Infleqtion, Inc. · NYSE:INFQ
Infleqtion — Investor Presentation (September 2026)
30 slides from Infleqtion's investor presentation, Sep 24, 2026
Slide 1: Quantum's Exponential Moment
1 | 2025 Infleqtion. All rights reserved Quantum’s Exponential Moment Matt Kinsella CEO & Founding Investor
Slide 2: Disclaimers and Forward-Looking Statements
Disclaimers and Forward-Looking Statements This presentation contains forward-looking statements. All statements other than statements of historical fact contained in this presentation and the related webcast are forward-looking statements, including but not limited to: statements regarding Infleqti
Slide 3: Infleqtion: One Neutral-Atom Platform
MULTIPLE PA THS T O C OM MERCIAL VA LUE U.S. | U.K. | Japan | Australia Systems Deployed Globally Computing & Sensing ~$45M FY26 Revenue Guidance -248+ patents issued & pending - 175+ physicists & engineers 20 Years of Quantum Innovation Government | Enterprise | Research 100’s of Quantum Customers
Slide 4: Technological Revolutions and Financial Capital
18 Technological Revolutions and Financial Capital Carlota Perez The Framework Behind This Talk Today’s Question Where does quantum fit in the arc of technological history?
Slide 5: Quantum Changes How Humanity Understands the World
Quantum Changes How Humanity Understands the World THE PRECISION ERA BEGINS Amplified Human Muscle 1770s Industrial Revolution Compressed Distance 1830s Railways & Logistics Harnessed Energy 1870s Steel & Electricity Expanded Mobility 1920s Automobiles & Mass Production Unlocked Digital Intelligence
Slide 6: The Singularity
6 | 2025 Infleqtion. All rights reserved 01 The Singularity
Slide 7: The Law of Accelerating Returns
7 | 2025 Infleqtion. All rights reserved 01 The law of Accelerating Returns
Slide 8: Thinking Exponentially
8 | 2025 Infleqtion. All rights reserved We think linearly, but progress actually compounds 01 Thinking Exponentially
Slide 9: We consistently underestimate technology
9 | 2025 Infleqtion. All rights reserved 02 We consistently underestimate technology Compounded Growth Linear Growth 1x 2x 4x 8x 16x 32x The Early Part of an Exponential Curve Looks Linear 32x 6x
Slide 10: Does this Apply to Quantum?
03 Does this Apply to Quantum?
Slide 11: Quantum Is Not a Single Curve
03 Quantum Is Not a Single Curve Quantum Hardware More capable physical systems Error Correction More reliable logical operations Software + algorithms Lower application requirements AI + classical compute Control, decoding and hybrid workflows Capital + Customers Problems, people and infrastructure
Slide 12: The Curves Are Beginning to Reinforce One Another
04 The Curves Are Beginning to Reinforce One Another Quantum Hardware More capable physical & logical systems Software & Algorithms Lower application requirements AI + GPUs + Classical Compute Control, decoding, and hybrid workflows Capital & Customers Infrastructure, Challenges, Financing Talent &
Slide 13: We Are the Curve
05 We Are the Curve Everyone in This room Is Bending the Curve Upward Every paper. Every system. Every application. Every dollar. Every engineer.
Slide 14: Useful quantum may arrive faster than we think
Useful quantum may arrive faster than we think The Biggest Quantum Surprise The Timeline 07
Slide 15: Our Timeline: Sqale Roadmap
01 Our Timeline Sqale Roadmap ✓ 2024: Delivered ✓ 2025: Delivered ✓:✓:
Slide 16: Our Timeline: Sqale Roadmap
01 ✓ 2024: Delivered ✓ 2025: Delivered ✓ 2026: Delivered ✓:✓:✓: Our Timeline Sqale Roadmap
Slide 17: Logical qubits in a single entangled computation on Sqale
10 30 logical qubits a single entangled computation Demonstrated on Sqale
Slide 18: Quantum Progress in Practice
07 Chief Technology Officer & GM Computing Quantum Progress in Practice Pranav Gokhale
Slide 19: Entangled Logical Qubits
10 30 Entangled Logical Qubits 30 Logical Qubits 80 Physical Qubits Sqale architecture unites in-place entanglement w/ all-to-all connectivity 10 × 0 ⊗30 encoded with [[8, 3, 3]] error correction code. Operated as + ⊗30 w/ [[8, 3, 2]] detection & loss correction code.
Slide 20: Putting Logical Qubits to the Test
11 Putting Logical Qubits to the Test ~1000x 30 LQ signal strength vs. noise Output consistent with the ideal calculation
Slide 21: AI-Assisted Discovery of a New Logical Gate
AI-Assisted Discovery of a New Logical Gate 13 3 Logical Qubits Previously: required 8 physical 2Q gates to achieve logical entanglement 3 Logical Qubits
Slide 22: AI-Assisted Discovery of a New Logical Gate
AI-Assisted Discovery of a New Logical Gate 13 3 Logical Qubits Now: only 4 physical 2Q gates to achieve logical entanglement 3 Logical Qubits
Slide 23: Non-Clifford Gates Demonstrated
09 Non-Clifford Gates Demonstrated How the Logical Qubits Interact30 Logical Qubit Circuit Includes four logical CCZ gates
Slide 24: Fine-tuning Error Detection to Loss Correction
Hit fractions calculated among retained samples 11 Fine-tuning Error Detection to Loss Correction Balancing Quality and Throughput Error Detection High accuracy Low throughput
Slide 25: Fine-tuning Error Detection to Loss Correction
Hit fractions calculated among retained samples 11 Fine-tuning Error Detection to Loss Correction Error Detection High accuracy Low throughput Balancing Quality and Throughput Loss Correction 4x throughput Lower accuracy
Slide 26: Toward a Quantum Neural Network
Toward a Quantum Neural Network Division of work between GPUs and QPUs 14 GPU Training QPU Inference / sampling Trained parameters Classical training, quantum execution
Slide 27: Next frontier: 1 MegaQuOp
27 | 2025 Infleqtion. All rights reserved 02 Next frontier: 1 MegaQuOp (1M Operations) 2026 2028 2030 Climbing the Exponential Curve Of Quantum Computing 30 Logical qubits, leveraging 1 KiloQuOp of physical operations 100 Logical qubits target Illustrative progression Larger Computations Achieved Fu
Slide 28: Quantum Computing: Programs, Systems and Customers
28 | 2026 Infleqtion. All rights reserved Government Programs Quantum Computing: Programs, Systems and Customers Building toward quantum utility with customers globally Computing Systems Partners First and Only 100 qubit machine Operational QPU 50+ Logical Qubit System planned 3 customers for Sqale
Slide 29: Infleqtion Is Helping Bend the Curve
15 Infleqtion Is Helping Bend the Curve Neutral-atom Systems Control and logical-system engineering Software Compile, optimize, estimate resources Applications Customer problems shape experiments 1. 2. 3.
Slide 30: We Are Bending The Curve Together
We Are Bending The Curve Together Useful quantum may arrive faster than we think