Infleqtion gets millions from Energy Dept. quantum program
BOULDER — Infleqtion (NYSE: INFQ), a Boulder-based quantum technology company, was recently selected to receive $3.9 million from the U.S. Department of Energy’s Quantum Computing for Computational Chemistry (QC3) program.
The program “seeks to develop and apply quantum algorithms to accelerate simulations of chemistry and materials science to advance commercial energy applications ranging from superconducting power lines, advanced batteries, engineered rare earth magnets, and breakthrough catalytic systems,” according to Infleqtion.
Infleqtion, the trade name used by ColdQuanta Inc., uses neutral-atom technology to build quantum computers, quantum clocks, RF receivers and inertial sensors. The company went public in February.
“Infleqtion’s QC3 project aims to discover new high-temperature superconductors and materials that conduct electricity with zero losses,” the company said. “Superconductors are already used in powerful electromagnets for MRI machines, but their use in the electric grid remains limited due to the need for ultra-low temperatures. Infleqtion will use its neutral atom quantum computer and a pioneering new algorithm to improve the understanding of superconductivity and discover new, previously unknown, and superconducting materials.”
Infleqtion was recently selected to receive $3.9 million from the U.S. Department of Energy’s Quantum Computing for Computational Chemistry program.
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