Appointment of CFO: Infleqtion has appointed Ilan Hart as Chief Financial Officer, effective October 20, 2025, bringing nearly 30 years of financial leadership experience, including over two decades at Intel and a recent role as CFO at Zoox.
Role and Responsibilities: As CFO, Hart will manage corporate financial functions, capital markets strategy, and investor relations, playing a crucial role in Infleqtion's plans to go public through a merger with Churchill Capital Corp X.
Company Overview: Infleqtion specializes in neutral atom-based quantum technology, offering products like quantum computers and precision sensors, and has generated approximately $29 million in revenue over the past year, with significant growth potential.
Merger Details: The merger with Churchill Capital Corp X values Infleqtion at $1.8 billion and is expected to provide over $540 million in gross proceeds, which will be used to accelerate technology development and expand into new markets.

