Latest Xanadu News & Updates

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Xanadu

Photonic quantum computing hardware and software company

xanadu.ai

Headquarters: Toronto, Canada
Founded year: 2016
Company type: Private company
Number of employees: 50–350

Last updated Today

Latest news about Xanadu

In short: Xanadu went public on the Nasdaq and TSX, achieved a $16 billion valuation following Nvidia's investment, and reported fourfold revenue growth.

Company announcements

June 10 Xanadu

Xanadu sets new industry benchmark in photonic chip packaging

Achieved 0.085 dB/facet edge-coupling loss, marking a significant leap for photonic quantum computing.

May 21 Xanadu

Xanadu lowers quantum application costs with QROM breakthrough

The new QROM implementation halves the number of expensive Toffoli gates, reducing hardware bottlenecks for near-term quantum computers.

May 21 Xanadu

Xanadu announces $300 million synthetic at-the-market program

The equity facility with Yorkville Advisors provides flexible capital for working capital and corporate purposes.

May 14 Xanadu

Xanadu announces first quarter 2026 results

The company reported revenue of $2.8 million, a 4x increase year-over-year, and a net loss of $20.6 million.

Media coverage

June 19 Yahoo Finance

Xanadu Quantum Technologies Limited (XNDU) Declares New Industry Benchmarks in Photonic Chip Packaging

Xanadu Quantum Technologies Limited (NASDAQ:XNDU) is among the Best Photonics Stocks. On June 10, Xanadu Quantum Technologies Limited (Nasdaq:XNDU) announced an industry benchmark in photonic...

June 16 Yahoo Finance

Xanadu (XNDU) Soars 18%, Investor Funds Pour Into High-Growth Stocks

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) is one of the 10 Stocks Stealing the Spotlight from Wall Street Giants. Xanadu Quantum saw its share prices increase...

June 12 Seeking Alpha

Xanadu Quantum Technologies: An Intriguing Quantum Firm - With A Big Tax Risk

XNDU remains more R&D-oriented than other quantum firms, claiming to have tremendous combinations of speed and accuracy. Read more on XNDU stock here.

June 10 The Wall Street Journal

Xanadu Quantum Technologies Ltd.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the...

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