Infleqtion (INFQ) Canaccord Genuity Virtual Quantum Symposium summary

Industry context and recent developments

• Quantum error correction breakthroughs and shortened timelines for cryptographically relevant computation have accelerated industry progress.

• The U.S. Department of Commerce announced $2 billion in funding for nine quantum companies, including a $100 million LOI for Infleqtion under the CHIPS program.

• Sovereign capital is flowing into quantum, expanding the public quantum universe and enabling real portfolio construction.

Company overview and technology

• Infleqtion leverages a neutral atom core to build quantum computers, sensors, clocks, and RF receivers, all from a common hardware platform.

• The company’s technology enables both quantum computing and quantum sensing, with products like the Sqale quantum computer, Tiqker atomic clock, SqyWire RF receiver, and eXaqt inertial sensors.

• Recent achievements include a $20 million NASA program for quantum gravity sensors and selection for DARPA’s HARQ program.

Commercialization and product deployment

• Infleqtion’s products have moved from lab demos to real-world deployments: operational quantum computers in the UK and Japan, submarine and Royal Navy trials, and launches to the International Space Station.

• The Tiqker atomic clock offers 100x better performance in a compact form factor, and the SqyWire RF receiver miniaturizes spectrum sensing to a sugar-cube size.

• Quantum Spectrum systems have been sold internationally, addressing defense and commercial needs in GPS-denied and congested spectrum environments.