--- title: "Infleqtion Landed a $20 Million NASA Contract — Here's What Else Happened Recently" type: "News" locale: "en" url: "https://longbridge.com/en/news/298328546.md" description: "Infleqtion (NYSE:INFQ) reported strong Q2 results, beating revenue estimates by 27% and raising 2026 guidance to $43 million. The company also secured a $20 million follow-on NASA contract for quantum gravity gradiometer development. Analysts responded positively, with BTIG reiterating a Buy rating, Citi raising its price target to $22, and B. Riley initiating coverage with a Buy rating and $23 target. Consequently, INFQ shares rose 3.22% to $13.26." datetime: "2026-09-08T13:23:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298328546.md) - [en](https://longbridge.com/en/news/298328546.md) - [zh-HK](https://longbridge.com/zh-HK/news/298328546.md) generator: "portal-rs" --- # Infleqtion Landed a $20 Million NASA Contract — Here's What Else Happened Recently **Infleqtion Inc.** (NYSE:INFQ) had an eventful past month that included second-quarter earnings, a new NASA contract and a series of analyst moves. - Infleqtion shares are powering higher. Why is INFQ stock up today? ## **Infleqtion Beats Q2 Estimates, Lifts 2026 Guidance** Infleqtion reported second-quarter results on August 12 after market close, later updating the figures on August 18. The company posted revenue of $13.538 million, beating the consensus estimate of $10.639 million by 27.24%, marking a 156.55% increase year-over-year. The company reported a loss of 11 cents per share, missing the consensus estimate of a 5-cent loss by 120%. Infleqtion raised its full-year 2026 revenue guidance from $40 million to $43 million, above the $41.83 million consensus estimate, and said it remains on track to reach 30 logical qubits this year. The company generated $13.2 million in cash from operations during the quarter and ended the period with $582 million in cash, cash equivalents, restricted cash and available-for-sale securities. ## **Wins $20M NASA Contract for Quantum Gravity Gradiometer** On Aug. 27, Infleqtion shares traded higher after the company announced it was awarded a $20 million follow-on contract to continue development of the Quantum Gravity Gradiometer Pathfinder from NASA. ## **Analyst Activity** Infleqtion drew a wave of analyst attention throughout the period. BTIG reiterated a Buy rating on August 17, and Citi raised its price target to $22 from $20 on August 20. On September 4, B. Riley Securities initiated coverage on Infleqtion with a Buy rating and a $23 price target. **Read Also: Stock Market Today: S&P 500, Dow, Nasdaq 100 Futures Fall as Oil Tops $99 Despite Trump’s Price Drop Prediction— ASML, NVS, CASY in Focus (UPDATED)** ## Infleqtion Shares Rise **INFQ Price Action:** At the time of publication, Infleqtion shares are trading 3.22% higher at $13.26, according to data from Benzinga Pro. *This illustration was generated using artificial intelligence via Midjourney.* ### Related Stocks - [INFQ.US](https://longbridge.com/en/quote/INFQ.US.md) - [INFH.US](https://longbridge.com/en/quote/INFH.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [RILY.US](https://longbridge.com/en/quote/RILY.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [ASML.US](https://longbridge.com/en/quote/ASML.US.md) - [NVS.US](https://longbridge.com/en/quote/NVS.US.md) - [CASY.US](https://longbridge.com/en/quote/CASY.US.md) - [INFQ+.US](https://longbridge.com/en/quote/INFQ+.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [RILYL.US](https://longbridge.com/en/quote/RILYL.US.md) - [RILYG.US](https://longbridge.com/en/quote/RILYG.US.md) - [RILYN.US](https://longbridge.com/en/quote/RILYN.US.md) - [RILYK.US](https://longbridge.com/en/quote/RILYK.US.md) - [RILYP.US](https://longbridge.com/en/quote/RILYP.US.md) - [RILYZ.US](https://longbridge.com/en/quote/RILYZ.US.md) - [RILYT.US](https://longbridge.com/en/quote/RILYT.US.md) - [NOT.DE](https://longbridge.com/en/quote/NOT.DE.md) ## Related News & Research - [Paragon Capital Management Ltd Buys New Stake in Infleqtion $INFQ](https://longbridge.com/en/news/298375508.md) - [This $13 Quantum Computing Leader Is Running Nvidia 'Playbook' to Build Its Next Big Business](https://longbridge.com/en/news/297657021.md) - [SEALSQ targets sovereign quantum vertical stack via SEALQuantum capital deployment across quantum, post-quantum technologies](https://longbridge.com/en/news/298320165.md) - [Infleqtion delays Q2 10-Q filing amid revenue recognition review](https://longbridge.com/en/news/296147882.md) - [Infleqtion lifts Q2 revenue to $13.5 million after government contract accounting adjustment](https://longbridge.com/en/news/296210680.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**