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Xanadu's $195 million federal grant underscores Canada's strategic push to retain its quantum computing talent and infrastructure amidst aggressive U.S. courtship efforts. This funding is critical for scaling photonics-based quantum hardware domestically, directly addressing the risk of relocating assets to jurisdictions with more aggressive incentives like Illinois or Maryland.

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

GDELTAugust 28, 20266 min read

Christian Weedbrook, CEO of Xanadu, by Aurora, a prototype quantum computer at the company’s Toronto office in September, 2025.Fred Lum/The Globe and Mail Christian Weedbrook, CEO of Xanadu, by Aurora, a prototype quantum computer at the company’s Toronto office in September, 2025.Fred Lum/The Globe and Mail Xanadu Quantum Technologies Ltd. XNDU-T has secured $195-million in federal funding to support the building of an advanced photonics research, development and manufacturing facility in Toronto. The Toronto-based quantum computer developer, which went public in March, is also negotiating for up to an equal amount of funding from the Ontario government. The project, located in a 158,000-square-foot facility on the site of a former Campbell’s soup plant in Etobicoke, is expected to cost $893-million. While…

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