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Infleqtion Raises $100M to Scale Atom-Based Quantum Solutions for National Security and Next Generation Intelligent Systems

Infleqtion Raises $100M to Scale Atom-Based Quantum Solutions for National Security and Next Generation Intelligent Systems

June 3, 2025 Craig Etkin

Backed by Glynn Capital, Counterpoint Global (Morgan Stanley), S32, and SAIC, Infleqtion is defining the frontier of commercial quantum technology with deployable systems that meet today’s most demanding challenges.

BOULDER, Colo.–(BUSINESS WIRE)–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.”

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 and 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, the 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.

About Infleqtion

Infleqtion is a world-leading quantum technology company advancing transformative, atom-based solutions that integrate quantum hardware and software to enhance precision and performance across national security, enterprise, and infrastructure markets. Specializing in atomic clocks, quantum RF, quantum computing, and quantum technologies that accelerate breakthroughs in AI, sensing, and secure communications, Infleqtion’s systems are already deployed in mission-critical environments around the world. With a track record of delivering real-world impact and deep alignment with strategic partners, Infleqtion is a trusted provider of quantum solutions for national security modernization, resilient infrastructure, and next-generation intelligent systems.

Contacts

Matt Stubbs
Voxus PR
mstubbs@voxuspr.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Boulder, Business Wire, Colorado, Infleqtion, Venture Capital

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According to state and local development sources, VA Houston Healthcare System plans to invest $31 Million to build out 66,612 square feet of new space in Beaumont. The company plans to occupy the new space at 3295 College in Beaumont, on or about February 1, 2027. The Beaumont VA Clinic which was authorized and funded through the PACT Act, or the Honoring our Promise to Address Comprehensive Toxics Act of 2022, will be located at 3295 College Street in Beaumont. The new clinic will be almost double the amount of space in the current Beaumont Outpatient clinic.  

In a statement Frank Vazquez, Houston VA Medical Center Director said, “We are excited to expand our services in Beaumont to provide our Veterans with a modern healthcare clinic that caters to their needs.” “The more services we can offer in our new VA Clinic, the less the Veterans will need to travel to Houston for specialty medical care.” “We are truly committed to ensuring our southeast Texas Veterans receive the top-quality healthcare they deserve as quickly and conveniently as possible.” “Our goal is to provide as much health care as possible to our Veterans here in Beaumont and our new clinic will allow us to expand and will be modern and updated.  We can’t wait to get it up and running.” 

Construction is set to begin in the coming months to renovate and build out the new clinic, with an anticipated opening date set for early 2027.  Earlier this year, Houston VA announced the beginning of a new shuttle service for Southeast Texas Veterans who need to get to the VA hospital in Houston for treatment.  The shuttle service offers Veterans a free ride to and from the Houston VA on weekdays. Veterans can catch the free shuttle each weekday morning at the Beaumont VA Outpatient Clinic.  

According to the company website VA Houston Healthcare System provides health care services to Veterans at 13 locations in southeast Texas. The VA Houston Healthcare System provides you with outstanding health care, trains Americas future health care providers, and conducts important medical research. At the VA Houston Healthcare System, were dedicated to improving the lives of Veterans and their families every day. The VA Houston Healthcare System is one of the leading health care systems serving Veterans in the South Central VA Health Care Network. Were an innovative care center within the Veterans Integrated Service Network 16 (VISN 16), which includes medical centers and clinics in Mississippi, Louisiana, Arkansas, Oklahoma, southeast Texas, and northwest Florida.
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LuminX, an AI-driven company pioneering cutting edge inventory automation and visibility, announced today the closure of its $5.5 million seed funding round. This initial funding will accelerate the development and deployment of its solutions for the logistics and warehousing industry. The seed round was supported by a multitude of investors, including 1Sharpe, GTMFund, 9Yards, Chingona Ventures, and the Bond Fund. LuminX addresses critical inefficiencies in supply chain and warehouse management that lead to significant operational costs and errors. The company is at the forefront of solving these issues by developing and deploying its Vision Language Models (VLMs) directly onto low-cost mobile hardware within the warehouse – an approach that makes advanced AI accessible and practical for a wider range of operations.

LuminX systems uniquely integrate sophisticated visual understanding with powerful generative AI capabilities, enabling its cameras to ‘see’ and interpret complex, dynamic warehouse environments in real-time—recognizing products, varied labels, assessing package conditions, and tracking movement. These versatile devices can be deployed anywhere in the warehouse, including docks, conveyors, on forklifts, or as handheld units. LuminX’s system intelligently processes this visual information to automate intricate operational tasks, eliminate manual work, and provide actionable data for drastically reducing discrepancies and optimizing overall workflow.

LuminX is led by founder and CEO Alex Kaveh Senemar, a seasoned entrepreneur with a proven track record of building and scaling successful AI companies across several industries. He previously founded and led Voxel, a pioneering AI company in warehouse safety and operations, and prior to that, founded Sherbit, which was successfully acquired by Huma in 2019. He is joined by co-founder & CTO Reza Javanmardi, Ph.D. in Computer Science and former Head of AI Research at Voxel, whose career spans impactful R&D in machine learning and computer vision across startups and research institutions.
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AT&T has announced plans to expand and relocate its call center across the street from the company’s existing campus on Lakeside Boulevard, the latest in a series of national call center real estate moves. AT&T signed a 12-year lease with Provident Realty Advisors for approximately 186K SF across seven floors of the Lakeside Boulevard Tower at 2221 Lakeside Blvd. The company’s existing call center is located at its Lakeside Campus at 2270 Lakeside Blvd.

In a statement Michael Ford, AT&T Head of Global Real Estate said, “We have a strong history in the city and this opportunity strategically aligns with our focus on creating modern workspaces where our employees can thrive, innovate and deliver solutions that connect people to greater possibility.”

To support $15.8M in building improvements at AT&T's new location, the city of Richardson awarded Provident a building modernization grant and permit fee waivers. Provident acquired the 807K SF Lakeside Campus office complex in November 2024. The campus is anchored by RealPage and was originally built for Nortel. AT&T Inc. is an American multinational conglomerate holding company that is Delaware-registered but headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the worlds largest telecommunications company, it is also the largest provider of mobile telephone services in the U.S. As of 2020, AT&T was ranked 9th on the Fortune 500 rankings of the largest United States corporations, with revenues of $181 billion.
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