Dr. Christian Weedbrook reports

XANADU ACCELERATES U.S. GROWTH WITH NEW YORK STATE OFFICE

Xanadu Quantum Technologies Ltd. has significantly expanded its United States operations, anchored by its growing presence in Albany, N.Y.

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 work force has grown by more than fivefold since 2023 and Xanadu anticipates its U.S.-based work force to increase significantly by the end of this year.

"The demand for quantum computing has never been higher and our rapid growth in the United States is a testament to the talent and strategic partnerships we have built across the semiconductor and technology industries to help meet those demands," said Dr. Christian Weedbrook, founder and chief executive officer of Xanadu. "By co-locating with key partners, we are working to ensure rapid response times and close-knit collaboration across teams. We are not just scaling our footprint; we are accelerating the pace of innovation."

This expansion is a direct result of Xanadu's commanding technical progress and industrial partnerships. Xanadu's Aurora system established a foundation for future fault-tolerant quantum systems and demonstrated one of the many distinct advantages of a photonic approach to building quantum hardware: modularity and networkability, allowing for seamless integration into existing classical data centres. Xanadu's demonstration of GKP qubits on-chip solved another essential scalability hurdle, creating the photonic qubit for fault-tolerance on a platform that can be mass-produced. Both recognized in Nature, the company believes these milestones serve as proof that Xanadu has transformed theoretical research into practical, scalable hardware and built the foundation for universal fault-tolerant photonic quantum computers. Building on these milestones, Xanadu has secured key industrial partnerships, most recently with Corning, Applied Materials, DISCO and EV Group .

Xanadu's growing U.S. presence will allow the company to take advantage of another key benefit of the photonic approach: leveraging established semiconductor and photonics supply chains to expedite R&D (research and development) and manufacturing, which the company believes will accelerate progress even further. As Xanadu continues to improve its industry-leading photonic quantum computing hardware, the company believes continued strategic expansion in the United States will ensure that Xanadu is strongly positioned to bring fault-tolerant systems to reality and achieve its mission to build quantum computers that are useful and available to people everywhere.

About Xanadu Quantum Technologies Ltd.

Founded in 2016, Xanadu is a Canadian photonic quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Xanadu is building fault-tolerant quantum computers using light, with systems designed to compute at room temperature. Backed by more than $500-million (U.S.) in funding, Xanadu develops both hardware and software, including PennyLane, its open-source quantum computing platform. Xanadu is the first pure-play photonic quantum computing company to list on public markets and is recognized globally for its breakthroughs in scalable quantum technologies.

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