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FINWIRES

Infleqtion Wins $2 Million US DARPA Contract

-- Infleqtion (INFQ) said Tuesday it won a $2 million contract from the US Defense Advanced Research Projects Agency under the two-year Heterogenous Architectures for Quantum program to advance the Multistaq platform for quantum systems comprising qubit modalities.

The company will contribute to Technical Area 1, focusing on quantum circuit compilers that boost the capabilities of heterogeneous qubit platforms, the company said.

These quantum systems can accelerate scientific discovery, improve security decision-making, and advance the development of efficient infrastructure, according to a statement.

Price: $15.38, Change: $-0.62, Percent Change: -3.88%

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