Rigetti Computing Inc.

08/29/2024 | Press release | Distributed by Public on 08/29/2024 07:22

Oxford Instruments NanoScience joins Rigetti's Novera QPU Partner Program

Aug 29th, 2024

London, UK - 29 August 2024 - Oxford Instruments NanoScience, a leading provider of cryogenic systems, today announces that it has joined the Novera™ QPU Partner Program. This addition strengthens the program's ecosystem of quantum computing hardware, software, and service providers who build and offer integral components of functional quantum computing systems.

The Novera QPU Partner Program, launched in April 2024, aims to enable high-performing, on-premises quantum computing by creating a collaborative network of industry leaders. Novera QPU customers can now work with Oxford Instruments NanoScience, alongside other partners, to build quantum computers powered by the Novera QPU that satisfy their system requirements and quantum computing research objectives.

Oxford Instruments NanoScience joins as a cryogenics partner. The company's expertise in cryogenic systems - including the Proteox family of dilution refrigerators - is crucial for maintaining the ultra-low temperatures required for quantum computing operations. Unique to Proteox is a modular design with removable secondary inserts that can be exchanged between compatible systems. This allows pre-tested modules of computing capability to be deployed quickly and shipped globally, with high confidence as QPUs with higher qubit counts and increased fidelities are developed, future proofing the investment.

Oxford Instruments NanoScience and Rigetti are longstanding technology partners who have worked together on historic breakthroughs in the development of quantum computing. Earlier this year they jointly announced the successful completion of a three year Innovate UK funded project to build and operate one of the first quantum computers in the UK using a ProteoxLX dilution refrigerator.

Dr. Subodh Kulkarni, Rigetti CEO, said: "We welcome our trusted collaborator Oxford Instruments NanoScience to the Novera QPU Partner Program. The team's world-class expertise in cryogenic systems and the reliability and specifications of their systems will be invaluable to our customers as they build and operate on-premises quantum computing. This partnership further solidifies our commitment to providing a comprehensive ecosystem for advanced quantum research and development."

Matthew Martin, MD at Oxford Instruments NanoScience, commented: "It's always a privilege to contribute our cryogenic expertise to support the advancement of quantum computing. We look forward to collaborating with Rigetti and the partner network to deliver systems that allow customers to realise their ambitions. At our factory we have been working to ensure that our ProteoxMX systems are Novera QPU compatible and that customers will have a seamless experience when they choose Oxford Instruments NanoScience."

The Novera QPU, based on Rigetti's fourth-generation Ankaa™-class architecture, is a 9-qubit quantum processing unit featuring tunable couplers and a square lattice for denser connectivity and fast 2-qubit operations. Manufactured in Rigetti's Fab-1, the industry's first dedicated and integrated quantum device manufacturing facility, the Novera QPU is designed for high performance and reliability.

About Rigetti

Rigetti is a pioneer in full-stack quantum computing. Rigetti has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. Rigetti's proprietary quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Rigetti designs and manufactures its chips in-house at Fab-1, the industry's first dedicated and integrated quantum device manufacturing facility. Learn more at rigetti.com.

About Oxford Instruments NanoScience

Oxford Instruments NanoScience designs, supplies and supports market-leading research tools that enable quantum technologies, new materials and device development in the physical sciences. Our tools support research down to the atomic scale through creation of high performance, cryogen-free low temperature and magnetic environments, based upon our core technologies in low and ultra-low temperatures, high magnetic fields and system integration, with ever-increasing levels of experimental and measurement readiness. Oxford Instruments NanoScience is a part of the Oxford Instruments plc group.

Media Contacts

Oxford Instruments: [email protected]

Cautionary Language Concerning Forward-Looking Statements
Certain statements in this communication may be considered "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Rigetti Computing, Inc. ("Rigetti") and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: Rigetti's ability to achieve milestones, technological advancements, including with respect to its technology roadmap, help unlock quantum computing, and develop practical applications; the ability of Rigetti to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the ability of Rigetti to expand its Novera QPU sales; the success of Rigetti's partnerships and collaborations; Rigetti's ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against Rigetti or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that Rigetti may be adversely affected by other economic, business, or competitive factors; Rigetti's estimates of expenses and profitability; the evolution of the markets in which Rigetti competes; the ability of Rigetti to implement its strategic initiatives, expansion plans and continue to innovate its existing services; the expected use of proceeds from Rigetti's past and future financings or other capital; the sufficiency of Rigetti's cash resources; unfavorable conditions in Rigetti's industry, the global economy or global supply chain, including financial and credit market fluctuations and uncertainty, rising inflation and interest rates, disruptions in banking systems, increased costs, international trade relations, political turmoil, natural catastrophes, warfare (such as the ongoing military conflict between Russia and Ukraine and related sanctions and the state of war between Israel and Hamas and related threat of a larger conflict), and terrorist attacks; and other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in Rigetti's Annual Report on Form 10-K for the year ended December 31, 2023, Rigetti's Form 10-Q for the three months ended March 31, 2024 and other documents filed by Rigetti 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 Rigetti assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. Rigetti does not give any assurance that it will achieve its expectations.