Quantum technology leader Infleqtion has successfully closed a significant Series C funding round, raising $100 million. This substantial investment will accelerate the company’s efforts in developing and deploying its cutting-edge quantum solutions across various sectors, including commercial applications, government programs, and defense initiatives.
The funding round was spearheaded by Promus Ventures, a firm known for investing in deep technology companies. Other notable participants included Tactical Funding, Rock Creek, and Future Labs Capital, alongside returning investors like Innovation Endeavors and Maverick Ventures. This diverse group of investors underscores the growing confidence in Infleqtion’s technological advancements and market potential.
In parallel with the funding announcement, Infleqtion revealed a strategic partnership with SAIC (Science Applications International Corporation). This collaboration is specifically focused on the rapid deployment of quantum technologies within the defense sector. Leveraging Infleqtion’s quantum expertise and SAIC’s extensive experience in defense integration, the partnership aims to deliver transformative quantum capabilities to support national security objectives. This includes potential applications in quantum sensing, secure communications, and advanced computing for complex defense calculations.
The combination of significant new funding and a key defense partnership positions Infleqtion strongly to expand its market reach and accelerate the transition of quantum technology from research labs to real-world, high-impact applications. This move highlights the increasing maturity of the quantum industry and the growing demand for practical quantum solutions across critical sectors.
Source: https://www.datacenterdynamics.com/en/news/infleqtion-closes-100m-series-c-funding-round-partners-with-saic-for-deployment-of-quantum-technologies-across-defense-industries/
