Browsing Tag
Xanadu Quantum Technologies Limited
1 post
Xanadu locks in C$195m federal support for C$893m quantum manufacturing push
Xanadu Quantum Technologies has formalised C$195 million of Canadian federal backing for the C$893.4 million Project OPTIMISM manufacturing program, including a new 158,000-square-foot Toronto photonics facility. The agreement materially reduces the capital burden, but securities filings show the government contribution is conditionally repayable rather than a conventional grant.