Xanadu accelerates chip production in quantum computing race
Xanadu Quantum Technologies said it is partnering with EV Group to scale production of its photonic quantum chips, including wafer bonding and lithography processes. It reported achieving 0.085 dB/facet average edge-coupling loss on June 10, 2026. Xanadu also expanded work with Tower Semiconductor. Cash was $312.8M at June 30, 2026; Q2 revenue $1.5M, net loss $42.1M.



