Xanadu Accelerates Chip Production as Investors Await Next Catalyst in Race to Scalable Quantum Computing – Quarterly Update Report
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.



