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← Back to News  ·  1 outlet · Story cluster #93507

Xanadu Secures CAD $195 Million and Establishes Landmark Advanced Photonics Facility

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🤖 D.R.A.F.T. Summary
TORONTO, 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.
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