Canada invests $195 million in Xanadu quantum manufacturing

The Government of Canada has announced a $195 million investment in Xanadu Quantum Technologies to support its $893 million project in Toronto, Ontario.

• The funding comes through the Strategic Response Fund and will help Xanadu expand its R&D facility and establish advanced manufacturing capabilities in Canada.
• The project is said to create 275 jobs and support integration, packaging, testing and assembly of photonic and semiconductor components for quantum systems; Xanadu also said it could support a future quantum data center deployment and continuing discussions with the Government of Ontario on Project OPTIMISM.