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Investor Presentation January 2026
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Copyright Rigetti Computing 2026 Cautionary Notes 2 Forward Looking Statements: Certain statements in this presentation may be considered forward-looking statements, including statements with respect to the Company’s outlook and expectations, including expectations with respect to a plan to deliver 108Q chiplet-based system at 99.5% median 2Q gate fidelity around the end of Q1 2026 and to reach 1,000+Q at 99.9% median 2Q median fidelity at <50 ns gate speed in 3-5 years to enable quantum advantage; an anticipated path for tiling 300+Q and 1,000+Q next generation multi-chip machines and the timing thereof, including these systems’ potential performance; belief that 1000+Q, 99.9+% 2Q fidelity, < 50 ns gate speed and error correction are needed for QA, and expected timeline for achieving a system with the expected performance; expectations relating to the Company’s potential path to achieve nQA, revenue growth from achieving nQA and expectations that quantum computers have the potential to provide significant performance, power consumption, data representation, and price advantages over classical computation for select applications; expectations relating to the Company’s commercialization and sales of QPUs, including Novera QPUs, and expectations of making similar additional sales of QPUs in the future; expectations relating to the Company’s technology roadmap, the timing thereof and its ability to unlock quantum advantage and drive value creation and ability to apply to potentially commercially valuable problems; expectations and benefits with respect to the potential, opportunities, applications and impacts of quantum computing; expectations with respect to the capabilities of the Company’s fab-1 facility, including its ability to accelerate research and development and innovation cycles, provide efficiencies, generate intellectual property, and provide competitive advantage; expectations with respect to the Company’s goal of delivering performance at scale with the mission of being the industry standard and the ability of its strategic investments in quantum hardware, software, and partnerships to enable progress toward quantum advantage; expectations with respect to building the world’s most powerful computers to help solve humanity’s most important and pressing problems; expectations with respect to quantum markets and opportunities; expectations with respect to the competitive landscape and barriers to entry; statements with respect to the potential of quantum computing to transform many different industries for the better; expectations with respect to the Company’s strategy to reach quantum advantage and become the industry’s standard; expectations with respect to the anticipated stages of quantum technology maturation, including anticipated inflection points; expectations with respect to quantum computing industry trends and standards; the Company’s ability to be at the forefront of superconducting computing and expectations with respect to the Company’s belief that superconducting is the leading quantum computing modality and the Company’s technology is superior; the Company’s ability to build the world's most powerful computers; expectations regarding the potential power of quantum computers; expectations with respect to growth of the business, including with respect to future potential activities and expansion of QCaaS and growing revenue through high value partnerships; the success of our partnerships and collaborations, including the recent Quanta collaboration agreement and Rigetti’s integration with other error correction vendors; our ability to obtain regulatory clearance for work done within the Quanta collaboration, expectations relating to the Company’s ability to achieve and demonstrate nQA and QA; expectations with respect to demonstrating reference applications, error mitigation, AI-based quantum computer calibration, optical readout, error correction, advantage-capable subroutines, and quantum advantage subroutines, including the timing thereof; and statements with respect to the Company’s potential to deliver anticipated high-margin, recurring revenue growth and operating profit and be well-positioned to capture a significant share of the quantum computing opportunities.
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Copyright Rigetti Computing 2026 Cautionary Notes 3 Forward-looking statements generally relate to future events and can be identified by terminology such as “pro forma,” “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “target,” “forecast,” “expect,” “intend,” “will,” “estimate,” “believe,” “predict,” “potential,” “pursue,” “aim,” “goal,” “mission,” “outlook,” “anticipate” or “continue,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors including those 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. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations. Use of Data - Industry and market data used in this presentation have been obtained from third-party industry publications and sources as well as from research reports prepared for other purposes. The Company has not independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness. This data is subject to change. References in this presentation to our “partners” or “partnerships” with technology companies, governmental entities, universities or others do not denote that our relationship with any such party is in a legal partnership form, but rather is a generic reference to our contractual relationship with such party. Trademarks - This presentation contains trademarks, service marks, trade names and copyrights of other companies, which are property of their respective owners.
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Copyright Rigetti Computing 2026 4 Rigetti’s Mission: Build the world’s most powerful computers to help solve humanity’s most important and pressing problems
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Copyright Rigetti Computing 2026 5 Rigetti’s Strategy: To be at the forefront of Superconducting Quantum Computing
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Copyright Rigetti Computing 2026 Table of Contents 6 EXECUTIVE SUMMARY1. 7 MARKET OPPORTUNITY2. 18 PRODUCTS AND TECHNOLOGY3. 20 CUSTOMERS AND GO-TO-MARKET4. 31 GROWTH STRATEGY5. 39
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Copyright Rigetti Computing 2026 Copyright Rigetti Computing 2025 Executive Summary 7Copyright Rigetti Computing 2025
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Copyright Rigetti Computing 2026 A Global Leader in Superconducting Gate Based Quantum Computing Technology 1“Quantum Computing On Track to Create Up to $850 Billion of Economic Value By 2040,” BCG, July 18, 2024 8 Pioneer in full-stack quantum computing systems from chip to cloud access. Public company (NASDAQ: RGTI) with ~150 employees based in Berkeley, CA with Fab in Fremont, CA✔ Multiple systems deployed in cloud and delivered on prem. Latest: 84Q monolithic chip system at 99.0% median 2Q gate fidelity and ~70 ns gate speed and 36Q chiplet-based (4x9Q) system at 99.6% median 2Q gate fidelity and ~60 ns gate speed✔ Plan is to deliver 108Q chiplet-based system at 99.5% median 2Q gate fidelity around the end of Q1 2026 and then continue to improve fidelity and increase qubit count from there to reach 1,000+Q at 99.9% median 2Q median fidelity at <50 ns gate speed in 3-4 years to enable quantum advantage ✔ Robust IP portfolio with 281 issued and pending patents across quantum engineering, fabrication, and algorithms✔ Quantum computing projected to create $450B - $850B of economic value, sustaining a $90B - $170B market for hardware and software providers by 20401✔ DONE
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Copyright Rigetti Computing 2026 2013 Founded 18 Deployed quantum systems to-date 70K Combined sq. ft. of facilities 151 Employees 16 - 1,000+ Qubit count ramp 2018 - 2027E 95% - 99.8% 2-qubit gate fidelity ramp 2022-2027E 58 PhDs Rigetti-at-a-Glance We believe Rigetti’s early bets have led to its position as an industry leader with 281 issued and pending patents (121 issued, 160 pending) 9
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Copyright Rigetti Computing 2026 Joins Fermilab’s SQMS Center as lead industry partner 2013 2014 Patented hybrid quantum-classical co-processor architecture 2015 Established Quantum Data Center in Berkeley, CA 2016 2017 2018 2019 2022 Rigetti’s Fab-1 commissioned as first dedicated quantum chip fabrication facility unlocking vertical integration Rigetti deploys quantum computer over the cloud First hybrid cloud platform with QCS® launch 32-qubit system launched on Amazon Web Services (AWS) First scalable quantum chip demonstrated based on Rigetti proprietary modular architecture Commercial availability of Aspen™-M 80Q system, the largest quantum computer on AWS Launches the Novera™ QPU, Rigetti’s first commercially available QPU 2020 Rigetti founded as the first full-stack, universal pure-play quantum computing company 84Q Ankaa™-3 system deployed with 99.0% iSWAP, and 99.5% fSim median 2Q gate fidelity. UK’s NQCC opens, including 24Q Ankaa- class system 2025 2023 2024 Demonstrates industry’s largest multi-chip quantum computer with modular Cepheus™-1-36Q system; achieves 99.5% median 2Q fidelity 2021 Leading Industry Position 10+ Years in the Making 10
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Copyright Rigetti Computing 2026 Moore’s Law Has Slowed Diminishing Returns for Parallelization Energy Requirements Can’t Keep Up Classical Computers are Plateauing 11 ● Costs have ballooned tremendously to reach 3nm process nodes ● Companies face decisions between cost and speed and are slowing rollout of new generations ● Increased reliance on specialized chip technology (GPU, FPGA, etc.) rather than further miniaturization ● Marginal benefits from parallel computing decrease as processors are added ● Increase in processors leads to substantial increase in resource consumption ● Numerous problems are not parallelizable ● Classical supercomputers need significant megawatts of electricity to operate ● Power now increases with the number of transistors added ● Optimization, data analysis and simulation involve huge degrees of complexity with many interacting variables ● Molecular simulation of a system of 50 particles is described by 1015 coefficients, requiring multiple petabytes of classical memory ● Factoring Large Numbers would take million of years on a classical computer Today’s Computing Solutions Are Reaching Their Limits, Paving the Way for a Disruptive Technological Advance Critical Problems Are Out of Reach 1:1
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Copyright Rigetti Computing 2026 We Believe Quantum Computing is the Answer 12 ORDERS OF MAGNITUDE FASTER ● Compute time could be reduced ● from decades to seconds EASILY REPRESENTS COMPLEX DATA ● Enhanced data representations will need fewer physical resources GROUND-BREAKING POWER EFFICIENCY ● Significantly less power consumption 50 qubits required by quantum computer Molecular Simulation vs. 1015 coefficients required by classical computer Energy Consumption(1) Traditional Computer Quantum Computer Complexity of the problem Processing Time Factoring large numbers would take millions of years on a traditional computer 80x less power Source: Company materials. (1)For processing 1M physical qubit (MW)
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Copyright Rigetti Computing 2026 13 Rigetti Positioned to Deliver Quantum Advantage Now Advantage-Capable Subroutine: Non-simulatable quantum subroutines that can be applied to valuable problems. These subroutines are required for nQA and bQA QA: Solve a practical problem that is provably classically hard, ensuring the quantum application solution will last We believe 1000+Q, 99.9+% 2Q fidelity, < 50 ns gate speed and error correction are needed for QA We expect this will happen 3-4 years from now Error Mitigation Size Fidelity Proof of Concept Advantage- capable subroutines Error correction Broad QA Apps Reference Apps Advanced Prototype and Benchmarking Emerging QA Quantum advantage framework outlines a clear pathway towards superiority over classical computers Qubit Count Maximum Size of Workloads Addressable Real-World Problems Fidelity Reliability of Computations Usability of Results Gate Speed Time to Workload Completion Practicality of Use Key Determinants of Quantum Advantage 2020 2030
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Copyright Rigetti Computing 2026 We Believe Superconducting is the Leading Modality 14 Highly developed modality. Superconducting quantum computing chips leverage mainstream semiconductor fabrication techniques such as optical lithography, sputter deposition, and plasma etching. Necessity for captive foundry. Synchronized design → fabrication → test flywheel is critical to enable performance improvement necessitating either a captive fab or a close foundry relationship. Figures of Merit Superconducting Rigetti, IBM, Google, Amazon, Fujitsu, IQM, Govt. of China Trapped Ions IonQ, Quantinuum Neutral Atoms QuEra, Atom Computing Photonics PsiQuantum, Xanadu, Govt. of China Qubit Count Up to 156 Multi-die up to 36 Up to 98% <50 with gates <10 Fidelity(1) 99-99.8% 99.5-99.9+% 99.5%+ 99%+ Gate Speed 40-100 ns 50-300+ us 50-300+ us Quantum Computing Modalities (1) 2-qubit fidelity
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Copyright Rigetti Computing 2026 We Believe We Have Superior Technology and Manufacturing Capabilities 15 Chip Design & Fabrication ● Creation of the architecture and layout of quantum circuits ● Precise manufacturing and production to maintain qubit functionality and performance Best-in-Class Design & Fabrication ● World’s first dedicated quantum integrated circuit foundry ● Delivering high performance quantum circuit wafer and dies and qubit count scaling technology Quantum Processors ● Superconducting quantum processors are the heart of the system providing high performing qubits ● We believe 1000+Q, 99.9+% 2Q fidelity, < 50 ns gate speed and error correction are needed for QA. We expect this will happen 3+ years from now Highly Competitive Performance ● Achieved 99.6% median 2Q fidelity with 36Q ● 9Q at 99.9% 1Q fidelity and 99.7% median 2Q fidelity ● Anticipated path to go from 36Q ➞ 108Q ➞ 300+Q➞1,000+Q ● 60 ns gate speed ● 40 us T1 coherence time Interconnect ● 1st quantum multi chip interconnection ● High-density flexible circuits, replacing traditional coaxial cable: higher signal density, low loss, and low thermal heat load Only Multi-Chip in the Industry ● Demonstrated 4x9q at 99.5% 2Q fidelity in July ‘25; largest multi-chip QPU ever built ● Provides confidence to achieve tiling to 1000+Q Control System ● Hardware required to generate microwave signal to perform quantum operations ● Integration with classical compute and HPC Industry Leading Control Systems ● High performance - HPC ready ● Very high price-performance $10K/qubit vs. $35K/qubit Software & Quantum Cloud Services ● Required operating system and tools for hybrid computation ● Open source interfaces, libraries and compilers ● High performance software providing cloud-delivered hybrid compute capabilities Comprehensive Quantum OS and Cloud Platform ● Integrated for highest performance on Rigetti hardware ● Supports industry standard quantum development, on prem deployments and environments and ● the public clouds Rigetti Differentiation Key Quantum Computing Technology Value Chain
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Copyright Rigetti Computing 2026 Rigetti Superconducting Technology is Trusted by World-Leading Organizations and Governments 16 ● Quantum hardware provider of choice by the UK’s National Quantum Computing Centre, Air Force Research Lab, and Fermilab’s SQMS Center ● Collaborating with HSBC, Standard Chartered Bank, ADIA Lab, and Moody’s Analytics to develop practical quantum computing uses cases for finance ● Pursuing foundational research funded by DARPA to develop benchmarks for quantum computing performance and to develop quantum computers capable of solving complex optimization problems ● QPUs from Rigetti data centers integrated into public cloud providers like AWS, Microsoft Azure, and service providers like Strangeworks and Qbraid ● Rigetti’s QCSⓇ Direct cloud service used by DOE, DOD, and enterprise customers like Fermilab, ADIA Lab, USRA, and NASA. Financial Leaders National Labs & Centers Research Centers Hyperscalers Aerospace & Defense Agencies
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Copyright Rigetti Computing 2026 Exceptional, Visionary Management Team and Board of Directors Management Team Board of Directors Jackie Kaweck SVP, Human Resources Dr. Subodh Kulkarni President and CEO Jeffrey Bertelsen CFO David Rivas CTO Thomas J. Iannotti Chairman of the Board Michael Clifton Director Dr. Alissa M. Fitzgerald Director Dr. Ray O. Johnson Director Dr. Subodh Kulkarni Director H. Gail Sandford Director 17 Prior Experience: Prior Experience: Prior Experience:Prior Experience:
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Copyright Rigetti Computing 2026 Copyright Rigetti Computing 2025 Market Opportunity 18Copyright Rigetti Computing 2025
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Copyright Rigetti Computing 2026 Annual Value for Quantum Computing Providers1 19 Before 2030 $1-2 billion Demand driven by public sector, including government labs 2030 - 2040 $15-30 billion Broader industry adoption after reaching quantum advantage 1“Quantum Computing On Track to Create Up to $850 Billion of Economic Value By 2040,” BCG, July 18, 2024
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Copyright Rigetti Computing 2026 Copyright Rigetti Computing 2025 Products & Technology 20
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Copyright Rigetti Computing 2026 Our Mission: Build the World’s Most Powerful Computers 21 Scalable, engineerable approach Fab-1 facility Unlocks performance at scale Low latency, distributed operating environment QCS® Direct, Public clouds, & DoE High Performance Hybrid Quantum Computing Systems Government & finance: simulation, machine learning, optimization Modality Superconducting Strategy Pure-play & full-stack Processor Architecture Multi-chip System Architecture Hybrid Business Model On-prem & Cloud Delivery GTM Strategic partners
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Copyright Rigetti Computing 2026 Rigetti Solution Overview Source: Company’s website 22 Superconducting Processors Control Systems QCS Platform Software Tools Chip Design and Fabrication Chips manufacturing with the ability to design high-quality quantum-coherent superconducting microwave devices Design linear and nonlinear chip components in Fab-1 quantum integrated circuit foundry Suite of open-source tools for writing, simulating and running quantum programs Fast gate times, low-latency conditional logic and fast program execution times processors Scalable quantum processors with on-chip design features that allow plurality of qubits Control qubits in a reliable and programmable way Integrated high-density flexible circuits to enhance scale and protect qubits from noise Quantum Cloud Services platform (QCS®), which has evolved to support ultra-low latency connectivity between a customer’s high-performance classical hardware and Rigetti QPUs QPU Quantum System Technologies
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Copyright Rigetti Computing 2026 Rigetti’s Fab-1: Industry’s First Dedicated and Integrated Quantum Foundry (1)Cycle time chart based on internal estimates of development cycle time for chip design and manufacture. 23 Asset for R&D Partnerships Fab-1 facilitates external partnership with our Foundry services business. We also believe Fab-1 is an asset to US quantum leadership as a of unique US-based quantum first foundry. Accelerates Innovation Cycles Rapid design, build, test flywheel driving rapid innovation & technology advantages at scale Fab Test Design QPU Device Addresses Supply Chain Risk Helps mitigate unfavorable macro- economic conditions. Capital Efficiency Enables scaling large systems to achieve Advantage and beyond IP Generation 51 patents issued and pending (22 issued, 29 pending) covering processor chip design, fabrication and assembly, including multi-chip processors Fab-1 serves as a barrier to entry, putting Rigetti in an enviable position on the experience and capability curve. 5–15 17–30+ Typical MEMS Typical Semiconductor Processing Lead Time (weeks) 0 5 10 15 20 25 30 35 40 45 Cycle Time(1) 22–40+ Accelerates R&D, Drives Innovation, and Provides Competitive Advantage
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Copyright Rigetti Computing 2026 Vertical Signaling Inter-Module Connectivity Quantum Chiplet Technology Rigetti’s Scalable Architecture 3D signal delivery enables high density, modular processor I/O and removes the need to redesign each new generation to accommodate signal line routing Modular assembly onto a carrier device enables: ● High fabrication yield, improved processor performance ● Potential for heterogeneous integration (specialized chips for processing, memory and networking) Low-latency connections provide high fidelity quantum entanglement between modules Large-scale processors built from identical tiles provide a directly scalable architecture 2D Signals routed laterally 3D Signals routed vertically vs Chiplet 1 Carrier Chiplet 2 qubit qubit entanglement (Cross section) Proprietary Scaling Technology Unlocked by 6+ Years of Fab-Driven Innovation 24 + + =
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Ankaa-3 84Q QUBIT COUNT 84Q 36Q 108Q 150+Q 1000+Q MEDIAN TWO-QUBIT GATE FIDELITY 99% 99.5% 99.5% 99.7% 99.8% TWO-QUBIT GATE DURATION 104 ns 64 ns 64 ns 55 ns 45 ns ARCHITECTURE 1 x 84Q 4 x 9Q 12 x 9Q – – QUANTUM ERROR CORRECTION ENABLED Real-time, low latency QEC demonstrations Integrated QEC system Continuous decoding Logical gates Technology Roadmap for Performance & Scaling 2027 Cepheus-1 36Q Optimized monolithic chip performance First 9Q chiplet-based QPU Industry’s largest chiplet-based QPU Sub-system modularity Performance at scale 2026 2024 Cepheus-2 150+Q 1,000+QCepheus-1 108Q 2025 25
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Copyright Rigetti Computing 2026 Cepheus-1-36Q 26 The industry’s The industry’s largest multi-chip quantum computer ● Rigetti’s latest system achieved a 99.5% median 2Q gate fidelity, a 2x reduction in error rate from its previous Ankaa-3 system. ● With four 9-qubit chips, Cepheus-1-36Q further validates Rigetti’s chiplet-approach to scaling and contains the largest number of chiplets in a quantum system ● Features technological advancements including chiplet-based architecture, optimized 2Q gates and enhanced intermodule coupling design An assembled Cepheus-1-36Q processor
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Copyright Rigetti Computing 2026 ● The largest multi-chip QPU in the industry, with twelve 9-qubit chips in our multi-layer package. ● Uncompromised performance. Aiming for 99.5% median two-qubit gate fidelity. We’re tripling the number of chiplets without reducing fidelity. ● Aggressive Solution to Scaling. Demonstrating how to get to thousands of qubits and beyond with our chiplet approach General availability around the end of Q1 2026 - Introducing Cepheus-1-108Q QPU 27
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Copyright Rigetti Computing 2026 Enabling On-Premises Quantum Computing 28 Across Broad Downstream Applications Government Programs Quantum Research Labs Quantum R&D Solutions Quantum Professional Consulting Superior Performance High-fidelity 2-qubit operations Control Over Tech Stack Deeper access to the tech stack Flexible Configuration Easily rewired and customized 24/7 System Access No schedule snafus or resource-sharing Future-Proof Continuous upgrade and improvement of hardware as technology evolves
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Copyright Rigetti Computing 2026 29 Developer Tools ● Integrated Developer Environment (IDE) ● Quantum Software Libraries ● Client Software Development Kit (SDKs) ● Compiler ● Simulators ● Command Line Interface User & Systems Management ● QPU Systems Dashboard ● Reservations ● Billing & Reporting ● User Account Management Quantum System Management ● Translation ● Admissions ● Program/Circuit Scheduling Application Software Client SDKs IDE Platforms & Libraries Third Party Libraries Utilities UserProcesses System Processes Service APIs System Services Control Kernel QPUs Control System System Layer The QCS® Stack Tools to support high performance QPU integration and application development
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Copyright Rigetti Computing 2026 QCS® One Stack for All Our Customers & Partners 30 Public Clouds Service APIs System Services Control Kernel Rigetti QCS® Direct Application Software Client SDKs IDE Platforms & Libraries Third Party Libraries Utilities Strangeworks Customer Development Client SDKs Select Rigetti Tools Strangeworks Product Microsoft Azure AWS Braket Public Cloud Customer Development Client SDKs Select Rigetti Tools Public Cloud Product
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Copyright Rigetti Computing 2026 Copyright Rigetti Computing 2025 Customers & GTM 31Copyright Rigetti Computing 2025
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Copyright Rigetti Computing 2026 Partnerships Help Accelerate Our Path 32 HPC Integration Hardware, Systems, & Deployments Applications Error Correction & Mitigation Chip Design (Fab-1) Cloud Access
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Copyright Rigetti Computing 2026 Novera QPU Partner Program An ecosystem of quantum computing hardware, software, and service providers whose technologies are compatible with our Novera QPU, streamlining our customers’ journey for establishing a fully functional quantum computing system. Cryogenics Control Systems Software Integration & Service Providers QEC Solutions 33
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Copyright Rigetti Computing 2026 Strategic Collaboration with Quanta Computer 34 ➔ Rigetti and Quanta to invest $250M each over the next 5 years to develop superconducting quantum computing technologies ➔ Quanta has invested $35M and purchase Rigetti shares at $11.59 per share Investing in Rigetti & Superconducting Quantum Computing ➔ Quanta’s extensive manufacturing capabilities to help Rigetti meet growing industry demands ➔ Rigetti to leverage its leadership in superconducting quantum computing to push beyond R&D into commercialization Complementary Strengths to Drive the Industry Forward
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Copyright Rigetti Computing 2026 UK Quantum Ecosystem and Technology Development Delivering On-Premises Quantum Computing and Advancing QEC Capabilities 35 ➔ Enabled by open, modular architecture. We’ve integrated Riverlane’s QEC stack, Deltaflow, with our 36-qubit quantum computer and enhanced control systems ➔ Goal of demonstrating real-time QEC. A key requirement for universal, fault-tolerant quantum computing ➔ Advance state-of-the-art metrics & offerings. Ambitious QEC tests aim to enhance system performance and strengthen Rigetti and Riverlane’s offerings ➔ Further UK’s quantum workforce development. NQCC’s direct involvement will advance the UK’s quantum skills and hardware development Rigetti’s 36-qubit quantum computer hosted at the UK’s NQCC integrated with Riverlane’s QEC stack, Deltaflow Funded by Innovate UK, Rigetti is collaborating with Riverlane and the UK National Quantum Computing Centre (NQCC) Superconducting Circuits team to benchmark and enhance QEC capabilities of superconducting quantum computers, leveraging Rigetti's quantum computing testbed hosted at the NQCC.
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Copyright Rigetti Computing 2026 36 Quantum Error Correction Development Leveraging Riverlane’s Deltaflow to enable real-time error corrected execution on Rigetti QPUs Rigetti + Deltaflow Integration at NQCC ● Compile algorithm leveraging Riverlane’s Deltakit ● Run circuit on integrated Deltaflow + Rigetti QPU ● Generate real-time data feedback ● In addition to deploying these systems at the NQCC, Rigetti and Riverlane are working together to enable even more turnkey systems for our customers
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Copyright Rigetti Computing 2026 Entangling Superconducting and Optical Qubits ● Engineer Rigetti superconducting qubits modified to create microwave time-bin qubits. ● Convert using QphoX microwave-optical transducers to upconvert single microwave photons to the optical regime. ● Prove we have the essential building blocks to build long-range quantum interconnects by demonstrating entanglement between a traveling optical time bin qubit and a transmon qubit AFRL Program - Hybrid Superconducting-Optical Quantum Network Nodes ➔ Collaboration between Rigetti, QphoX B.V., and AFRL Information Directorate ➔ Goal: demonstrate the entanglement between microwave superconducting qubits and optical qubits in optical fibers
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Copyright Rigetti Computing 2026 38 Leveraging AI to Calibrate a Rigetti QPU AI-powered tools achieved performance levels matching Rigetti’s rigorous system specifications ➔ Qruise and Quantum Elements automated the calibration of a Novera QPU integrated with Quantum Machines’ advanced OPX1000 control system and NVIDIA DGX Quantum ➔ Quantum Elements used their software to achieve high accuracy in setting up individual and pairs of qubits, reaching 99.9% single-qubit gate fidelity and 98.5% two-qubit gate fidelity ➔ Qruise leveraged the control system to fine-tune all nine qubits simultaneously, speeding up the preparation process Showcases the potential of AI in quantum computer calibration and highlights the growing collaboration within the quantum computing ecosystem
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Copyright Rigetti Computing 2026 Copyright Rigetti Computing 2025 Growth Strategy 39Copyright Rigetti Computing 2025
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Copyright Rigetti Computing 2026 Path to Leadership 40 On-premises systems through early nQA to cloud services deployments with hyperscalers ● Government sponsored deployments driving technology development until QA is enabled in 3+ years ○ Commercial sales tied to QA ● Rigetti systems are in key US and UK government organizations, and we continue to engage with other governments ● Integration with HPC on first integrations into supercomputing ● Continue our lead with integration with hyperscalers evolving into QCaaS as the dominant mode of deployment
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Copyright Rigetti Computing 2026 Significant Growth Potential 41 We believe that we have the winning technology, expertise, and product offerings to grow our business and leadership in the superconducting quantum computing market. ➔ Strong financial position. Approximately $600 million of cash, cash equivalents and available for sale investments (as of November 6, 2025) ➔ Achieving technology milestones. Demonstrating the industry’s largest multi-chip quantum computer and achieving a 2x reduction in error rate from our previous best results on our single-chip Ankaa-3 system. ➔ Superconducting modality. We benefit from the many advantages of superconducting qubits, including fast gate speeds and ability to leverage well-established chip manufacturing processes
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Thank you 42