NSF Funds $100M Quantum Network as Infleqtion SPAC Nears Close and 500-Qubit Milestone Emerges

NSF launches a $100 million National Quantum and Nanotechnology Infrastructure program to fund up to 16 open-access sites over five years to give researchers and startups access to chip fabrication, testing, and training tools; Delta Gold Technologies signs a multi‑year, up‑to‑$2.99 million gold‑based quantum IP deal with Penn State; Xanadu Quantum Technologies releases a method to cut quantum‑chemistry resource needs by more than an order of magnitude; Oxford Quantum Circuits demonstrates wafer‑scale packaging for 500+ qubits with strong fidelity, signaling progress toward larger machines; Infleqtion’s SPAC merger with Churchill Capital X secures over $550 million in gross proceeds, setting Infleqtion up to list on the NYSE as INFQ.