XNDU

Morgan Stanley initiated coverage of Xanadu Quantum Technologies Inc. with a rating of Equal-Weight and set a new price target of $3.75

TORONTO, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, today announced a strategic multi-year partnership with GlobalFoundries (GF), a leading semiconductor manufacturer, to address the high-volume production required for utility-scale quantum computing. This partnership combines Xanadu’s existing expertise in ultra-low loss photonic design and process development with GF’s industry-leading photonics manufacturing prowess to accelerate the development and manufacturing of advanced photonic components, including ultra-low loss silicon nitride (SiN) photonics and Superconducting Nanowire Single-P

TORONTO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (("Xanadu", TSX:XNDU), a leading photonic quantum computing company, today announced that Rafal Janik, Xanadu's Chief Operating Officer, has entered into an automatic securities disposition plan (the "Plan") to sell Class B Subordinate Voting Shares of Xanadu ("Class B Shares") held directly by Mr. Janik. The Plan has been adopted in accordance with applicable securities laws and Xanadu’s internal policies. Sales of Class B Shares under the Plan are eligible to commence on or after December 29, 2026. The Plan was entered into when Mr. Janik was not in possession of material non-public information regarding Xan

RBC Capital Mkts initiated coverage of Xanadu Quantum Technologies Inc. with a rating of Outperform and set a new price target of $16.00

TORONTO, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (("Xanadu", TSX:XNDU), a leading photonic quantum computing company, and Bluefors, the industry-leader in cryogenic solutions, announced today a strategic partnership to develop a novel, high-performance cryogenic prototype for utility-scale quantum computing (USQC). This work aims to realize a shared vision of scalable modular cryogenic infrastructure for USQC. This partnership represents a key milestone for Xanadu and Bluefors’ joint development efforts. The USD $ multi-million collaboration will leverage Bluefors’ cutting-edge cryogenic solutions and aims to establish a foundational blueprint not only for X

SCHEDULE 13G - Xanadu Quantum Technologies Ltd (0002097163) (Subject)

SCHEDULE 13G/A - Xanadu Quantum Technologies Ltd (0002097163) (Subject)

TORONTO, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, today announced the addition of a strategic leader to its executive team: Tara Deakin as Chief People Officer. This appointment strengthens Xanadu’s leadership as it continues to scale and advance its mission to build quantum computers that are useful and available to people everywhere. As part of this planned transition, current Chief People Officer Rebecca Laramée will continue with the company as Senior Vice President of Human Resources, where she will partner with Deakin to lead Xanadu's high-growth workforce initiatives. "Tara is an

TORONTO, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, in collaboration with AMD today announced the release of Backline, an open-platform solution, co-designed by Xanadu and AMD, for rapid communications between quantum and classical computing hardware. Backline is built using Xanadu’s open-source PennyLane software platform to solve one of quantum technology’s most pressing challenges: how to establish ultra-low-latency communication between classical processors and quantum hardware. Today, quantum devices cannot operate in isolation. To operate effectively, quantum computers are expected t

TORONTO, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, and ASML, a leading supplier to the semiconductor industry, today announced a collaboration to develop advanced lithography processes for Xanadu’s photonic quantum hardware. This collaboration aims to enable both companies to gain deeper insight into how advanced lithography innovations can help reduce optical losses in quantum computing chips, accelerating the industry's path toward utility-scale quantum computing (USQC). Quantum hardware needs to be fault-tolerant and error-corrected to address large-scale computational problems. For ph

TORONTO, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu" or the "Company") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, will host its Technology Roadmap Presentation today at 1:00 p.m. ET, featuring presentations from members of its executive and technical leadership team on the Company’s technology roadmap and path to commercial utility-scale quantum computing. A live webcast and accompanying presentation materials will be available through the Company’s investor relations website at investors.xanadu.ai, with a replay available following the event. In connection with the event, Xanadu is providing an expanded, milestone driven t

424B3 - Xanadu Quantum Technologies Ltd (0002097163) (Filer)

424B3 - Xanadu Quantum Technologies Ltd (0002097163) (Filer)

6-K - Xanadu Quantum Technologies Ltd (0002097163) (Filer)

Federal commitment through the Strategic Response Fund for Project OPTIMISM anchors Xanadu's plan to manufacture the components of fault-tolerant utility-scale quantum computers in Canada. TORONTO, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (("Xanadu", TSX:XNDU), a leading photonic quantum computing company, today announced it has signed a definitive agreement with the Government of Canada for CAD $195 million support through the Strategic Response Fund, administered by Innovation, Science and Economic Development Canada. The funding, which represents the largest investment in quantum manufacturing in Canadian history, is expected to help enable Xanadu to establ

TORONTO, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, announced today that it will establish a landmark advanced photonics research, development, and manufacturing facility as part of Project OPTIMISM, supported by CAD $195 million in federal government funding also announced today. The new facility, named "Inception," is expected to feature world-class technology to enable scalable production of the components that will power future quantum data centres. We believe this work will revolutionize quantum infrastructure and strengthen Canada's position as a global leader in the field. The suppor

TORONTO, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, has announced the next phase of its collaboration with Mitsubishi Chemical, a major Japanese chemical manufacturer, to advance semiconductor fabrication technologies using quantum computing algorithms. This next phase is supported by national innovation programs from both the Canadian and Japanese governments, aiming to scale Xanadu and Mitsubishi’s previous work in simulating a vital process in next-generation semiconductor fabrication: extreme ultraviolet (EUV) lithography. Bringing together both Canadian and Japanese expertise in quantum

TORONTO, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ((", Xanadu", , TSX:XNDU), a leading photonic quantum computing company, has announced the next phase of its collaboration with Mitsubishi Chemical, a major Japanese chemical manufacturer, to advance semiconductor fabrication technologies using quantum computing algorithms. This next phase is supported by national innovation programs from both the Canadian and Japanese governments, aiming to scale Xanadu and Mitsubishi’s previous work in simulating a vital process in next-generation semiconductor fabrication: extreme ultraviolet (EUV) lithography. Bringing together both Canadian and Japanese expertise in quantum

TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced that the company will host a Technological Roadmap Presentation on August 31, 2026 at 1:00 p.m. ET. The live presentation and replay will be available via webcast here or on the company's website here.   The event will provide investors and analysts with detailed insights into the company's technological roadmap and feature presentations from Xanadu's executive and technical leadership team addressing the company's path to large-scale fault tolerance. About Xanadu Founded in 2016, Xanadu is a Canadian photonic q

424B3 - Xanadu Quantum Technologies Ltd (0002097163) (Filer)

424B3 - Xanadu Quantum Technologies Ltd (0002097163) (Filer)

TORONTO, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (("Xanadu", TSX:XNDU), a leading photonic quantum computing company, and the University of Alberta, have announced a strategic research partnership to pioneer novel quantum algorithms for cancer treatment. This partnership, led by the Xanadu algorithms team and Professor Alex Brown from the University of Alberta, aims to develop a quantum computing framework that can accelerate the design of next-generation photosensitizers used in photodynamic therapy, a powerful, non-invasive therapeutic cancer treatment. Photodynamic cancer therapy uses light-activated compounds, called photosensitizers, to selectively destr

6-K - Xanadu Quantum Technologies Ltd (0002097163) (Filer)

TORONTO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu" or the "Company") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced financial results for the second quarter ended June 30, 2026. "Every decision at Xanadu comes back to one mission: building quantum computers that are useful and available to people everywhere," said Dr. Christian Weedbrook, Founder and Chief Executive Officer of Xanadu. "This quarter, we made real progress on that mission. We set new performance records across some of our core photonic components, and we're pairing that hardware progress with software breakthroughs that we believe make quantum al

CIBC initiated coverage of Xanadu Quantum Technologies Inc. with a rating of Sector Outperform and set a new price target of $22.00