Infleqtion completes its SPAC merger and begins trading (INFQ), the first publicly listed neutral-atom quantum firm
On 2026-02-17 Infleqtion (formerly ColdQuanta), a neutral-atom quantum-computing and atomic-sensing company, completed its business combination with Churchill Capital Corp X and began trading publicly under the ticker INFQ, raising more than $550 million in gross proceeds with a reported debut price near $14.25. Infleqtion is the first publicly listed neutral-atom quantum company. (Surfaced via press; Infleqtion's own CIK produced no in-window watched filings under the SPAC-shell windowing rule, so this is captured as a news event.)
A neutral-atom pure-play going public with >$550M gross proceeds adds a well-capitalized, first-of-its-modality entrant to the public quantum markets and a new comparable for neutral-atom valuation; the listing is a completed, principal-confirmed capital event.
Public-market capital lets Infleqtion fund its Sqale/Hilbert neutral-atom roadmap and atomic-sensing lines against better-funded superconducting and ion-trap incumbents; quarterly disclosure now exposes its commercial traction to scrutiny.