Canaccord Genuity initiated coverage of Xanadu Quantum Technologies Inc. with a rating of Buy and set a new price target of $45.00

Northland Capital initiated coverage of Xanadu Quantum Technologies Inc. with a rating of Outperform and set a new price target of $43.00

TORONTO, July 15, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced that the company will release its second quarter 2026 financial results on August 5th, 2026, after the financial markets close. Xanadu will host a conference call the same day at 4:30 PM EDT to discuss the results and business outlook. The call will be available live via webcast here or on the company's website here. The call will also be accessible by telephone at 1-800-715-9871 (USA toll-free) or +1 (646) 307-1963 (USA/International toll). Participants should reference passcode 6969417 and ask to be joined into

TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (("Xanadu", TSX:XNDU), a leading photonic quantum computing company, and Lockheed Martin (NYSE:LMT), a global security and aerospace company, today announced a new strategic effort to scale quantum training and workforce development through Lockheed Martin's Quantum Talent Pipeline (QTP) program. As quantum technologies transition from research labs to mission-critical environments, the demand for a quantum-savvy workforce is quickly rising. Building on their previously announced research relationship, most recently highlighted by a joint initiative in Quantum Machine Learning (QML), Xanadu and Lockheed Martin

TORONTO, July 09, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (("Xanadu", TSX:XNDU), a leading photonic quantum computing company, today announced a significant expansion of its U.S. operations, anchored by its growing presence in Albany, New York. Albany has emerged as a hub for global innovation in quantum computing and advanced semiconductor research, positioning it as an ideal strategic base for Xanadu’s U.S. expansion. Xanadu has also scaled up operations across the U.S., with growth in the San Francisco Bay Area as well as a distributed presence across the country spanning 19 states. In total, Xanadu’s U.S.-based workforce has grown by more than 5-fold since 2023, a

TORONTO, June 10, 2026 /CNW/ - Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU) today announced a new accomplishment in ultra-low loss photonic chip packaging, achieving ultra-low edge-coupling loss for its photonic chips. This marks another important milestone for the development of fault-tolerant photonic quantum computers and for Xanadu in its mission to build quantum computers that are useful and available to people everywhere.              Xanadu has successfully demonstrated an average 0.085 dB/facet edge-coupling loss, a critical metric for the feasibility and performance of photonic quantum computers. This achievement is a direct result of the convergence of Xa

TORONTO, May 21, 2026 /CNW/ - Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU) today announced an algorithmic breakthrough in Quantum Read-Only Memory (QROM), a vital component for executing advanced quantum applications. This new implementation is expected to reduce the number of expensive quantum operations by approximately twofold, directly overcoming a significant hardware bottleneck that challenges near-term, utility-scale fault-tolerant quantum computers. QROM is an algorithmic subroutine for loading classical data onto a quantum computer, and constitutes a major bottleneck for applications of quantum computers. Despite its critical importance, QROM performance h

TORONTO, May 21, 2026 /CNW/ - Xanadu Quantum Technologies Limited ("Xanadu" or the "Company"; (Nasdaq: XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced that it has entered into a synthetic at-the-market equity facility for up to $300 million (the "Program") with YA II PN, Ltd. ("Yorkville Advisors"). The Company intends to use the net proceeds, if any, for working capital and general corporate purposes. The Program provides Xanadu with the ability, but not the obligation, to issue and sell to Yorkville Advisors up to $300 million of its Class B subordinate voting shares in private placements over a term of three years, subject to certain limitations and conditi

The Company is on a Mission to Build Quantum Computers That Are Useful and Available to People EverywhereTORONTO, May 14, 2026 /CNW/ - Xanadu Quantum Technologies Ltd. ("Xanadu" or the "Company") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced financial results for the first quarter ended March 31, 2026. "I started Xanadu in 2016 with a whitepaper and a conviction that photonics was the right path to a scalable quantum computer. After a decade of research, peer-reviewed breakthroughs, and a public listing on Nasdaq and the TSX, I am more convinced of that than ever," said Dr. Christian Weedbrook, Founder and Chief Executive Officer of Xanadu. "We belie

First-to-Market Strategy on Recent Listing of Canada's Photonic Quantum Computing ChampionNEW YORK, May 7, 2026 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, is pleased to announce the launch of the Tradr 2X Long XNDU Daily ETF (Cboe: XNDX). The fund is a first-to-market single stock leveraged ETF and seeks to deliver two times long (200%) the daily performance of Xanadu Quantum Technologies (NASDAQ:XNDU). "Xanadu's recent public listing is a testament to strong investor appetite for cutting-edge technology narrativ

TORONTO, May 5, 2026 /CNW/ - Xanadu Quantum Technologies Ltd. ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, and EV Group (EVG), a leading supplier of wafer bonding and lithography equipment, today announced a strategic partnership to develop critical heterogeneous integration and wafer bonding processes to facilitate the scalability of photonic quantum systems. Throughout this partnership, Xanadu and EVG expect to utilize EVG's industrial manufacturing tools to fabricate the specialized chips used in Xanadu's photonic quantum computers, with the goal of accelerating the progression of quantum computing chip manufacturing from the lab to high-volume produc

TORONTO, May 1, 2026 /CNW/ - Xanadu Quantum Technologies Ltd. ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced that the company will release its financial results for the quarter ended March 31st, 2026, on May 14th, 2026, after the financial markets close. Xanadu will host a conference call the same day at 4:30 PM EDT to discuss the results and business outlook. The call will be available live via webcast here or on the company's website here. The call will also be accessible by telephone at 1-888-349-0106 (USA/Canada toll-free) or 1-412-902-0131 (International). Participants must ask to be joined into the Xanadu Quantum Technologies Ltd. (Na

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TORONTO, July 15, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced that the company will release its second quarter 2026 financial results on August 5th, 2026, after the financial markets close. Xanadu will host a conference call the same day at 4:30 PM EDT to discuss the results and business outlook. The call will be available live via webcast here or on the company's website here. The call will also be accessible by telephone at 1-800-715-9871 (USA toll-free) or +1 (646) 307-1963 (USA/International toll). Participants should reference passcode 6969417 and ask to be joined into

The Company is on a Mission to Build Quantum Computers That Are Useful and Available to People EverywhereTORONTO, May 14, 2026 /CNW/ - Xanadu Quantum Technologies Ltd. ("Xanadu" or the "Company") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced financial results for the first quarter ended March 31, 2026. "I started Xanadu in 2016 with a whitepaper and a conviction that photonics was the right path to a scalable quantum computer. After a decade of research, peer-reviewed breakthroughs, and a public listing on Nasdaq and the TSX, I am more convinced of that than ever," said Dr. Christian Weedbrook, Founder and Chief Executive Officer of Xanadu. "We belie

TORONTO, May 1, 2026 /CNW/ - Xanadu Quantum Technologies Ltd. ("Xanadu") (NASDAQ:XNDU) (TSX:XNDU), a leading photonic quantum computing company, today announced that the company will release its financial results for the quarter ended March 31st, 2026, on May 14th, 2026, after the financial markets close. Xanadu will host a conference call the same day at 4:30 PM EDT to discuss the results and business outlook. The call will be available live via webcast here or on the company's website here. The call will also be accessible by telephone at 1-888-349-0106 (USA/Canada toll-free) or 1-412-902-0131 (International). Participants must ask to be joined into the Xanadu Quantum Technologies Ltd. (Na

Following its Public Listing in the First Quarter of 2026, Xanadu Entered 2026 with Strengthened Capital Resources to Execute Against a Multi-Year Technology Roadmap Spanning Fault Tolerance, Manufacturing Scale-Up, and Commercial Adoption  Introduced Aurora, the World's First Modular, Networked Photonic Quantum Computer With Real-Time Error Correction1 Advanced to Stage B of DARPA's Quantum Benchmarking Initiative ("QBI") Program, Unlocking up to an Additional $15 Million in U.S. Government Funds Selected for Canada's Quantum Champions Program Providing Additional Funding Support of up to CAD $23 Million Expanded Adoption of PennyLane, Further Establishing Xanadu's Software Platform as