Infleqtion Completes Business Combination with Churchill Capital Corp X
February 16, 2026
Infleqtion completed its previously announced business combination with Churchill Capital Corp X, becoming the first publicly listed neutral-atom quantum technology company and beginning trading on the New York Stock Exchange under the ticker INFQ. The transaction provided Infleqtion with over $550 million of gross proceeds (including nearly all of Churchill X's trust account and a >$125 million PIPE) to accelerate commercialization of its quantum computing and sensing products for government and commercial customers.
- Buyers
- Churchill Capital Corp X, PIPE investors (existing Infleqtion stockholders and new institutional investors)
- Targets
- Infleqtion, Inc.
- Industry
- Aerospace & Defense
- Location
- Colorado, United States
- Transaction Type
- Buyout
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