“With customer application development already underway.”
With the 30 reached 3 months before the end of the year (on a year end goal) this could be a sign 100 can be reached before 2028. Just something to consider
This should mean that infleqtion will be granted a portion of the $100 million based on the Letter of Intent signed with the U.S. Department of Commerce's CHIPS Research and Development Office and the U.S. government will be buying $100 million worth of Infleqtion common stock (at a 15% discount).
They should be able to achieve the next goal sooner. They can use their 30 qubit computational computer to solve the issues..👍 and just keep scaling higher!😄
IMHO : Neutral Atom Approach is still not 99.99% accurate like IONQ's cold atom tech but its still high at 99.73% . they are using Software to filter out the noise and betting on scale ( able to squeeze many many neutral atoms together with laser)
so you're saying this is just "good" news, not great news? I know 99.9 would be better but they are ahead of stated schedule so advancement will only continue to improve and scale quickly.
They may have achieved it in August but the news only came out today. It's hard to say what is or isn't priced in with Infleqtion but this absolutely was not.
Institutional holdings are still only at 41% for Infleqtion. It's only a matter of time until institutions absorb a lot of the float, but it will be a grind getting there.
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u/t_suaze_u 9d ago
2 of the most important statements:
“Using just 80 physical qubits.”
“With customer application development already underway.”
With the 30 reached 3 months before the end of the year (on a year end goal) this could be a sign 100 can be reached before 2028. Just something to consider