$XNDU

Xanadu Quantum Technologies (NASDAQ/TSX: XNDU) announced a CAD $195 million government-funded facility, 'Inception,' for advanced photonics research and quantum computing component manufacturing. The 158,000-square-foot Toronto site will feature state-of-the-art cleanrooms and equipment, aiming to accelerate scalable production of photonic hardware for fault-tolerant quantum computing.

Xanadu Quantum Technologies (XNDU) received CAD $195 million from the Canadian government to build quantum computer manufacturing facilities. The funding supports Project OPTIMISM, aiming to establish advanced manufacturing capabilities for fault-tolerant quantum computers. Xanadu plans to develop a vertically integrated supply chain, strengthening Canada's quantum technology sector.

Xanadu (XNDU) and Mitsubishi Chemical advance their quantum computing collaboration to improve EUV lithography simulation for semiconductor fabrication, supported by Canadian and Japanese government programs. The partnership aims to integrate quantum simulations into industrial workflows to reduce blurring in semiconductor manufacturing. Xanadu has previously received $800,000 in funding from NRC IRAP for quantum computing R&D.

Analysts upgraded Ford (F) to Buy, Texas Instruments (TXN) to Buy, and Reddit (RDDT) to Overweight, while downgrading Caterpillar (CAT) to Neutral. The Dow rose 1.03%, S&P 500 gained 0.21%, and Nasdaq fell 0.22%. Oil prices dropped, and Bitcoin declined 3%.

Xanadu Quantum Technologies and the University of Alberta are collaborating to create quantum algorithms for cancer treatment, focusing on photodynamic therapy. Xanadu's shares (T.XNDU) are up $0.44 at $15.23.

Xanadu (XNDU) reported a quarterly update saying it reduced edge-coupling loss to 0.085 dB per facet and increased thin-film lithium niobate and silicon nitride fabrication by about 75% and 50%. It said the remaining aggregate optical-loss gap is 5-10x, with $312.8M cash plus $67.2M from ATM proceeds supporting the roadmap. PennyLane expanded via QROM and partner training.

Xanadu Quantum Technologies (NASDAQ:XNDU) shares fell about 8% after Q2 results beat earnings but missed revenue expectations. The company reported a GAAP loss of $0.14 per share and revenue of $1.51 million, up 42.5% YoY but about $0.49 million below consensus. Net loss widened to $42.1 million; cash was $312.8 million after raising $67.2 million.

Xanadu Quantum Technologies reported Q2 revenue up to CAD 1.5 million from CAD 1.1 million year over year, but down from CAD 2.8 million sequentially. DARPA Stage B drove revenue. Cash rose to CAD 312.8 million after a synthetic equity offering. Capex was about CAD 6.4 million; adjusted EBITDA loss widened to CAD 21.3 million.

A Thursday small-cap watchlist cites gains in Canada’s S&P/TSX Small Cap Index and the U.S. Russell 2000. It highlights earnings and guidance updates for Propel Holdings (PRL-T), Kinaxis (KXS-T), Thinkific (THNC-T), Savaria (SIS-T), Doman Building Materials (DBM-T) and Xanadu Quantum (XNDU-T), including Propel’s dividend increase and Kinaxis raising fiscal 2026 revenue guidance.

Xanadu Quantum Technologies Ltd (XNDU) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 Xanadu Announces Second Quarter 2026 Results The Company is on a Mission to Build Quantum Computers That Are Useful and Available to People Everywhere TORONTO | August 5, 2026 /GLOBE NEWSWIRE/ -- Xanadu Quantum Technologies Limited ("Xanadu" or the "Company") (NASDAQ