Xanadu Quantum Technologies Ltd (XNDU) Form 6-K — Oct 19, 2026
Xanadu Quantum Technologies (NASDAQ/TSX: XNDU) announced on October 19, 2026 that it received provisional approval for project funding worth up to USD $10 million under DARPA's Quantum Benchmarking Initiative (QBI). The award is a one-year contract extension that builds on Xanadu's successful completion of Stage B evaluations. The majority of the funding will be allocated to accelerate critical components of the company's photonic quantum computing R&D roadmap, including its Aurora system.
Key figures
- Darpa funding usd
- 10000000
- Contract term months
- 12
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