Xanadu’s $302M Nasdaq Debut: Can Photonic Quantum Computing Outrun IBM?
Picture a quantum computing lab without the signature cryogenic tanks. No dilution refrigerators humming at temperatures colder than outer space. No multi-million-dollar cooling infrastructure. That is the pitch from Xanadu Quantum Technologies, a Toronto-based startup preparing to trade on Nasdaq under ticker XNDU starting March 27, 2026 — and it is a pitch backed by $302 million in fresh capital. Read more »