Infleqtion to Go Public with $1.8B Valuation
BOULDER, Colo., Sept. 8, 2025 — Neutral atom-based quantum computing company Infleqtion is set to become a publicly traded company following a planned merger with Churchill Capital Corp X, a special purpose acquisition company (SPAC). Following the deal’s close, which values Infleqtion at a pre-money equity value of $1.8 billion, the company is expected to be listed on “a leading North American exchange.” The company will trade under the ticker symbol “INFQ.”
Infleqtion’s product portfolio includes quantum computers, quantum clocks, radio frequency receivers, and inertial sensors equipped with Infleqtion’s proprietary software. These systems are currently used by NVIDIA, the U.S. Department of Defense, NASA, and the U.K. government. To date, Infleqtion has sold three quantum computers and hundreds of quantum sensors. This summer, the company revealed plans to build a "Sqale" quantum computer in Illinois, and announced the start of a 12-month program called Sqale2. Per the project, Infleqtion which will partner with institutions including the Fraunhofer Centre for Applied Photonics, the University of Strathclyde, and the National Quantum Computing Centre’s Quantum Software Lab at the University of Edinburgh, among others, to further develop its technology.
Infleqtion additionally closed a $100 million series C round in June. The company made a pair of acquisitions, adding silicon photonics companies SiNoptiq and Morton Photonics, in deals last year.
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Published: September 2025
Glossary
- quantum
- The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations.
In the context of quantum theory, several key concepts are associated with the term quantum:
Quantum mechanics: This is the branch of...
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