Xanadu and Pasqal lift quantum

Xanadu landed CAD $195 million in Canadian backing and will use the funding to establish an advanced photonics facility, reinforcing Canada’s bid to anchor quantum hardware manufacturing domestically rather than remain primarily a research hub. The company’s focus on photonic quantum computing matters because the approach promises room-temperature operation and manufacturing paths that could eventually borrow from semiconductor and optical-networking supply chains. For Ottawa, the number is large enough to signal industrial policy, not just lab support. For the quantum sector, it highlights the growing race to secure fabrication capacity before commercially useful machines arrive.

Sources from the briefing

• Xanadu Secures CAD $195 Million and Establishes Landmark Advanced Photonics Facility - The Manila TimesThe Manila Times
• Xanadu secures $195-million from Ottawa for quantum computing in Canada - The Globe and MailThe Globe and Mail