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Infleqtion Rises 6% on a $20M NASA Quantum Gravity Award, IonQ Climbs 5%

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Infleqtion Rises 6% on a $20M NASA Quantum Gravity Award, IonQ Climbs 5%
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Infleqtion (NYSE:INFQ) jumped about 6% to $14.32 in early Thursday trading after NASA confirmed a $20 million follow-on contract. The funding backs continued work on a space-based quantum gravity sensor, tied to the Quantum Gravity Gradiometer Pathfinder program led by NASA’s Jet Propulsion Laboratory. The award also gives a named milestone first listed in February. Infleqtion’s move comes after a strong run, with the stock up 39% over the past month through Wednesday’s close. IonQ (NYSE:IONQ) gained about 5% to $42.15 in sympathy, while broader funds tracked more modest moves.

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