis 108-qubit Cepheus-1-108Q system expected to be generally available?

The company stated that its 108-qubit quantum computing system, Cepheus-1-108Q, is now expected to reach general availability around the end of the first quarter of 2026.

What gate fidelities did Rigetti report for its quantum systems?

Rigetti reported a median two-qubit gate fidelity of 99% on its 108-qubit system, 99.7% on its 9-qubit system, and 99.6% on its 36-qubit system.

Does this Rigetti 8-K filing include financial or earnings data?

No financial or earnings figures are discussed in this disclosure; it focuses on the revised product roadmap for the Cepheus-1-108Q system and technical performance metrics.

Is the press release about Rigettis roadmap change part of this filing?

Yes. A press release dated January 9, 2026 is furnished as Exhibit 99.1, and the company notes it is incorporated by reference but treated as furnished rather than filed for certain Exchange Act purposes.

Who signed this Rigetti Computing 8-K report?

The report was signed on behalf of Rigetti Computing, Inc. by Jeffrey Bertelsen, the companys Chief Financial Officer.

Rigetti Computing Inc

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