Infleqtion, a quantum computing company headquartered in Louisville, has officially gone public following a previously announced SPAC merger with Churchill Capital Corp X. The company will begin trading on the New York Stock Exchange under the ticker symbol INFQ on February 18.
The company received more than $550 million in proceeds following the merger. Infleqtion serves entities like the U.S. Department of War, NASA and the U.K. government, providing technologies such as real-world-ready quantum computers, quantum optical clocks, radio-frequency receivers and inertial sensors.
“Infleqtion was founded on a simple conviction: neutral atoms are the best path for commercializing quantum technology because they are scalable and economical,” Matthew Kinsella, Infleqtion’s CEO, said in a statement. “As a public company, we can accelerate our technology roadmap and expand deployments in areas such as aerospace, defense and critical infrastructure, bringing practical quantum solutions to market at increasing speed and scale.”
