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This $195 million federal investment in Xanadu marks a critical step in transitioning Canadian quantum research from foundational science to industrial-scale commercialization. The funding aims to secure domestic supply chains, retain specialized expertise, and position Canada as a global leader in the maturing quantum technology sector.

Sources coveringQuantum Zeitgeist, Quantum Computing Report, Inside Quantum Technology, livenews.co.nz

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Quantum Industry Canada welcomes federal funding for Xanadu

Quantum ZeitgeistAugust 30, 20262 min read

Quantum Industry Canada welcomes the $195M federal investment in Xanadu, boosting Canada’s position in quantum technologies and supporting growth in this key sector.

The federal government committed $195 million to Xanadu Quantum Technologies during an announcement in Toronto Friday, an investment intended to position Canada as a leader in quantum technologies. Quantum Industry Canada applauds the funding,…

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