Fundraising Fox

Infleqtion

NYSE: INFQ

Louisville, US Β· Founded 2024 Β· Delaware corporation Β· 254 employees on LinkedIn Β· Public Β· 25 known investors

Infleqtion builds neutral-atom quantum computers, precision quantum sensors, and related software, and works on integrated photonics to scale quantum systems. It serves governments, corporations, and research institutions across sectors such as defense, national security, energy, and space, with installations in the US, UK, Japan, and Australia.

Also known as ColdQuanta Β· Infleqtion, Inc. Β· INFQ

Founders & leadership

Infleqtion was founded in 2024 by Dana Anderson.

DADana Anderson
Dana AndersoninFounder
PGPranav Gokhale
Pranav GokhaleinChief Technology Officer
PLPaul Lipman
Paul LipmaninChief Revenue Officer (CRO)
JDJason D. Hall
Jason D. HallinChief Legal Officer
IHIlan Hart
Ilan HartinChief Financial Officer
MJ
Matthew J. KinsellainChief Executive Officer
SF
Scott FarisinCEO
TB
Timothy BallanceGeneral Manager, Infleqtion UK

Board

DBDavid B. Singer
David B. SingerinBoard directorInvestor at Maverick Ventures
CP
Catherine P. LegoBoard director
DC
Dawn C. MeyerriecksBoard directorVenture Partner at SINEWAVE VENTURES
KM
Kristina M. JohnsonBoard director

Investors Β· 25

Also in the syndicate Β· 14

AxialCounterpoint Global (Morgan Stanley)Cyfr CapitalGlobal FrontierGlynn CapitalleadGolden Vision CapitalIn-Q-Tel (IQT)LCPMaverickNational Security Strategic Investment Fund (NSSIF)Olive VenturesS Ventures (SentinelOne)SAICWisconsin Alumni Research Foundation

Reported raises Β· per SEC filings

Form D private placements

$126.5M disclosed across 1 of 2 rounds Β· 2025–2026

β–Ά$126.5MraisedFeb 2026 Β· 18 investors Β· Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Catherine P. LegoDirector
  • Pranav GokhaleExecutive Officer
  • Dawn C. MeyerriecksDirector
  • Kristina M. JohnsonDirector
  • Paul LipmanExecutive Officer
  • Jason D. HallExecutive Officer
  • J. Eric BjornholtDirector
  • Ilan HartExecutive Officer
  • Matthew J. KinsellaExecutive Officer, Director
  • David B. SingerDirector
Offering amount
$126.5M
Amount sold
$126.5M
Sales commissions
$20M
Placement agents
J.P. Morgan Securities LLC, Citigroup Global Markets Inc.
First sale
Feb 2026
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR β†—

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Infleqtion, Inc. is a quantum technology company that designs and builds neutral-atom quantum computers, precision quantum sensors and quantum software for governments, corporations and research institutions. Its commercial portfolio spans quantum computing systems, the Tiqker optical atomic clock, Quantum Spectrum quantum RF receivers, inertial sensing and navigation products, and neutral-atom "quantum core" components, combined with its proprietary Superstaq quantum computing software platform and a Contextual Machine Learning (CML) application. The company describes a full-stack approach that pairs hardware with software, and an error-correction platform based on dual-species atom arrays with low-crosstalk measurement.

Application areas the company targets include national security and resilience, space, energy and resource exploration, AI and machine learning, life sciences and drug discovery, materials science, and finance. Infleqtion also invests in integrated photonics, embedding laser and photonic functions into photonic integrated circuits to reduce the size and cost of quantum systems, noting that over 90% of the size and cost of current quantum systems stems from laser and photonic components. Its stated quantum computing roadmap targets more than 100 logical qubits by 2028.

The company trades on the NYSE under the ticker INFQ and is headquartered in Louisville, Colorado, with additional US, UK and Australian sites.

Founding story

The company traces its origins to founder and Chief Science Officer Dana Anderson, who collaborated with a Nobel Prize-winning team and developed the first ultracold atom chip; the technology base is described as Nobel Prize-winning. Pranav Gokhale is a co-founder and Chief Technology Officer, and CEO Matt Kinsella is described as a founding investor.

Business model

Infleqtion sells quantum computing systems, quantum sensing hardware (atomic clocks, RF receivers, inertial sensors), quantum core components and quantum software to government agencies, defense and intelligence organizations, enterprises and research institutions, and also executes funded government research and development programs and contracts.

Revenue derives from sales and deployment of quantum hardware and software systems and from government contracts and programs; the company reported almost $30 million in revenue in the year preceding its June 2025 Series C and a customer pipeline topping $200 million.

Traction

Infleqtion reports more than three dozen active government and commercial programs in deployment, almost $30 million in revenue in the year before its June 2025 Series C, a pipeline exceeding $200 million, 160+ PhD physicists and engineers, and 235+ patents issued and pending. Milestones include a Sqale quantum computer installed at the UK National Quantum Computing Centre, delivery of the UK's only 100-qubit quantum computer, selection by Japan's JST as the only foreign partner in the Quantum Moonshot program with the "Shunkai" system now operational, a record 1,600 physical qubits, an $11M DoD APFIT award, a $20 million NASA award for a quantum gravity mission, three U.S. Department of Energy Genesis Mission projects, and a letter of intent with the U.S. Department of Commerce for $100 million.

Latest developments

In August 2026 Infleqtion received a $20 million NASA award as its quantum gravity mission advanced toward flight, announced that the "Shunkai" neutral atom quantum computer built with Japan's Moonshot program became operational, opened the Colorado Quantum Innovation Center in Louisville, and announced testing of quantum sensing in Colorado for U.S. critical minerals security. It also secured three Genesis Mission projects from the U.S. Department of Energy.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

The company describes itself as the largest full-spectrum commercial quantum technology company and a global leader in neutral-atom quantum technology, and states it is the first neutral atom quantum company to go public. It reports installations in the US, UK, Japan and Australia and hundreds of quantum customers.

Infleqtion positions its neutral-atom platform as spanning computing, sensing, networking and precision timing in one full-stack portfolio, combining hardware with the Superstaq software platform; it cites atomic clocks with more than 100x precision improvements over legacy systems, a world-record dual-species rubidium-cesium entangling gate fidelity, and integrated photonics for size and cost reduction.

Technology

Infleqtion's foundational technology is neutral-atom quantum systems, including cold/ultracold atom sources and atom arrays used both as qubits for quantum computing and as the basis for precision sensors. Products include dual-species (rubidium-cesium) atom-array quantum computers with error correction, the Tiqker optical atomic clock, quantum RF receivers, inertial sensors and quantum cores, supported by the Superstaq compiler/software platform and Contextual Machine Learning. The company is developing photonic integrated circuits to miniaturize laser and photonic subsystems, and reports 235+ issued and pending patents.

Go-to-market

The company sells directly to government and commercial customers and through distributors, and uses strategic go-to-market partners, including a partnership with mission integrator SAIC to expand deployment of quantum sensing technologies into defense and aerospace. It also participates in national programs such as DARPA IMPAQT and HARQ, the U.S. Department of Energy Genesis Mission, Japan's Moonshot program and the UK National Quantum Computing Centre.

Government and defense/intelligence agencies (including the U.S. Department of War/Department of Defense, NASA, DARPA, the U.S. Department of Energy and the UK government), commercial enterprises in space, defense, energy, finance and telecommunications, and research institutions.

Geography

Headquartered in Louisville, Colorado, with additional US sites in Boulder (CO), Chicago (IL) and Madison (WI); a UK Quantum Innovation Centre in Oxford (Kidlington); and an Australian office in Melbourne. Systems are installed in the US, UK, Japan and Australia, with operations described across the U.S., Europe and Asia.

History

Founder Dana Anderson collaborated with a Nobel Prize-winning team between 2000 and 2015 and developed the first ultracold atom chip. From 2015 to 2021 the company moved into initial product development, including hardware deployed on the International Space Station and an algorithm demonstration on a neutral atom computer. In 2022-2023 it began commercialization, being chosen for DARPA's IMPAQT program, selected as inaugural partner for the U.S. Department of Energy Quantum & Space Collaboration, launching its quantum software platform and shipping its first quantum computer to Japan. In 2024 it ran the world's first quantum RF trials, deployed its first RF sensor, achieved 1,600 physical qubits and shipped a quantum computer to the UK National Quantum Computing Centre. In 2025 it demonstrated a materials science application powered by logical qubits with NVIDIA, launched a CML application, announced an Illinois quantum computer, partnered commercially with Safran, unveiled a roadmap for 100 logical qubits by 2028 and deployed an optical clock on an autonomous submarine with the Royal Navy. In 2026 it became the first neutral atom quantum company to go public, announced plans with NASA to fly a quantum gravity sensor to space, won an ARPA-E quantum computing partnership, delivered the UK's only 100-qubit quantum computer, was selected as the only quantum hardware company in DARPA's HARQ software track, introduced Quantum Spectrum, set a dual-species entangling gate fidelity record, signed a $100 million letter of intent with the U.S. Department of Commerce and launched America's Quantum Space Initiative.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active government and commercial programs in deploymentJun 202536 programs
Annual revenueJun 2025$30M
Customer pipelineJun 2025$200M
DoD APFIT contract awardJun 2025$11M
Logical qubit roadmap targetJan 2026100 logical qubits
Patents issued and pendingJan 2026235 patents
PhD physicists and engineersJan 2026160 people
Physical qubits achievedJan 20241,600 qubits

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 1

by search overlap

Companies competing with Infleqtion for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding Β· 37 SBIR/STTR awards

Federal grants β€” no equity taken
AgencyPhaseYearAmount
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase II2021$1.8M
U.S. NavyNavyPhase I2021$140K
NASAPhase II2019$683.8K
U.S. Air ForceAir ForcePhase II2019$681.8K
Department of EnergyPhase I2019$231.4K
U.S. Air ForceAir ForcePhase IISTTR2018$750K
National Institute of Standards and Technology (NIST)National Institute of Standards and TechnologyPhase II2018$300K
U.S. Air ForceAir ForcePhase ISTTR2018$149.9K
U.S. NavyNavyPhase I2018$130K
U.S. NavyNavyPhase I2018$129.9K
NASAPhase I2018$125K
U.S. Air ForceAir ForcePhase I2018$50K
Department of EnergyPhase I2017$155K
National Institute of Standards and Technology (NIST)National Institute of Standards and TechnologyPhase I2017$99.9K
U.S. ArmyArmyPhase IISTTR2016$599.8K
Department of EnergyPhase I2016$154.9K
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase II2015$1.5M
U.S. NavyNavyPhase IISTTR2015$744.3K
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase I2015$154.9K
U.S. ArmyArmyPhase ISTTR2015$149.9K
NASAPhase II2014$699.8K
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase I2014$149.9K
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase I2014$99.9K
U.S. NavyNavyPhase ISTTR2013$80K
U.S. NavyNavyPhase II2012$750K
U.S. Air ForceAir ForcePhase IISTTR2012$749.9K
National Science FoundationPhase II2012$483.9K
NASAPhase I2012$124.9K
U.S. NavyNavyPhase I2012$79.9K
U.S. Air ForceAir ForcePhase ISTTR2011$100K
U.S. NavyNavyPhase II2010$1.4M
U.S. NavyNavyPhase I2010$149.9K
U.S. Air ForceAir ForcePhase IISTTR2009$500K
National Science FoundationPhase I2009$150K
U.S. NavyNavyPhase I2009$99.8K
U.S. Air ForceAir ForcePhase ISTTR2007$99.6K
U.S. Air ForceAir ForcePhase ISTTR2007$99.6K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts β€” non-dilutive capital alongside any venture rounds above.

Timeline Β· 16

launches, deals, and filings
Aug 2026
NASA awards Infleqtion $20 million for quantum gravity mission

NASA awarded Infleqtion $20 million as the company's quantum gravity mission advanced toward flight.

$20M source β†—

Aug 2026
"Shunkai" neutral atom quantum computer becomes operational in Japan

Infleqtion's collaboration with Japan's Moonshot program reached a milestone as the "Shunkai" neutral atom quantum computer became operational.

source β†—

Aug 2026
Colorado Quantum Innovation Center opens

Infleqtion opened its Colorado Quantum Innovation Center, anchoring what it calls "America's Quantum Peak".

source β†—

Aug 2026
Quantum sensing testing in Colorado for critical minerals security

Infleqtion announced testing of quantum sensing in Colorado to advance U.S. critical minerals security.

source β†—

Jan 2026
Delivery of the UK's only 100-qubit quantum computer at the NQCC

Infleqtion delivered the UK's only 100-qubit quantum computer at the National Quantum Computing Centre and was selected as the only quantum hardware company in DARPA's HARQ software track.

source β†—

Jan 2026
Letter of intent with U.S. Department of Commerce for $100 million

Infleqtion signed a letter of intent with the U.S. Department of Commerce for $100 million to accelerate U.S. leadership in quantum computing.

$100M source β†—

Jan 2026
Three Genesis Mission projects secured from U.S. Department of Energy

Infleqtion secured three Genesis Mission projects from the U.S. Department of Energy, expanding its role in U.S. national security and quantum programs.

source β†—

Jan 2026
Introduction of Quantum Spectrum

Infleqtion introduced Quantum Spectrum, described as a new category within quantum sensing.

source β†—

Jan 2026
Infleqtion becomes a publicly traded company (NYSE: INFQ)

Infleqtion, Inc. lists on the NYSE under ticker INFQ, described by the company as the first neutral atom quantum company to go public.

source β†—

Jun 2025
Infleqtion raises $100M Series C

Infleqtion announced a $100 million Series C round backed by new, existing and strategic investors including Glynn Capital, Counterpoint Global (Morgan Stanley), S32 and SAIC, with J.P. Morgan as sole placement agent. Proceeds are to scale its atom-based quantum platforms and accelerate deployment of field-ready systems.

$100M source β†—

Jun 2025
Go-to-market partnership with SAIC

Infleqtion entered a go-to-market partnership with mission integrator SAIC to expand deployment of quantum sensing technologies, including atomic clocks, quantum RF communication and inertial sensing, into defense and aerospace applications.

source β†—

Jan 2025
World's first materials science application powered by logical qubits with NVIDIA

With NVIDIA, Infleqtion published a demonstration of a materials science application using logical qubits, powered by its Superstaq compiler and NVIDIA's CUDA-Q platform.

source β†—

Jan 2025
World's first optical clock deployed on autonomous submarine with Royal Navy

Infleqtion deployed an optical clock on an autonomous submarine in collaboration with the Royal Navy.

source β†—

Jan 2025
Commercial partnership with Safran

Infleqtion announced a commercial partnership with Safran and unveiled a roadmap targeting 100 logical qubits by 2028.

source β†—

Jan 2024
Quantum computer shipped to UK National Quantum Computing Centre

Infleqtion shipped a quantum computer to the UK National Quantum Computing Centre, conducted the world's first quantum RF trials, deployed its first RF sensor and achieved a record 1,600 physical qubits.

source β†—

Jan 2022
Selected for DARPA IMPAQT program and DOE Quantum & Space Collaboration

Infleqtion was chosen for the DARPA IMPAQT program and selected as inaugural partner for the U.S. Department of Energy Quantum & Space Collaboration; it also launched its quantum software platform and shipped its first quantum computer to Japan.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities Β· 1

corporate structure
InfleqtionDelaware

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Infleqtion do?
Infleqtion builds neutral-atom quantum computers, quantum sensors and quantum software for governments, enterprises and researchers.
Who founded Infleqtion?
Infleqtion was founded by Dana Anderson in 2024.
Who are Infleqtion's investors?
Infleqtion's investors include Breakthrough Victoria, Caruso Ventures, Forma Prime, Glynn Capital Management, In-Q-Tel, S Ventures, S32, Section 32 and 3 more.
How much funding has Infleqtion raised?
Infleqtion has disclosed $126.5M raised across 1 of its 2 known rounds.
Is Infleqtion publicly traded?
Yes β€” Infleqtion trades on NYSE under the ticker INFQ.
Where is Infleqtion headquartered?
Infleqtion is headquartered in Louisville, US.