Infleqtion (INFQ) Company presentation summary

Technology leadership and product platform

• Neutral atom quantum computers and sensors serve diverse markets including national security, AI, energy, and life sciences.

• Achieved industry milestones: first logical qubits, 1,600 physical qubits, and 99.73% 2Q gate fidelity.

• Proprietary software stack (Superstaq) accelerates quantum value across CPUs, GPUs, and QPUs.

• Delivered UK's only operational 100-qubit system and participated in NASA and MOONSHOT programs.

• Over 235 patents issued or pending and hundreds of global quantum customers.

Market opportunity and commercial traction

• Addressing large and growing markets: $130B TAM for quantum computing and $30B+ for quantum sensors by 2040.

• Revenue reached $32.5M in 2025, tripling since 2023, with all growth organic and quantum-focused.

• Strong partnerships with leading institutions (NASA, NVIDIA, US DoD, Royal Navy, etc.).

• Secured major contracts, including a $151B IDIQ with MDA SHIELD and $20M with NASA JPL.

• Well-capitalized with $516M raised in Feb 2026 and $63M cash at 2025 year-end.

Financial performance and outlook

• FY25 revenue: $32.5M; improved non-GAAP operating loss ($28.1M) and cash flow.

• FY25 cash burn was $36M; modestly higher consumption expected in FY26.

• Revenue mix: 72% US, 13% UK, 11% APAC, 4% other.

• Capital-efficient model leveraging neutral atom technology.

• On track for 30+ logical qubits in 2026 and 100+ by 2028.