{"id":"e0b222a1-8b0f-4a0c-98b7-5ed134c8f652","name":"Xanadu Quantum Technologies","slug":"xanadu-quantum-technologies","description":"Xanadu Quantum Technologies is a Canadian [photonic quantum computing](https://en.wikipedia.org/wiki/Photonic_quantum_computing) company headquartered in Toronto, founded by [Christian Weedbrook](https://en.wikipedia.org/wiki/Xanadu_Quantum_Technologies) in 2016. The company builds fault-tolerant quantum computers using light, with systems designed to compute at room temperature, and develops both hardware (the Aurora modular photonic quantum computer) and software ([PennyLane](https://pennylane.ai), an open-source quantum computing platform). Xanadu became the first pure-play photonic quantum computing company to list on public markets via a business combination with Crane Harbor Acquisition Corp., trading on Nasdaq and TSX under ticker XNDU.","status":null,"founded":2016,"hq":"Toronto, Ontario, Canada","hqLat":null,"hqLng":null,"hqGeocodedAt":null,"hqAddress":null,"hqPrecision":null,"website":null,"fundingTotal":null,"type":"hardware","roles":["brain_provider"],"reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://en.wikipedia.org/wiki/Xanadu_Quantum_Technologies","name":"Wikipedia","title":"Xanadu Quantum Technologies - Wikipedia"},{"url":"https://investors.xanadu.ai/news-releases/news-release-details/xanadu-announces-fourth-quarter-and-full-year-2025-results","name":"Xanadu Investor Relations","title":"Xanadu Announces Fourth Quarter and Full Year 2025 Results"}],"keyFacts":[{"label":"CEO","value":"Christian Weedbrook (founder)"},{"label":"Technology","value":"Photonic quantum computing"},{"label":"Facility investment","value":"$10M photonic packaging facility (June 2025)"},{"label":"Goal","value":"Fault-tolerant quantum data center by 2029"},{"label":"TELUS partnership","value":"Quantum data centre infrastructure in Canada"},{"label":"FY2025 revenue","value":"$4.6M"},{"label":"Ticker","value":"Nasdaq/TSX: XNDU (IPO Mar 2026)"},{"label":"Flagship","value":"Borealis (216 qubits)"}],"aliases":[],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":"XNDU","stockExchange":"Nasdaq/TSX","secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-08-25T17:18:12.967Z","updatedAt":"2026-08-25T21:02:49.729Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/xanadu-quantum-technologies","url":"https://registry.deploy.report/companies/xanadu-quantum-technologies","name":"Xanadu Quantum Technologies","description":"Xanadu Quantum Technologies is a Canadian [photonic quantum computing](https://en.wikipedia.org/wiki/Photonic_quantum_computing) company headquartered in Toronto, founded by [Christian Weedbrook](https://en.wikipedia.org/wiki/Xanadu_Quantum_Technologies) in 2016. The company builds fault-tolerant quantum computers using light, with systems designed to compute at room temperature, and develops both hardware (the Aurora modular photonic quantum computer) and software ([PennyLane](https://pennylane.ai), an open-source quantum computing platform). Xanadu became the first pure-play photonic quantum computing company to list on public markets via a business combination with Crane Harbor Acquisition Corp., trading on Nasdaq and TSX under ticker XNDU.","identifier":"e0b222a1-8b0f-4a0c-98b7-5ed134c8f652","foundingDate":"2016","address":"Toronto, Ontario, Canada","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":2,"primary_source_types":["knowledge-base","primary-company-ir"]}}}