February 18, 2026

Infleqtion, Inc. Begins Trading
on the NYSE as INFQ
BOKA PORTFOLIO COMPANY BECOMES FIRST PUBLICLY LISTED
NEUTRAL-ATOM QUANTUM TECHNOLOGY COMPANY
BOKA Group ("BOKA") announces that its portfolio company, Infleqtion, Inc. ("Infleqtion"), commenced trading on the New York Stock Exchange ("NYSE") under the ticker symbol "INFQ" on February 17. The company marked its public market debut with a bell-ringing ceremony in New York.
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The business combination with Churchill Capital Corp X solidifies Infleqtion’s position as a leader in neutral-atom quantum technology. The transaction delivered approximately $550 million in gross proceeds, including strong trust cash retention and more than $125 million in PIPE capital, to fuel the company’s next phase of growth.
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PIPE investors alongside BOKA include Maverick Capital, Counterpoint Global, Glynn Capital, and Compass Point, reflecting broad institutional conviction in Infleqtion’s differentiated technology and commercial strategy.
BOKA PARTNERSHIP SINCE 2022
BOKA first invested in Infleqtion in 2022, leading the company’s Series B financing with a $35 million commitment, which at the time constituted the single largest institutional investment in the company's history.
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​Our investment thesis centered on:
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Neutral-atom scalability, uniquely capable of powering both quantum computing and precision sensing with a unified architecture
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Real-world commercial traction, with customers including leading government, enterprise, and research institutions; and
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Strategic alignment with sovereign and frontier technologies, especially in sectors with near-term impact on AI, defense, space, and critical infrastructure.
Since 2022, BOKA has maintained active board-level engagement and partnered closely with management on institutional development, strategic positioning, commercial scaling, capital formation, and public market readiness.
Throughout the business combination process, BOKA remained a constructive long-term shareholder and elected to participate in the PIPE financing, underscoring continued conviction in Infleqtion’s differentiated platform and long-term growth trajectory.
COMMERCIAL PLATFORM AND STRATEGIC ENGAGEMENTS
​​Infleqtion’s commercial platform includes quantum computers, atomic clocks, quantum RF receivers, inertial navigation systems, and proprietary software. These capabilities are deployed across scientific, governmental and mission-critical applications.
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Select publicly disclosed engagements include:
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Advanced computing and hybrid workflows with NVIDIA Corporation;
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Defense and mission programs with the U.S. Department of War;
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Space and Earth observation initiatives with NASA’s Jet Propulsion Laboratory, including a forthcoming Quantum Gravity Gradiometer Pathfinder mission↗ to fly the world’s first quantum gravity sensor in orbit, advancing precision geospatial and environmental insight, and;
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Engagements with allied government and research institutions globally, including the UK Government and national quantum centers.
These collaborations underscore Infleqtion’s position as a strategic technology partner in frontier scientific and sovereign missions.
A PUBLIC MARKET MILESTONE
With its NYSE listing, Infleqtion becomes:
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the first publicly listed neutral-atom quantum technology company and
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the only public company with commercial leadership across both quantum computing and precision sensing
The public listing marks an important milestone in the maturation of commercial quantum infrastructure and the emergence of pure-play quantum technology within the public markets. For BOKA and its investors, the transaction also represents a meaningful value creation milestone, reflecting a substantial multiple of invested capital on the firm’s initial 2022 investment and reinforcing BOKA’s disciplined, high-conviction approach to identifying and supporting category-defining deep-technology platforms through institutional scaling.
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BOKA remains a long-term shareholder and looks forward to supporting Infleqtion as it executes on its commercial roadmap as a publicly listed company.
ABOUT BOKA GROUP
BOKA is a deep-technology investment firm focused on advanced computing, AI, autonomy, space, and national security platforms that strengthen allied capability and sovereign resilience. Since inception, BOKA has led high-conviction investments at critical stages of company development, partnering with exceptional founders and management teams building category-defining technologies at the intersection of frontier innovation and dual-use infrastructure. The firm provides institutional capital and strategic support through pivotal inflection points to help scale enduring technology platforms.
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For further information, please contact:
media@bokacapital.com
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. BOKA undertakes no obligation to update any forward-looking statements except as required by law.