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The structural realignment signals improved execution discipline and near-term deployment momentum, potentially increasing revenue visibility if customers convert pilots to orders; milestone fidelity target adds credibility to product roadmap.
What happened, with direct paths to the underlying reporting
Rigetti reorganizes leadership to scale on-prem deployments, establishing a Systems Delivery unit and appointing COO David Rivas. CTO Andrew Bestwick will oversee hardware and chip development, allowing engineering to focus on processor performance and the roadmap. The move aims to accelerate customer deployments toward the 99.5% median two-qubit fidelity target on Cepheus-1-108Q.
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