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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 15 days · First seen · Last updated
Rigetti Computing corporate restructuring
Overview
Rigetti Computing has announced a corporate restructuring aimed at scaling the deployment of on-premises quantum systems and prioritizing quantum processor development.
The company is centralizing its manufacturing, software, and commercial functions through the establishment of a dedicated Systems Delivery organization. Leadership changes include the creation of a new Chief Operating Officer role, which will be filled by former CTO David Rivas, while Andrew Bestwick has been promoted to Chief Technology Officer.
Entities
Rigetti Computing, Inc. · Rush Enterprises, Inc. · Michael Mcroberts · Rivian Automotive · Piper Sandler
Timeline
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23 days ago
[BUSINESS] 2 sourcesRivian shares rise as Rigetti announces quantum computing restructuringRivian Automotive shares rose 6% amid analyst rating shifts, while Rigetti Computing announced a leadership restructuring to scale its quantum computing systems.
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about 1 month ago
[BUSINESS] 2 sourcesRush Enterprises and Rigetti Computing Stock MovesRush Enterprises director sold 6,500 shares as the company posted earnings beat and a stock split; Rigetti Computing fell 3.8% despite analyst buy ratings and a modest earnings beat.
Sources
stocknews.com · stocktitan.net