• $163.4M
    Market Cap
  • N/A
    1-Year Change
  • Software - Infrastructure
    Industry

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Latest Research & News

Why Quantum Computing Stock Xanadu Quantum Technologies Plummeted 56.2% in September

Xanadu Quantum Technologies stock fell 56.2% in September 2026, primarily due to the expiration of a post-merger lockup period on September 22 that allowed early investors and insiders to sell shares. Despite the decline, the company announced positive developments including collaborations with ASML and AMD, and received an outperform rating from RBC Capital with a $16 price target.

10/04/2026, 2:15 PM • The Motley Fool

Automatic Securities Disposition Plan Adopted by Xanadu Chief Operating Officer

Xanadu Quantum Technologies announced that Chief Operating Officer Rafal Janik has entered into an automatic securities disposition plan to sell up to 312,914 Class B Shares. The plan, established in compliance with securities laws, permits sales to commence on or after December 29, 2026, and will terminate by December 31, 2027. Sales will be executed by an independent securities broker according to pre-arranged instructions.

09/30/2026, 5:40 PM • GlobeNewswire

UPDATE -- Canada-Japan Support Advances Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research

Xanadu Quantum Technologies and Mitsubishi Chemical have announced the second phase of their collaboration to advance quantum computing applications in semiconductor fabrication, specifically for extreme ultraviolet (EUV) lithography. The partnership, supported by Canada's National Research Council Industrial Research Assistance Program (NRC IRAP) and Japan's Strategic Innovation Promotion Program (SIP), aims to develop a fault-tolerant quantum computing-ready software pipeline to identify materials that prevent radiation-induced blurring in chip manufacturing.

08/27/2026, 1:44 PM • GlobeNewswire

Quantum Photonics Market Size to Surpass USD 14.12 Billion by 2035 | Research by SNS Insider

The global Quantum Photonics Market was valued at USD 0.77 Billion in 2025 and is projected to reach USD 14.12 Billion by 2035, growing at a CAGR of 33.79%. Growth is driven by quantum computing commercialization, secure photonic communication technologies, and increasing adoption across government, defense, telecom, and healthcare sectors. Silicon photonics currently leads with 41.99% market share, while thin-film lithium niobate is expected to grow fastest at 40.14% CAGR.

07/20/2026, 7:48 AM • GlobeNewswire

Xanadu Quantum vs. IonQ: The Better Quantum Computing Stock Buy for 2026

The article compares two quantum computing companies: Xanadu Quantum Technologies, a newly public photonic quantum computing company, and IonQ, which uses ion-based technology. While both show strong revenue growth, IonQ is recommended as the better investment due to significantly higher sales ($64.7M vs $2.8M in Q1), larger cash reserves ($3.1B vs $272.5M), and a more attractive valuation (P/S ratio of 98 vs 700). IonQ's technology has gained more market traction and it has assembled a comprehensive technology stack positioning it for sustained growth.

06/18/2026, 12:15 PM • The Motley Fool

Quantinuum Stock Opens Above IPO Price, Then Fades

Quantinuum (QNT) debuted on NASDAQ with a 13% pop above its $60 IPO price, opening at $68, but quickly faded to around $62 as sellers stepped in. The quantum computing company raised $1.68 billion from the IPO with 20x oversubscription. However, with 2025 revenue of only $30.9 million against a $192.6 million net loss, the stock's decline from intraday highs reflects investor concerns about the company's burn rate. The IPO sparked a sector rotation, with most quantum computing peers declining.

06/04/2026, 4:06 PM • Benzinga

The Pure Plays: 5 Companies Building Quantum From the Ground Up

The article profiles five pure-play quantum computing companies pursuing different hardware approaches: IonQ (trapped-ion systems), D-Wave (annealing and gate-model systems), Rigetti (modular superconducting chiplets), Xanadu (photonic quantum computing), and Infleqtion (neutral-atom systems). Each company has demonstrated significant technical milestones in 2025-2026, including record gate fidelities, distributed quantum networking, and commercial deployments. The article emphasizes that while quantum computing is making measurable progress, no single modality has yet proven definitively superior, and the field remains in early commercialization stages with paying customers and peer-reviewed results.

06/04/2026, 2:51 PM • Investing

The Pure Plays: 5 Companies Building Quantum From the Ground Up

The article profiles five pure-play quantum computing companies pursuing different hardware approaches: IonQ (trapped-ion systems), D-Wave (annealing and gate-model systems), Rigetti (modular superconducting chiplets), Xanadu (photonic quantum computing), and Infleqtion (neutral-atom systems). Each company has demonstrated significant technical milestones including record gate fidelities, distributed quantum networking, and room-temperature operations. While the field is making measurable progress toward fault-tolerant quantum computing, the article emphasizes that no single modality has yet proven definitively superior, and commercial viability remains uncertain.

06/04/2026, 12:20 PM • Investing

AMD Reveals A $6.5 Million Marvell Bet That's Already Soaring

AMD disclosed a $6.5 million stake in Marvell Technology through its latest 13F filing, with the position showing an estimated unrealized gain of approximately $4.3 million as Marvell shares have risen about 66% from AMD's implied entry price. The investment reflects AMD's exposure to AI infrastructure and data center semiconductor opportunities. AMD also holds positions in Absci Corp, Sanmina Corp, and Xanadu Quantum Technologies.

05/13/2026, 10:03 AM • Benzinga

Xanadu Quantum Technologies Limited Announces Closing of Business Combination with Crane Harbor Acquisition Corp. and Xanadu Quantum Technologies Inc.

Xanadu Quantum Technologies Limited completed its business combination with Crane Harbor Acquisition Corp. (NASDAQ: CHAC) and secured US$275 million in PIPE financing. The company will trade on Nasdaq and Toronto Stock Exchange under ticker 'XNDU' starting March 27, 2026, positioning itself as the first publicly listed pure-play photonic quantum computing company. Founder Christian Weedbrook holds approximately 18.23% of Class A shares, while Georgian Partners Growth LP holds approximately 11.59% of Class A shares.

03/26/2026, 4:05 PM • Benzinga

Crane Harbor Acquisition Corp. Shareholders Approve Business Combination with Xanadu Quantum Technologies Inc.

Crane Harbor Acquisition Corp. shareholders have approved a business combination with Xanadu Quantum Technologies Inc., a leading photonic quantum computing company. The combined entity will trade on Nasdaq and TSX under ticker XNDU starting March 27, 2026. The transaction will deliver approximately USD $302 million in gross proceeds, with additional potential CAD $390 million in government funding from Canada and Ontario under Project OPTIMISM.

03/19/2026, 4:05 PM • Benzinga

Quantum's Next Big Bet: Xanadu Closes In On Nasdaq Stock Listing

Toronto-based Xanadu Quantum Technologies has received SEC approval for its merger with Crane Harbor Acquisition Corp., positioning itself for a Nasdaq listing under ticker XNDU in late March 2026. The deal will raise approximately $500 million in gross proceeds. Xanadu specializes in photonic quantum computing and has partnered with Lockheed Martin on quantum machine learning research. The listing comes amid growing investor interest in quantum computing, following Infleqtion's recent IPO.

03/02/2026, 2:26 PM • Benzinga

SHAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--CHAC, TRVR, SNDA, and FFWM

Monteverde & Associates PC, a class action law firm, is investigating four merger and acquisition transactions: Crane Harbor Acquisition Corp.'s merger with Xanadu Quantum Technologies, Two Rivers Financial Group's sale to First Mid Bankshares, Sonida Senior Living's merger with CNL Healthcare Properties, and First Foundation Inc.'s sale to FirstSun Capital Bancorp. The firm is seeking shareholders who have concerns about these proposed transactions, with shareholder votes scheduled for late February 2026.

01/28/2026, 2:23 PM • Benzinga

Crane Harbor Acquisition Corp. II Announces the Upsized Pricing of $300,000,000 Initial Public Offering

Crane Harbor Acquisition Corp. II has priced an upsized initial public offering of 30 million units at $10 per unit, totaling $300 million. The company is a blank check firm focusing on technology, real assets, and energy sectors, with plans to pursue a business combination.

12/15/2025, 6:20 PM • GlobeNewswire

Xanadu Advances to Stage B of DARPA’s Quantum Benchmarking Initiative, Securing up to $15 Million in Funding

Xanadu Quantum Technologies has advanced to Stage B of DARPA's Quantum Benchmarking Initiative, securing up to $15 million in funding and demonstrating progress towards developing a utility-scale quantum computer by 2029.

11/06/2025, 5:45 PM • GlobeNewswire

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Statistics

More
Day Range
$2.68
$2.86
$2.71
1-Year Range
$2.71
$36.12
$2.71
Latest Close$2.71
Change
-$0.13 (-4.80%)
Volume5,047,057
Market Cap$163.4M
Shares Outstanding57.5M
Enterprise Value$163.4M

Information as of 10/22/2026

Company Profile

XANADU QUANTUM TECHNOLOGIES LTD
https://www.xanadu.ai
$163.4M
Market Cap
N/A
Net Income
Sector: Technology
Industry: Software - Infrastructure
777 Bay Street, Toronto, ON, Canada, M5G 2C8
416-304-9629

Xanadu Quantum Technologies Limited develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detectors. It offers Pennylane, a cross-platform python library that enables a paradigm and quantum differentiable programming that enables integration with machine learning tools; and Catalyst for just-in-time compilation and optimization of quantum algorithms. It also provides users with access to documentation, guides, and community-led resources for quantum machine learning, quantum chemistry simulations, and other quantum computing applications, along with collaboration and support from a team of quantum experts. The company serves professional clients in the quantum computing, software development, and machine learning sectors, as well as advanced users in research and development, including those utilizing high-performance computing and quantum hardware. It has a collaboration with Mitsubishi Chemical to advance semiconductor fabrication technologies using quantum computing algorithms; has a collaboration with ASML to advance lithography for photonic quantum hardware; and has strategic partnership with GLOBALFOUNDRIES Inc. to accelerate utility-scale quantum manufacturing. Xanadu Quantum Technologies Limited was incorporated in 2016 and is based in Toronto, Canada.

Key Executives

  • Michael Eugene Trzupek
  • Christian Weedbrook
  • Juan Miguel Arrazola
  • Zachary Vernon
  • Nathan Killoran

Current Ownership Distribution

  • Institutions77.7M (99.83%)
  • Mutual Funds128,792 (0.17%)
  • Insiders0 (0.00%)
  • Other0 (0.00%)