QUBT and IONQ did not receive any. INFQ is the highest runner. Absolutely insane and patience pays off.
INFQ, QBTS and RGTI each receives $100 MILLION.
IBM receives the bigger part of the grant at $1 BILLION.
Seal of approval and congrats from Nvidia!
BENZINGA 8:46 AM ET May-21-2026
Infeqtion Inc. shares are trading higher Thursday after the company announced it signed a Letter of Intent with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million in proposed funding to accelerate development of neutral-atom quantum systems.
The company said the proposed funding is contingent on the achievement of certain development milestones and is intended to support the advancement of U.S.-based quantum computing technologies focused on economic competitiveness and national security.
Infleqtion (INFQ.NaE) said the proposed investment would support development across quantum hardware, photonics and full-stack quantum system development, while also expanding domestic quantum engineering, workforce, hardware, software and infrastructure capabilities across its U.S. operations.
"This investment reflects the transformative potential of quantum innovation, and we’re honored to work with the Department of Commerce to accelerate U.S. leadership in quantum computing," CEO Matt Kinsella said.
The company also highlighted its ongoing collaboration with NVIDIA, which includes integration of NVIDIA AI models for quantum processor calibration and error-correction workflows on Infleqtion's (INFQ.NaE) Sqale neutral-atom quantum computer.
Infleqtion (INFQ.NaE) said the LOI contemplates part of the award being funded upfront, with the remainder tied to milestone-based project costs and technical progress. The proposal also includes issuance of Infleqtion (INFQ.NaE) common stock to the Department of Commerce valued at $100 million at a 15% discount to market price based on the execution date of the LOI or definitive agreement, whichever is lower.
Read Also: Stock Market Today: Dow Jones Futures Gain, But Nasdaq Falls After NVDA's Q1 Results—Nvidia, Nebius Group, Intuit In Focus
INFQ Price Action: At the time of publication, Infleqtion (INFQ.NaE) shares are trading 21.38% higher at $13.57, according to data from Benzinga Pro.
Image via Shutterstock
From the article -
As militaries contend with increasingly jammed and contested airwaves, Infleqtion has unveiled an atom-based radio-frequency (RF) sensing system aimed at overcoming the limits of conventional technologies.
Called Quantum Spectrum, the system is designed to detect, classify, and authenticate RF signals in contested electromagnetic environments.
The daily thread for socializing, questions, and sharing information for all things Infleqtion - INFQ!
Likely additions and deletions for the Russell 2000 as June rebalancing approaches – Oninvest
According to what I've read, the Russell 2000 index will announce preliminary lists of additions and deletions on Friday, May 22. INFQ fits the bill for inclusion. While it is not a massive catalyst, more liquidity is usually a good thing. It's not a guarantee we will land in the index this June, but it's something to keep an eye out for. IONQ, QBTS, and RGTI are in the index already.
Wanted to get the community's thoughts on Infleqtion's valuation. There's a bull-case price target floating around of $21–22. Given the current share price and the company's stage of development, do you think that target is realistic on any reasonable timeframe?
A few things I'm wondering about:
- What assumptions (revenue, TAM, commercialization timeline) would justify that valuation?
- How does it compare to peers in the quantum computing space?
- Is this a 2–3 year thesis or more of a 5–10 year moonshot?
Not looking for financial advice, just a sanity check from people who've done more digging. Thanks.
I see a lot of important info that hasn’t really been posted here yet. So if anyone is wondering why I’m so bullish, let me spell it out.
There are more than a dozen grant opportunities currently posted for Q2, Q3, and Q4. Some of them look almost tailor-made for Infleqtion.
First, DOE Compute: the recent computing RFI. Only a neutral atom platform can actually win this one.
Then SBIRs. There are four topics this cycle that are directly relevant to INFQ. In my view, these are not “maybes.” These topics were clearly crafted with Infleqtion in mind. Massive.
Keep in mind: Phase I awards are small (<1M), but then come Phase IIs, over $1M. After that, you get the opportunity for Phase IIIs and TACFI-type awards, which can be $10M+. So just from this lane alone, you are looking at a potential path to anywhere from $3M to $50M+ in contracts over the next two years.
These would be sequential awards spread across years, but that is exactly the point. They can support guidance, de-risk future revenue, and potentially help them meet targets independently of compute progress or product sales just on these SBIRs alone, so think of the revenue growth!
Then there’s the NIST quantum manufacturing CRDO, where vapor cells are one of the key pillars. Who else realistically has a strong shot there? Not many. There's also going to be the CHIPs quantum money. No way INFQ doesn't get a cut.
And DOE/DOW quantum-in-space funding is expected soon too, along with more quantum sensing opportunities.
This is why I’m bullish and all in to the moon and beyond.
BUSINESS WIRE 8:00 AM ET May-20-2026
Advances new open-source resource estimation tool, record-breaking qubit performance and novel atom transport technology, marking latest milestones toward utility-scale quantum computing
LOUISVILLE, Colo.--(BUSINESS WIRE)-- Infleqtion (INFQ.NaE) , a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today highlighted recent quantum computing advances that strengthen the company’s progress toward utility-scale, fault-tolerant quantum computing: the release of resource-superstaq, a new open-source architecture-level resource estimation package; a record dual-species rubidium-cesium entangling gate; a new theory preprint co-authored by Professor Mark Saffman, Infleqtion’s Chief Scientist for Quantum Information, showing a path to neutral-atom entangling-gate fidelity beyond 99.9%; and a static magnetic-field approach to sub-Doppler cooling and optical atom transport.
Together, the advances demonstrate the strength of Infleqtion’s full-stack approach to neutral-atom quantum computing, combining hardware-aware software, quantum error correction-enabling architectures, high-fidelity dual-species operations, gate-design theory for lower physical error rates, and scalable atom motion. By tightly coupling hardware development, quantum error correction, resource estimation, compilation and application design, Infleqtion (INFQ.NaE) is working to shorten the timeline to transformative quantum computing. The announced capabilities are designed to reduce resource overhead, support more efficient magic-state production, advance high-fidelity entangling operations, and enable fast, in-place syndrome measurement for scalable fault-tolerant systems.
“What's notable about these breakthroughs is that we're moving the needle on quantum software, hardware and theory simultaneously. Each of these advances represents a distinct layer of the quantum stack, from how we move atoms to how well our qubits perform to how developers interact with our systems,” said Pranav Gokhale, Chief Technology Officer and General Manager of Quantum Computing of Infleqtion (INFQ.NaE). “Neutral atoms give us a uniquely flexible platform to do that since progress in one layer unlocks progress in the others. Collectively, these breakthroughs show how we’re building the entire foundation needed to unlock utility-scale quantum computing.”
Open-Source Resource Estimation for Fault-Tolerant Application Planning
Infleqtion (INFQ.NaE) has open-sourced resource-superstaq, the newest addition to the suite of tools and packages within Infleqtion’s commercial Superstaq quantum software platform. The technical preprint is available at Resource Estimation via Efficient Compilation of Key Quantum Primitives.
Quantum resource estimation is a critical element of modern quantum application development, enabling developers to extrapolate the quantum computing resources, including qubit count and circuit runtime, needed to execute an application at scale. Comparing these estimates with publicly available hardware roadmaps is one of the most direct methods for evaluating timelines for commercial-scale quantum solutions.
The new open-source package provides a practical on-ramp for customers, collaborators and researchers preparing applications for Infleqtion’s neutral-atom quantum computers. By estimating the resources required to execute fault-tolerant workloads on Infleqtion (INFQ.NaE)-relevant neutral-atom architectures, resource-superstaq gives users clearer insight into how their applications are expected to perform on Infleqtion (INFQ.NaE) systems, including projected qubit requirements, runtime and sensitivity to key compilation and error-correction assumptions. The tool also supports Infleqtion’s hardware and architecture development by helping evaluate how design choices such as atom movement, measurement zones, multi-species arrays and QEC implementation strategies affect application-level performance.
Because implementation and evaluation of neutral-atom hardware design decisions require substantial theoretical modeling and device engineering, resource-superstaq is designed to support a rapid design iteration cycle. The tool enables Infleqtion (INFQ.NaE) to efficiently explore the design space for fault-tolerant neutral-atom quantum computers and pair effective physical architectures and QEC-enabling middleware with high-impact applications.
By making resource-superstaq openly available, Infleqtion (INFQ.NaE) is giving customers, collaborators and the broader quantum research community a clearer view into how fault-tolerant quantum applications will perform on neutral-atom systems. The release allows users to explore the assumptions behind resource estimates, test the tool against their own workloads, and contribute improvements that expand its usefulness over time. This open, collaborative approach is intended to accelerate application readiness, strengthen confidence in resource estimates, and help the ecosystem make more informed decisions as the industry advances toward fault-tolerant quantum computing.
Development of resource-superstaq was performed in collaboration with the University of Chicago.
"Resource estimation only means something if it reflects how the hardware actually works. That's what makes this collaboration with Infleqtion (INFQ.NaE) so valuable,” said Professor Fred Chong of the University of Chicago. “Resource-superstaq is built around the real characteristics of Infleqtion’s neutral-atom systems, which means the estimates it produces are ones the research community can actually test, challenge, and build on. Enabling researchers to validate the assumptions behind a resource estimate is one of the best ways we can accelerate the path to fault-tolerant quantum computing."
Record Dual-Species Rb-Cs Gate Fidelity for In-Place Syndrome Measurement
Infleqtion (INFQ.NaE) researchers also demonstrated what the company believes is a world-record dual-species rubidium-cesium entangling gate fidelity in a neutral-atom quantum computing platform. The work, described in Qubit syndrome measurements with a high fidelity Rb-Cs Rydberg gate, reports an inter-species Rydberg gate between Rb and Cs atoms with world-record fidelity of 0.975 ± 0.002.
The dual-species architecture is a key element of Infleqtion’s roadmap because it enables fast, in-place quantum non-demolition qubit measurements for quantum error correction. By using different atomic species for data and ancilla qubits, Infleqtion’s approach can perform measurement operations with reduced disturbance to nearby data qubits, helping avoid additional movement or shelving operations that can slow logical cycle rates and add error.
The same work demonstrates multi-atom error syndrome measurements on two- and three-qubit plaquettes, core building blocks for surface-code quantum error correction. Infleqtion’s architecture combines fast in-place syndrome measurement enabled by the dual-species approach with in-place atom addressing and atom motion capabilities, creating a flexible platform for the physical operations required by fault-tolerant neutral-atom systems.
New Theory Work Shows Path to >99.9% Neutral-Atom Entangling Gates
Complementing Infleqtion’s experimental dual-species gate result, a new theory preprint from the University of Wisconsin-Madison, co-authored by Professor Mark Saffman, Infleqtion’s Chief Scientist for Quantum Information, identifies a path to improving neutral-atom entangling gate fidelities beyond 99.9%. The paper, Entangling gate performance and fidelity limits with neutral atom Förster resonances, outlines how refinements to Rydberg gate design could significantly improve one of the core building blocks required for fault-tolerant quantum computing.
High-fidelity entangling gates are essential to reducing the overhead required for quantum error correction. By showing a credible path to lower physical error rates, the new theory work complements Infleqtion’s recent hardware progress and supports the company’s broader roadmap toward scalable, fault-tolerant neutral-atom quantum computers.
The result also highlights one of the key advantages of neutral-atom systems: the ability to combine high-fidelity operations, flexible connectivity and scalable architectures in a platform designed for quantum error correction. Together with Infleqtion’s dual-species gate demonstration, resource estimation tools and atom motion advances, the work strengthens the case for neutral atoms as a leading path toward utility-scale quantum computing.
“This work demonstrates a credible path toward entangling-gate fidelities beyond 99.9%, an important milestone for scaling reliable quantum systems,” said Professor Mark Saffman, Chief Scientist for Quantum Information at Infleqtion (INFQ.NaE). “Continued advances in gate performance can significantly reduce the overhead associated with quantum error correction and help accelerate the development of commercially useful quantum computers.”
Static Magnetic-Field Atom Transport for Scalable Neutral-Atom Architectures
Infleqtion (INFQ.NaE) also announced a new static magnetic-field technique for sub-Doppler cooling and optical transport of cesium atoms, described in Sub-Doppler laser cooling and optical transport of cesium with static magnetic fields. The result establishes a more effective approach for atom motion, a critical capability for neutral-atom quantum computing architectures.
Neutral-atom systems rely on the ability to prepare, move and arrange atoms while preserving coherence and minimizing operational complexity. Conventional alkali atom cooling often requires time-varying magnetic fields, which can introduce unwanted coupling between atom preparation and coherent operations. Infleqtion’s static-field approach enables sub-Doppler cooling and optical transport of cesium while keeping the magnetic-field gradient unchanged.
In the reported demonstration, Infleqtion (INFQ.NaE) achieved 17 μK temperatures, direct loading into a shallow optical lattice, and optical transport over 17 cm within the same static-field environment. The work supports continuous-operation architectures by spatially separating atom preparation from regions requiring long coherence times and by delivering millions of atoms per second to a science cell.
Webinar to Present and Discuss Results
Infleqtion (INFQ.NaE) will host a webinar on June 24, 2026 at 10:00am MDT to present its recent results and discuss their implications for fault-tolerant neutral-atom quantum computing, resource estimation, quantum error correction, high-fidelity entangling-gate design and scalable atom motion. Registration is available here.
About Infleqtion (INFQ.NaE)
Infleqtion, Inc. (INFQ.NaE) is a global leader in quantum technology, delivering neutral-atom solutions for quantum computing, networking, sensing, and security. With a product portfolio spanning quantum computers, quantum optical clocks, RF receivers, and inertial sensors, Infleqtion’s full-stack approach combines high-performance hardware with the company’s proprietary Superstaq quantum computing software platform. Infleqtion’s systems are already in use by the U.S. Department of Defense, NASA, the U.K. government, and in multiple collaborations with NVIDIA. With operations in the U.S., Europe, and Asia, Infleqtion (INFQ.NaE) meets the demands of government and commercial customers across the space, defense, energy, finance and telecommunications sectors.
For more information, visit Infleqtion.com or follow Infleqtion (INFQ.NaE) on LinkedIn, YouTube, and X.
Forward looking statements
This press release contains forward-looking statements within the meaning of federal securities laws, including the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "projects," "seeks," "will," and variations of these words or similar expressions that are intended to identify forward-looking statements. All statements, other than statements of historical facts, including without limitation statements regarding the Company's development of its neutral-atom quantum computing technology, Infleqtion's (INFQ.NaE) Superstaq quantum software platform, anticipated timelines and milestones for fault-tolerant and utility-scale quantum computing, dual-species gate fidelity, entangling gate performance, and anticipated improvements thereto, atom transport and architecture development, collaborations with universities and other research and commercial partners, and any other statements regarding the Company's business outlook, customer demand, commercial opportunities, and market momentum, are forward-looking statements. These statements are based on Infleqtion's (INFQ.NaE) current expectations, assumptions and projections as of the date of this release and are subject to risks and uncertainties that could cause actual results to differ materially and adversely. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, without limitation, those related to Infleqtion's (INFQ.NaE) ability to recognize anticipated benefits of its business combination with Churchill Capital Corp X; the implementation, market acceptance, and success of Infleqtion's (INFQ.NaE) business model, growth strategy, and opportunities, and its ability to commercialize its quantum computing and quantum sensing technology; the expected benefits of and ability to maintain and enter into new contracts, awards, and other relationships, partnerships, or collaborations with governments, government entities, universities, or commercial partners; the ability to develop and deploy neutral-atom quantum computing products on anticipated timelines and at anticipated performance levels; the ability to achieve fault-tolerant and utility-scale quantum computing, including anticipated improvements in entangling gate fidelity; the ability of resource-superstaq and the Superstaq platform to achieve commercial and research adoption; the potential for quantum computing technology to achieve quantum advantage; the ability of Infleqtion's (INFQ.NaE) products to meet government counterparties' and customers' technical requirements and compliance and regulatory needs; Infleqtion's (INFQ.NaE) ability to obtain and maintain intellectual property protection and not infringe on the rights of others; and other risks and uncertainties described in Infleqtion's (INFQ.NaE) filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update these forward-looking statements except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260520479159/en/
Source: Infleqtion, Inc. (INFQ.NaE)
title
if anything quantum related appears and Nvidia had an outstanding earnings, we gonna fly?
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J.P. Morgan Global Technology, Media, and Communications Conference
May 20, 2026 10:00 am EDT - Webcast
https://jpmorgan.metameetings.net/events/tmc26/sessions/318932-infleqtion/webcast/public/signin
Canaccord Genuity Virtual Quantum Symposium
May 21, 2026 2:00 pm EDT - Webcast
The Cramer video is out for anyone that didn't get to watch it live.
The daily thread for socializing, questions, and sharing information for all things Infleqtion - INFQ!
The daily thread for socializing, questions, and sharing information for all things Infleqtion - INFQ!
From the article -
“Every government depends on radio-frequency signals to navigate, communicate, detect threats, move goods, manage airspace, and operate critical infrastructure. Those signals are now easier to jam, spoof, hide, and overwhelm,”
Traditional RF systems rely on antennas and electronic hardware that are often optimized for limited frequency ranges, forcing engineers to build separate systems for different bands. This creates size, power, and reliability challenges—especially in contested environments.
Infleqtion claims its new approach could bypass many of those limitations by using atoms themselves as sensors.
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This is a pretty good article and it's hard not to get excited about Infleqtion’s opportunity with this technology.