Infleqtion to Present at Evercore TMT Conference, Highlighting Commercialization of Quantum Technology

Deep News
May 28

The neutral-atom quantum technology company Infleqtion (NYSE: INFQ) announced today that its CEO, Matt Kinsella, will participate in a fireside chat at the Evercore Technology, Media & Telecom Conference in San Francisco on June 2, 2026, at 1:00 PM Eastern Time. The presentation will be webcast live and accessible to investors via the investor relations section of the company's website.

Infleqtion is a global technology leader focused on quantum computing, quantum networking, quantum sensing, and quantum security. Utilizing a neutral-atom technology approach, its product portfolio includes quantum computers, quantum optical clocks, radio frequency receivers, and inertial sensors, alongside its proprietary Superstaq quantum computing software platform. Unlike superconducting qubits that require operation near absolute zero, neutral atoms can function at room temperature, offering significant advantages in scalability.

The company has recently secured a series of important government contracts and funding. In May 2026, Infleqtion signed a letter of intent with the U.S. Department of Commerce to receive $100 million under the CHIPS Act to advance the research and development of neutral-atom quantum systems within the United States. Previously, the company was awarded a $2 million contract from DARPA to develop hybrid quantum networking software and delivered upgraded quantum hardware to the International Space Station.

According to its inaugural public earnings report released in May, Infleqtion reported first-quarter 2026 revenue of $9.5 million, a 14% year-over-year increase. Its loss per share narrowed to 26 cents from 41 cents in the same period last year. The company has raised its full-year 2026 revenue guidance to at least $40 million. Infleqtion's technology is already in use by the U.S. Department of Defense, NASA, and the UK government, and it maintains an ongoing collaboration with NVIDIA, with the two companies having jointly released the world's first materials science application demonstration using logical qubits.

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