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Infleqtion (NYSE:INFQ) stock is climbing 6% to $14.32 in early Thursday trading after the quantum-technology company confirmed a $20 million follow-on contract from NASA.

LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today announced NASA has awarded the company a $20 million follow-on contract to continue development of the Quantum Gravity Gradiometer Pathfinder (QGGPf), a mission led by NASA's Jet Propulsion Laboratory (JPL) that is designed to fly the world's first space-based quantum gravity sensor. The award brings NASA's investment in the program to $.

The consensus price target hints at a 54.2% upside potential for Infleqtion, Inc. (INFQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Many stocks are sliding today, but one segment is falling faster than most. Invesco QQQ Trust (NASDAQ:QQQ) is down 0.7% to $708.26 in Monday afternoon trading, a soft but unremarkable session for the NASDAQ 100.

LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, has helped Japan reach a major quantum milestone, supporting a research team led by Professor Kenji Ohmori at the Institute for Molecular Science (IMS), part of the National Institutes of Natural Sciences, in launching the country's first operational neutral-atom full-stack quantum computer. Infleqtion was also the only foreign quantum partner.

Friday's tape in quantum computing reveals how to own the theme.

LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, announced plans to conduct a field test of its quantum gravity gradiometry (QGG) technology in Colorado in 2027, which is expected to demonstrate a new approach to understanding what lies beneath the surface and help strengthen America's critical-minerals supply chain. The announcement was made during the grand opening of the Colorado Quantum.