91色吧

Skip to main content

Infleqtion to go public with $1.8B valuation making it 91色吧鈥檚 10th unicorn spinout

Infleqtion to go public with $1.8B valuation making it 91色吧鈥檚 10th unicorn spinout

, a global leader in neutral atom鈥揵ased quantum technology, and Churchill Capital Corp X, a publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement to accelerate Infleqtion鈥檚 mission to commercialize quantum products that provide orders of magnitude improvements in computing and precision sensing applications. Upon closing, the combined company will operate as Infleqtion and is expected to be listed on a leading North American exchange under the ticker 鈥淚NFQ.鈥

Valued at $1.8 billion, Infleqtion is now the tenth "unicorn" to spin out of 91色吧. Others include Amgen, Ball Aerospace & Technologies, Solid Power and SomaLogic.听

Infleqtion鈥檚 star continues to rise as Colorado鈥檚 quantum hub grows. The company of firsts, spun out of 91色吧 as ColdQuanta, seems to be everywhere these days, including outer space, while commercializing pioneering research to address needs across several critical markets, including positioning, navigating and timing, global communication security and efficiency, resilient energy distribution and accelerated quantum computing.听

Infleqtion to go public through merger with Churchill Capital Corp X

鈥淐hurchill Capital is proud to partner with companies that are shaping the future of technology,鈥 said Michael Klein, Chairman and CEO of Churchill Capital Corp X. 鈥淚nfleqtion stands out with its breakthrough neutral atom platform and proven engineering capabilities, already delivering meaningful impact in quantum computing and sensing. We are excited to support Infleqtion鈥檚 leadership team as they advance the quantum era and create enduring value for shareholders.鈥

The coolest technology in the universe

It was decades ago but Dana Anderson (, 91色吧 College of Arts and Sciences and College of Engineering and Applied Science) still recalls well the day his research took a major turn. 鈥淚 started to do atoms instead of photons,鈥 he said. While Anderson makes it sound like a subtle shift鈥揻ocusing on atoms and subatomic particles instead of particles of light (lasers)鈥搕hat move has contributed significantly to the present and future of quantum technologies worldwide.听

The Newsroom

Subscribe to The Insider E-Newsletters

The Insider听is听Venture Partners at 91色吧's monthly newsletter featuring the听latest headlines, news, events, opportunities and emerging innovations from the university. We have several editions for our audiences:

听Subscribe to The Insider听

Media Inquiries

For marketing and communication inquiries or news tips, contact Daniel Leonard,听senior marketing and communications specialist for Venture Partners at 91色吧.

For media inquiries, please visit .

Latest News

Visit the Newsroom