ColdQuanta (INFQ) investor relations material

Transaction overview and structure

• Valued at a $1.8B pre-money equity value, with over $540M in expected gross proceeds to fund growth, including $416M cash-in-trust and $125M PIPE financing from institutional investors.

• All existing shareholders will roll 100% of their equity into the combined company, with shares subject to a lock-up post-closing.

• The transaction is designed to align long-term interests between management, existing shareholders, and new public investors.

• Proceeds will accelerate technology and product roadmap, expand applications, and scale customer adoption.

Technology and product leadership

• Neutral atom quantum architecture underpins all products, offering scalability, high fidelity, and room temperature operation.

• Achieved industry-leading milestones: record 1,600 physical qubits, 99.73% two-qubit fidelity, and real-world logical qubit applications.

• Full-stack commercial quantum offering includes quantum computers (Sqale), atomic clocks (Tiqker), RF receivers (Sqywire), inertial sensors (Exaqt), and proprietary software (Superstaq).

• Demonstrated firsts in quantum computing, materials science, and sensing, with deployments in space, defense, and research.

Market opportunity and commercial traction

• Addressing ~$160B total addressable market by 2040 in quantum computing and sensing.

• Multiple quantum computers and hundreds of sensors sold to governments, defense, and enterprise customers.

• LTM revenue reached $29M as of June 2025, with a 3x uplift since 2023 and ~$50M in 2025E booked and awarded business.

• $300M+ customer pipeline identified, with recent wins including ARPA-E, DoD, and State of Illinois partnerships.