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Matthew Kinsella

Matthew Kinsella

CEO, Infleqtion

Appears in 1 story

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The quantum computing land grab

New Capabilities

CEO of newly public Infleqtion (NYSE: INFQ), first neutral-atom quantum company to list

D-Wave Quantum closed its $550 million acquisition of Quantum Circuits in January 2026, bringing Yale's breakthrough dual-rail qubit technology under one roof with the world's leading quantum annealing platform. It's the latest move in a nine-month consolidation spree that saw IonQ spend $1.08 billion on Oxford Ionics in June 2025, announce a landmark $1.8 billion SkyWater Technology acquisition in January 2026, and complete multiple strategic purchases to build a vertically integrated quantum platform. Quantinuum filed for a $20 billion IPO, and at least four quantum startups announced SPAC mergers worth over $3 billion combined.

Updated Feb 17