Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares

Xanadu Secures Up to USD $10 Million in Additional DARPA Support to Accelerate Quantum R&D Roadmap

Xanadu received provisional approval for up to USD $10 million in additional DARPA support under the Quantum Benchmarking Initiative, structured as a one-year contract extension building on its Stage B work. The company plans to allocate the majority of the funding to accelerate critical components of its photonic quantum computing R&D roadmap while providing regular progress reports to DARPA. Successful completion of Stage B evaluations keeps Xanadu on a path toward formal verification and validation in the QBI program; the release also cautions the company may never receive the entire $10 million.

•21d ago

Xanadu and GlobalFoundries Announce Strategic Partnership to Accelerate Utility-Scale Quantum Manufacturing

Xanadu (NASDAQ/TSX: XNDU) announced a strategic multi-year partnership with GlobalFoundries to industrialize production of its photonic quantum computing components, including SNSPDs and ultra-low-loss SiN photonics, on GF's 300 mm line in Malta, New York. The partnership shifts Xanadu from lab-scale prototyping to industrial-grade manufacturing, with output expected to serve as the foundation for upcoming fault-tolerant demonstrators and future quantum data centers. No financial terms were disclosed; the deal is a strategic execution milestone for a pre-commercial quantum pure-play rather than a near-term revenue event.

•1mo ago

Xanadu and Bluefors Partner to Redefine Cryogenic Infrastructure for Utility-Scale Quantum Computing

Xanadu and Bluefors announced a USD multi-million strategic partnership to develop a compact, high-performance cryogenic prototype for utility-scale quantum computing. The collaboration aims to replace traditional industrial-scale cryoplants with modular cryogenic infrastructure, intended to serve as the blueprint for Xanadu's planned USQC data center and future quantum data centers. The work targets cooling near 2 Kelvin for superconducting nanowire single-photon detectors, with plans for a mass-manufacturable cryogenic module for data center environments.

•1mo ago

Xanadu and AMD launch Backline to streamline CPU, GPU, FPGA integration for quantum technology 

Xanadu and AMD launched Backline, an open-platform solution for ultra-low-latency communication between quantum processors and classical computing hardware such as CPUs, GPUs, and FPGAs. Built on Xanadu's open-source PennyLane platform, Backline claims end-to-end classical-quantum loop times under 3 microseconds and runs on standard AMD EPYC and Threadripper CPUs without specialized enterprise servers, explicitly targeting vendor lock-in. Backline is available today as an open-source feature suite within PennyLane; the AMD co-design strengthens Xanadu's full-stack credibility, though no financial terms were disclosed.

•1mo ago

Xanadu and ASML Announce Collaboration to Advance Lithography for Photonic Quantum Hardware

Xanadu Quantum Technologies (NASDAQ/TSX: XNDU) and ASML announced a collaboration to develop advanced lithography processes for Xanadu's photonic quantum hardware, targeting reduced optical losses in quantum computing chips on the path to utility-scale quantum computing. The technical rationale centers on line edge roughness, a lithography-driven factor that influences optical loss -- the key barrier to fault-tolerant, error-corrected photonic quantum processors. No financial terms were disclosed and the scope is exploratory, but pairing with the semiconductor industry's leading lithography supplier is notable validation for the first pure-play photonic quantum company on public markets.

•2mo ago

Xanadu Charts Path to Over 1,000 Logical Qubits by 2031

Xanadu released a technology roadmap targeting over 1,000 logical qubits by 2031, with a fault-tolerance milestone set for 2028-2029. The company confirmed it is well-capitalized with $686 million in total available funding, including $312.8 million in cash and government funding for Project OPTIMISM. On the software side, the PennyLane platform now holds a 30.8% developer usage share with 1.1 million monthly installs, positioning Xanadu as an ecosystem leader.

•2mo ago

Government of Canada Invests CAD $195 Million in Xanadu to Build the Quantum Supply Chain

Xanadu signed a definitive agreement with the Government of Canada to receive CAD $195 million in support through the Strategic Response Fund. This funding represents the largest investment in quantum manufacturing in Canadian history and is earmarked for establishing advanced manufacturing facilities needed to build fault-tolerant utility-scale photonic quantum computers. The agreement formalizes the federal portion of the potential CAD $390 million total funding for Project OPTIMISM, securing a vertically integrated path from chip to system for the company.

•2mo ago

Xanadu Secures CAD $195 Million and Establishes Landmark Advanced Photonics Facility

Xanadu announced the establishment of "Inception," a 158,000-square-foot advanced photonics facility in Toronto, supported by CAD $195 million in federal government funding under Project OPTIMISM. The new facility will focus on the manufacturing, packaging, and assembly of quantum computing components, integrating specialized tooling from partners including ASMPT and Bluefors. CEO Dr. Christian Weedbrook highlighted the project as a defining strategic milestone to scale photonic hardware and enable the transition to commercial-scale quantum data centres.

•2mo ago

UPDATE -- Canada-Japan Support Advances Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research

Xanadu and Mitsubishi Chemical are advancing their partnership to apply quantum computing algorithms to semiconductor fabrication, specifically targeting extreme ultraviolet (EUV) lithography processes. Supported by Canadian and Japanese national innovation programs, the next phase aims to build a fault-tolerant quantum computing software pipeline that integrates quantum simulations into industrial multi-scale models. This initiative builds on previous work supported by over $800,000 in funding from NRC IRAP, aiming to resolve radiation-induced blurring issues in chip manufacturing.

•2mo ago

Canada-Japan Funding Fuels Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research

Xanadu and Mitsubishi Chemical are advancing their collaboration into a second phase focused on developing a quantum computing workflow for extreme ultraviolet (EUV) lithography to address radiation-induced blurring in semiconductor manufacturing. Supported by Canada's NRC IRAP and Japan's Strategic Innovation Promotion Program (SIP), the project aims to create a fault-tolerant quantum computing-ready software pipeline for industrial use. The partnership builds on earlier success modeling photoresist optical properties, leveraging Xanadu's quantum algorithms to identify materials that improve next-generation chip fabrication.

•2mo ago

Xanadu and University of Alberta Partner to Accelerate Pharmaceutical Discoveries with Quantum Computing

Xanadu partnered with the University of Alberta to develop quantum algorithms aimed at accelerating the discovery of cancer treatments. The collaboration will focus on simulating light-matter interactions in photosensitizers to improve photodynamic therapy, addressing limitations in classical computational methods. This effort leverages Xanadu's photonic quantum computing hardware and PennyLane software to strengthen its drug design workflow.

•2mo ago

Xanadu and Lockheed Martin Expand Quantum Talent Pipeline

Lockheed Martin and Xanadu expanded their strategic collaboration to scale quantum training through Lockheed Martin's Quantum Talent Pipeline program. Lockheed Martin engineers will now utilize Xanadu's PennyLane quantum programming stack and educational resources to develop practical skills applicable to aerospace and defense. The partnership includes dedicated workshops and access to quantum simulators, aiming to bridge the gap between domain expertise and quantum technology application.

•3mo ago

Xanadu Accelerates U.S. Growth with New York State Office

Xanadu announced a significant expansion of its U.S. operations, anchored by a new office in Albany, New York, and a distributed presence across 19 states. The company’s U.S.-based workforce has grown more than five-fold since 2023, with further significant increases expected by year-end. This expansion leverages strategic partnerships with semiconductor and photonics leaders like Corning, Applied Materials, DISCO, and EV Group to accelerate R&D and manufacturing.

•4mo ago

Xanadu sets new industry benchmark in photonic chip packaging

Xanadu achieved an average edge-coupling loss of 0.085 dB/facet for its photonic chips, setting a new industry benchmark for ultra-low loss packaging. This milestone is critical for the feasibility of fault-tolerant photonic quantum computers and demonstrates the effectiveness of Xanadu's internal packaging facility launched last year. The result was enabled by collaborations with Corning Inc for customized fibre solutions and DISCO for wafer singulation, reinforcing the company's integrated hardware development approach.

•4mo ago

Xanadu breakthrough lowers the cost of quantum applications

Xanadu announced an algorithmic breakthrough in Quantum Read-Only Memory (QROM) that reduces the number of expensive Toffoli gates by approximately 50%. This optimization replaces traditional qubit swapping with a copying mechanism and streamlines data unloading, effectively halving the resource cost for loading classical data onto quantum computers. The advancement addresses a major hardware bottleneck that has seen no significant improvement in seven years, accelerating the timeline for practical, utility-scale fault-tolerant quantum computing.

•5mo ago

Xanadu and EV Group partner to build industrial-scale photonic quantum hardware

Xanadu announced a strategic partnership with EV Group to develop industrial-scale manufacturing processes for its photonic quantum computers. The collaboration leverages EVG's wafer bonding and lithography tools to accelerate the transition from lab-based chips to high-volume production. This step supports Xanadu's goal of building a scalable quantum data center using heterogeneous integration of materials like silicon and lithium niobate.

•6mo ago

Xanadu and Oak Ridge National Laboratory push the boundaries of large-scale quantum programming on the Frontier supercomputer

Xanadu collaborated with Oak Ridge National Laboratory to integrate its PennyLane quantum software library with the Frontier supercomputer. The deployment utilizes the Lightning simulator and Message Passing Interface (MPI) to leverage Frontier's exascale AMD-powered hardware for large-scale quantum simulations. Xanadu also conducted a workshop for the OLCF community to train researchers on using PennyLane to advance quantum application development.

•6mo ago