Infleqtion Raises $100 Million Series C

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Insider Brief

  • Infleqtion raised $100 million in Series C funding to scale its atom-based quantum computing, sensing, and precision timing technologies for deployment in government and commercial sectors.
  • The company generated nearly $30 million in revenue last year and holds a $200 million customer pipeline, with deployments already active across NASA, the U.S. Department of Defense, and the UK’s National Quantum Computing Centre.
  • Strategic investors and partners, including SAIC and In-Q-Tel, are supporting Infleqtion’s expansion into defense, aerospace, and national security applications through advanced quantum systems like atomic clocks, inertial navigation, and quantum RF communication.

PRESS RELEASE —  Infleqtion, the only company actively commercializing atom-based quantum systems across computing, sensing, and precision timing, announced a $100 million Series C funding round backed by new, existing, and strategic investors, including Glynn Capital, Counterpoint Global (Morgan Stanley), S32, SAIC and others. Having generated almost $30 million in revenue last year and backed by a customer pipeline topping $200 million, Infleqtion will use this investment to scale its atom-based quantum platforms and accelerate deployment of field-ready quantum systems that address today’s most demanding real-world challenges.

“We are harnessing the power of quantum to solve the world’s most urgent and complex challenges.” said Matt Kinsella, CEO of Infleqtion. “This funding fuels our next phase of growth, allowing us to scale transformative technologies with strategic partners who share our vision and serve as go-to-market allies, helping to secure nations and power the next generation of intelligent systems.”

“Quantum technology is fast becoming essential to both economic competitiveness and national security and we believe it will fundamentally reshape the global landscape.” said Charlie Friedland, Partner at Glynn Capital. “Infleqtion stands out for its combination of scientific depth and commercial execution. Their atom-based systems are deployable, scalable, and poised to deliver the quantum solutions industries and governments need.”

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Pioneering Quantum Computing and Sensing

Infleqtion’s technology is built on atoms, the most promising path to scalable quantum advantage, and is currently deployed in government and commercial programs around the world. Sqale, Infleqtion’s neutral atom-based quantum computer, is installed at the National Quantum Computing Centre (NQCC) in the United Kingdom and the company was selected by Japan’s Science and Technology Agency (JST) as the only foreign quantum computing partner in the Quantum Moonshot program.

The company recently demonstrated a materials science breakthrough powered by its Superstaq compiler and Nvidia’s CUDA-Q platform, marking a key milestone on its path toward scalable, fault-tolerant quantum computing. The company also unveiled Contextual Machine Learning (CML), a quantum-inspired AI system aimed at solving high-value defense and biotech applications.

Infleqtion leads the market in quantum-enabled positioning, navigation, and timing, bringing next generation capabilities critical for national security. Its atomic clocks deliver quantum advantage today, with more than 100x improvements in precision over legacy systems. These systems are already deployed with NASA, the U.S. Department of Defense, and have earned an $11M DoD APFIT contract award for mission-critical innovation.

Scaling with Strategic Partners

Infleqtion’s Series C round includes backing from strategic partners that understand the direct impact bringing quantum technology to real-world mission environments. Through a new go-to-market partnership with SAIC – a leading mission integrator that provides advanced technology solutions to solve and support the mission-critical needs across military, intelligence, and government agencies – Infleqtion is expanding the deployment of quantum sensing technologies, including atomic clocks, quantum RF communication, and inertial sensing, into defense and aerospace applications. Infleqtion has more than three dozen active government and commercial programs in deployment, with expansion planned across North America, UK, and Australia.

“We are excited to partner with Infleqtion to accelerate the delivery of quantum sensing and computing across our full range of national defense and government customers,” said Lauren Knausenberger, CINO and Managing Director of Ventures at SAIC. “Infleqtion’s visionary advancements in atomic clocks, inertial navigation, and quantum communication directly align with our mission to integrate emerging technologies into active and critical operations to enhance resilience, precision, and ultimately keeping warfighters safe in the most demanding environments.”

Infleqtion’s momentum is backed by a powerful investment community including new supporters and long-standing partners who share deep confidence in our mission. Additional investors include Axial, Breakthrough Victoria, Caruso Ventures, Cyfr Capital, Golden Vision Capital, Global Frontier, In-Q-Tel (IQT), LCP, Maverick, National Security Strategic Investment Fund (NSSIF), Olive Ventures, Overmatch, S Ventures (SentinelOne), and the Wisconsin Alumni Research Foundation. J.P. Morgan acted as a sole placement agent to Infleqtion.

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MENTIONED IN THE ARTICLE

Infleqtion
InvestorUnited States · 101-500 FTEs

Infleqtion, founded in 2007 at the University of Colorado Boulder, specializes in neutral atom quantum technology for the aerospace and defense sectors. The company is heavily involved in orbital infrastructure, notably supplying atomic clocks and contributing quantum sensors to NASA's Cold Atom Lab and the Quantum Gravity Gradiometer Pathfinder mission to enhance space navigation, timing, and Earth observation capabilities.

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NASA
InvestorUnited States · 10001+ FTEs

The National Aeronautics and Space Administration (NASA) is the U.S. government agency driving pioneering research and technological development in both atmospheric flight (aeronautics) and space exploration (astronautics). NASA acts as a research organization, utilizing advanced wind tunnels, supercomputing, and flight test laboratories to advance aircraft aerodynamics, propulsion, and materials, while simultaneously involved in the design, construction, and operation of launch vehicles and spacecraft for deep space exploration. Through its aeronautics research directorate, the agency works to improve the safety, efficiency, and environmental impact of aviation, whereas its space programs focus on developing cutting-edge flight systems, robotic explorers, and human transportation capabilities.

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SAIC
InvestorUnited States · 10001+ FTEs

SAIC is a leading technology company providing digital transformation solutions, engineering, artificial intelligence, and immersive technologies. They offer services across various domains including sea, land, air, space, and cyber. They also provide government services, IT solutions, and professional support to various U.S. defense and federal agencies.

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Morgan Stanley
InvestorUnited States · 10001+ FTEs

Morgan Stanley is a global financial services firm founded in 1935 and was established as a partnership by former J.P. Morgan & Co. employees to comply with the Glass-Steagall Act, which required the separation of commercial and investment banking. It provides comprehensive investment banking, securities, wealth management, and investment management services, operating in over 40 countries. The firm is structured into three primary business units: Institutional Securities, Wealth Management, and Investment Management.

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NVIDIA
InvestorUnited States · 10001+ FTEs

NVIDIA Corporation is an American multinational technology company and a global player in accelerated computing and Artificial Intelligence (AI). Founded in 1993, the company pushes the aerospace frontier with the Space-1 Vera Rubin Module, a platform for orbital data centers that delivers massive AI-compute Space Computing. This NVIDIA technology enables satellites and autonomous spacecraft to process and fuse sensor data rapidly Space Computing.

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