TSX:XNDUSoftware
Xanadu Quantum’s IPO, Q1 Sales And Photonic Bet Raise Big Questions
Xanadu Quantum Technologies (TSX:XNDU) has completed its IPO and is now trading publicly at around CA$22.49 per share.
The company reported strong Q1 sales growth in its first quarter as a public company.
Xanadu is advancing a photonic quantum computing approach and has discussed potential federal and provincial funding of nearly $400 million for a quantum data center project targeting 2030.
For investors tracking quantum computing, TSX:XNDU has moved quickly from private funding rounds to...