Latest Xanadu News & Updates

See the latest news and media coverage for Xanadu. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Xanadu (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

Latest news about Xanadu (Xanadu)

In short: Xanadu went public on the Nasdaq and TSX via a SPAC merger, achieving a valuation of $16 billion and securing major manufacturing partnerships.

Company announcements

  • Xanadu

    Xanadu partners with EV Group

    They develop heterogeneous integration and wafer bonding for scalable photonic quantum computers using industrial tools. This accelerates manufacturing from lab to high-volume production.

  • Xanadu

    Xanadu collaborates with Oak Ridge National Laboratory on quantum programming

    They enable PennyLane on Frontier supercomputer for large-scale quantum simulations, integrating MPI and hosting a workshop. This advances quantum research.

  • Xanadu

    Xanadu wins 2026 Canadian Business Innovation Award

    They are recognized in the Technology category for unveiling Aurora and scaling PennyLane ecosystem.

  • Xanadu

    Xanadu celebrates going public on Toronto Stock Exchange

    Founder Christian Weedbrook discusses building Xanadu in Canada.

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Media coverage

  • Morningstar

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

    Throughout this partnership, Xanadu and EVG expect to utilize EVG's industrial manufacturing tools to fabricate the specialized chips used in Xanadu's photonic quantum computers, with...

  • The Globe and Mail

    Xanadu stock crashes by more than 50% as company registers shares for sale

    For the vast majority of Xanadu Quantum Technologies Ltd. XNDU-T shareholders, watching the share price has been a daily, gut-wrenching experience they can't do anything...

  • Yahoo Finance

    Xanadu to Report First Quarter 2026 Financial Results on May 14th, 2026

    Xanadu Quantum Technologies Ltd. ("Xanadu") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that the company will release its financial results...

  • Newswire.ca

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

    CNW/ - Xanadu Quantum Technologies Ltd. ("Xanadu") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, and the U.S. Department...

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