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, a global leader in neutral atom–based quantum technology, and Churchill Capital Corp X, a publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement to accelerate Infleqtion’s mission to commercialize quantum products that provide orders of magnitude improvements in computing and precision sensing applications. Upon closing, the combined company will operate as Infleqtion and is expected to be listed on a leading North American exchange under the ticker “INFQ.”

Valued at $1.8 billion, Infleqtion is now the tenth "unicorn" to spin out of 51�Թ���. Others include Amgen, Ball Aerospace & Technologies, Solid Power and SomaLogic.��

Infleqtion’s star continues to rise as Colorado’s quantum hub grows. The company of firsts, spun out of 51�Թ��� as ColdQuanta, seems to be everywhere these days, including outer space, while commercializing pioneering research to address needs across several critical markets, including positioning, navigating and timing, global communication security and efficiency, resilient energy distribution and accelerated quantum computing.��

Infleqtion to go public through merger with Churchill Capital Corp X

“Churchill Capital is proud to partner with companies that are shaping the future of technology,” said Michael Klein, Chairman and CEO of Churchill Capital Corp X. “Infleqtion stands out with its breakthrough neutral atom platform and proven engineering capabilities, already delivering meaningful impact in quantum computing and sensing. We are excited to support Infleqtion’s leadership team as they advance the quantum era and create enduring value for shareholders.”