Infleqtion shares react to $100 million quantum funding news in Washington
Infleqtion traded higher early Thursday after the company said the U.S. Department of Commerce gave it a preliminary letter for $100 million in funding tied to neutral-atom quantum computing. The letter includes a provision for the U.S. to receive equity in Infleqtion. INFQ was last at $11.18, up 5.1% ahead of the New York open.
