Rigetti Hires Eric Ostby as Vice President of Product
Ostby will lead Rigetti QCS™ product and platform development to advance the Company’s Quantum Computing as a Service (QCaaS) business in the public and private sectors. Ostby brings a wealth of experience in product leadership, most recently as Senior Product Manager for Quantum Computing at Google where he played a key role in the demonstration of quantum supremacy.
“Eric has a unique blend of technical knowledge in quantum computing, product leadership, and hands-on strategy and M&A experience. I'm thrilled to add him to our deep and talented team,” said
Rigetti recently launched its 80-qubit Aspen-M quantum computer on QCS and Amazon Braket, with the system available in private preview on Microsoft Azure. Ostby will help Rigetti capitalize on the expected expansion of commercial market opportunities to serve customers exploring a variety of high value business applications.
"I am thrilled to join Rigetti to lead and grow the QCS product function, and collaboratively take Rigetti’s full-stack quantum computing product to the next level,” Ostby said. His role will fall under the Company’s broader QCS organization led by Senior Vice President
Ostby has over a decade of experience in strategy development and product management at Google,
Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government and research clients through its Rigetti Quantum Cloud Services platform. The Company’s proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Rigetti was founded in 2013 by
Cautionary Language Concerning Forward-Looking Statements
Certain statements in this communication may be considered forward-looking statements, including but not limited to, achieving quantum advantage; driving commercial growth and adoption of Rigetti’s quantum-computing-as-a-service business and Rigetti’s partnerships with public cloud providers and government agencies; driving future revenue growth; and other statements that are not historical facts. 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,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential,” “pursue,” “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 which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by 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 roadmap, help unlock quantum computing, and develop practical applications; the potential of quantum computing; 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 with respect to its business combination with
Lauren Rugani Rigetti Computing, Inc.firstname.lastname@example.org Polly PearsonInvestor Relations RGTI@investorrelations.com
Rigetti Computing, Inc.