Industry

Capitalizing on the Cosmos and Quantum: Financing the Frontier of Deep Tech

Space and quantum are moving from research budgets to balance sheets. What does it take to finance and scale businesses at the edge of what is physically possible?

There is a photograph from December 24, 1968, called Earthrise. Shot from lunar orbit on Apollo 8, the Earth, blue and impossibly small, floats above the gray horizon of the moon. When the world saw it, something shifted. Not just in science. In business. In art. In the human understanding of what was actually possible.

We are in one of those moments again.

This time, you do not need a government agency or a Cold War arms race. You need a rocket company, a capital structure, and a CFO who knows how to manage both. And alongside the frontier you can see from orbit, there is one you cannot photograph or explain without a physics degree. Not galaxies. Atoms. Quantum computing is not a faster version of the computers we have. It is a fundamentally different way of processing reality, one that makes problems currently considered unsolvable answerable.

Space and quantum: two industries that lived inside government programs and science fiction until very recently. They no longer live there. They live on the Nasdaq, in defense contracts, in enterprise agreements, and in eight-billion-dollar acquisitions announced on an ordinary Tuesday morning.

Adam Spice is CFO of Rocket Lab, the company that does not simply launch satellites: it designs, builds, and operates them. In June, Rocket Lab announced the acquisition of Iridium Communications in an $8 billion deal that makes it one of the most vertically integrated space companies on earth. Neutron, the company's next-generation rocket, is targeting its commercial debut before the end of this year, with five launch contracts already signed.

Nitesh Sharan joined Quantinuum as CFO in April. Sixty days later, the company completed a $1.68 billion public offering on the Nasdaq, the quantum industry's defining public-market moment. He was at the center of it.

Moderating is Ken Denman: Managing Director of Sway Ventures, Lead Independent Director of Motorola Solutions, board member of Costco Wholesale, and Chairman of Quantinuum. He does not come to this conversation as a neutral observer. He comes with direct accountability for what it takes to build and govern companies at the exact frontier this session is about.

This is not a session about the future. These are the people building it.

Day 2

35 mins