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Canada Loans Quantum Startup Xanadu $140 Million for Manufacturing Plant

The Canadian government has approved a loan package worth up to $195 million to quantum computing startup Xanadu. The funding will support the construction of a new domestic manufacturing facility for quantum computer components.

28 Aug, 17:58 — 28 Aug, 17:58
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Showing 1 of 4 sources
globe-and-mailHigh15h ago

Xanadu secures $195-million from Ottawa for quantum computing in Canada

Advanced photonics research, development and manufacturing facility will be built in Toronto, but rival warns much more support needed to keep domestic leaders from moving to U.S.

By Sean Silcoff

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Coverage Timeline

First report: channel-news-asia · 28 Aug, 17:05Full coverage: 4 · 1hWindow: 1h
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channel-news-asia28 Aug, 17:05First to report

Canada to loan quantum startup Xanadu $140 million to build manufacturing plant

Reuters28 Aug, 17:41

Canada to loan quantum startup Xanadu $140 million to build manufacturing plant - Reuters

globe-and-mail28 Aug, 17:58

Xanadu secures $195-million from Ottawa for quantum computing in Canada

investing-com28 Aug, 18:16Latest update

Xanadu secures C$195M from Canada for quantum manufacturing

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