$INFQ

Infleqtion, a Colorado quantum computing company, leased 7,500 sq ft at 125 S. Wacker Drive in Chicago for a quantum innovation center, according to the Chicago Business Journal. The firm, which raised $550 million in a February IPO, plans to deploy a fault-tolerant neutral-atom system at Illinois’ Quantum & Microelectronics Park with delivery in 2027. Illinois expects $5.3M tax credits under MICRO and at least 36 jobs.

Churchill Capital Corp X (CCCX) completed its merger with Infleqtion on Friday and will begin trading on the NYSE Tuesday under ticker INFQ, with warrants as INFQ WS, according to the companies. Shareholders approved merger proposals Feb. 12 with about 37,800 shares redeemed (0.09%). Infleqtion expects about $551 million gross proceeds at closing. Retail sentiment on Stocktwits turned highly bullish.

After-hours gains Monday lifted small-cap Catheter Precision (VTAK), Infleqtion (INFQ), and Oriental Rise Holdings (ORIS). VTAK rose nearly 61% after Flyte partnership with GSE Worldwide and Emiliano Grillo plus new heart-failure patents. INFQ jumped over 12% after Trump quantum executive orders and its Quantum Space Initiative. ORIS gained about 22% after a one-for-four reverse split took effect.

Infleqtion (INFQ) shares rose over 35% to an all-time high of $21.28. Citi initiated coverage with a Buy rating and $20 price target, which the stock has surpassed. The move follows Nvidia’s launch of an open-source Ising model and Nvidia selecting Infleqtion for two roles, according to analysts and coverage cited in the article.

BTIG projects quantum computing’s first commercial application will be quantum simulation and estimates the market at about $1.75B today, $7-10B by 2030, and $43-71B by 2035. It cites roadmaps from 10 quantum firms and expects early fault tolerance around 2028-2030. BTIG reiterates a Buy on Infleqtion (INFQ) with a $22 target, citing a 30 logical qubit demo later this year.

Wedbush initiated coverage of Infleqtion, Inc. (NYSE:INFQ) with an Outperform rating and a $20.00 price target, versus $9.83 at the time, implying over 100% upside. The target uses a 10-year DCF with ~20.5% WACC and 5% terminal growth. Infleqtion reported Q1 2026 revenue of $9.5M (+14% YoY) and an operating loss of $33.6M.

Investing.com reports Infleqtion (INFQ) rose about 0.2% in pre-open to $9.85 amid broad market gains and continued institutional interest in quantum tech. Analysts initiated bullish coverage: Wedbush Outperform with a $20 target, Canaccord Buy $22, and Craig-Hallum Buy $19. INFQ plans Q2 2026 results Aug 12 after close.

Infleqtion, Inc. (NYSE: INFQ) said it will report Q2 results for the quarter ended June 30, 2026 on Aug. 12, 2026 after market close, with a 4:30 PM ET conference call and webcast. The article also notes INFQ shares rose 3.13% to $10.19 after DOE project awards and highlights recent stock technical levels.

Infleqtion Inc. (NYSE: INFQ) said it will deploy its next fault-tolerant neutral-atom quantum computer in Chicago next year, housed at the Illinois Quantum & Microelectronics Park. The company also opened a Chicago Quantum Innovation Center and plans to grow its Illinois workforce and investment, according to its release.

The article reviews four newly public quantum computing firms: Quantinuum (QNT), Xanadu (XNDU), Horizon Quantum (HQ), and Infleqtion (INFQ). It notes QNT’s trapped-ion Helios commercialization and fiscal 2026 Q1 revenue of $5.2M (-73% YoY), INFQ’s Q1 revenue of $9.5M (+14% YoY) and 2026 outlook raised to at least $40M, plus recent partnerships and losses for XNDU and HQ.