TL;DR: Xanadu is a Canadian photonic quantum computing company that went public on Nasdaq/TSX in Q1 2026, reporting a 304.3% revenue increase to $2.83 million. Their Borealis system demonstrated quantum comp
Xanadu is a Canadian photonic quantum computing company that went public on Nasdaq/TSX in Q1 2026, reporting a 304.3% revenue increase to $2.83 million. Their Borealis system demonstrated quantum computational advantage using Gaussian boson sampling. Photonic approach offers room-temperature operation and natural networking capability. Xanadu provides cloud access through their Xanadu Cloud platform.
Qubits
Photonic (measurement-based); scaling via Borealis architecture
Technology
Photonic (squeezed light); room-temperature operation
Gate Fidelity
N/A - Gaussian boson sampling
Status
Nasdaq/TSX debut Q1 2026; 304.3% revenue increase to $2.83M