Canada invests CAD $195M in Xanadu for quantum manufacturing
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Government of Canada Invests CAD $195 Million in Xanadu to Build the Quantum Supply Chain
August 28, 2026 2:04 PM EDTFederal 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; NASDAQ/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... More
