Company research
Xanadu Quantum Technologies Ltd
CIK 2097163Updated Oct 20, 2026
XNDU price & chart
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TSX:XNDU on TradingView ↗About the company
Founded in 2016, Xanadu is a Canadian photonic quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Xanadu is building fault-tolerant quantum computers using light, with systems designed to compute at room temperature. Xanadu develops both hardware and software, including PennyLane, its open-source quantum computing platform. Xanadu is the first pure-play photonic quantum computing company to list on public markets (Nasdaq/TSX: XNDU) and is recognized globally for its breakthroughs in scalable quantum technologies. Visit xanadu.ai or follow on X @XanaduAI.
In the news
Xanadu and GlobalFoundries Announce Strategic Partnership to Accelerate Utility-Scale Quantum Manufacturing ↗
Xanadu and GlobalFoundries Announce Strategic Partnership to Accelerate Utility-Scale Quantum Manufacturing ↗
Automatic Securities Disposition Plan Adopted by Xanadu Chief Operating Officer ↗
Financials
FY 2025 · USDSource
balance sheet · annual statements
| Line item | FY 2025 |
|---|---|
| ASSETS | |
| AssetsUSD | 1,806,000Source |
| Current assets: | |
| Assets, CurrentUSD | 1,806,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,806,000Source |
| LIABILITIES AND EQUITY | |
| LiabilitiesUSD | 1,818,000Source |
| Stockholders’ equity: | |
| Retained Earnings (Accumulated Deficit)USD | -12,000Source |
| Stockholders' Equity Attributable to ParentUSD | -12,000Source |
| Liabilities and EquityUSD | 1,806,000Source |
| Current liabilities: | |
| Liabilities, CurrentUSD | 1,818,000Source |
Offerings
Registration 333-296148
Registration 333-295256
Registration 333-292991
Registration 333-292991-01
Filing attachments
ea030896901ex99-1.htm · 6-K · 2026-10-19
Exhibit 99.1 Xanadu Secures Up to USD $10 Million in Additional DARPA Support to Accelerate Quantum R&D Roadmap Continued DARPA investment reinforces Xanadu’s progress toward fault-tolerant, utility-scale photonic quantum computing TORONTO, ON | October 19, 2026 /GLOBE NEWSWIRE/ - Xanadu Quantum Technologies Limited (“Xanadu”; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced that it has received provisional approval for project funding worth up to USD $10 milli…
Read attachment ↗ea030272601ex99-1.htm · 6-K · 2026-08-28
Exhibit 99.1 Government of Canada Invests CAD $195 Million in Xanadu to Build the Quantum Supply Chain 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, ON | 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 agr…
Read attachment ↗ea030272601ex99-2.htm · 6-K · 2026-08-28
Exhibit 99.2 Xanadu Secures CAD $195 Million and Establishes Landmark Advanced Photonics Facility TORONTO, ON | Aug 28, 2026 /GLOBE NEWSWIRE/ - Xanadu Quantum Technologies Limited (“Xanadu”; NASDAQ/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 faci…
Read attachment ↗ea029174801ex99-2.htm · S-8 · 2026-05-26
Exhibit 99.2 XANADU QUANTUM TECHNOLOGIES INC. 2017 EQUITY INCENTIVE PLAN October 30, 2017 XANADU QUANTUM TECHNOLOGIES INC. (the “Company”) 2017 EQUITY INCENTIVE PLAN Article 1 PURPOSE 1.1 Purpose of this Plan The purpose of this Plan is to assist the Company in attracting, retaining and motivating key employees, officers, directors and consultants of the Company or of a Related Entity who will contribute to the Company’s long-term success by providing them incentives that align th…
Read attachment ↗ea029179101ex99-1.htm · 6-K · 2026-05-21
Exhibit 99.1 Xanadu Announces $300 Million Synthetic At-The-Market Program Toronto, ON | May 21st, 2026 /CNW/ -- Xanadu Quantum Technologies Limited (“Xanadu” or the “Company”; Nasdaq/TSX: XNDU), a leading photonic quantum computing company, today announced that it has entered into a synthetic at-the-market equity facility for up to $300 million (the “Program”) with YA II PN, Ltd. (“Yorkville Advisors”). The Company intends to use the net proceeds, if any, for working capital and general corpo…
Read attachment ↗ea028571201ex99-1.htm · 6-K · 2026-04-09
Exhibit 99.1 Xanadu Announces Fourth Quarter and Full Year 2025 Results Following its Public Listing in the First Quarter of 2026, Xanadu Entered 2026 with Strengthened Capital Resources to Execute Against a Multi-Year Technology Roadmap Spanning Fault Tolerance, Manufacturing Scale-Up, and Commercial Adoption Introduced Aurora, the World’s First Modular, Networked Photonic Quantum Computer With Real-Time Error Correction 1 Advanced to Stage B of DARPA’s Quantum Benchmarking Initiative (“QBI…
Read attachment ↗