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Xanadu secures up to USD $10 million in additional DARPA support for quantum R&D
XNDUXanadu Quantum Technologies Ltd
Xanadu Quantum Technologies Limited has received provisional approval for a one-year contract extension worth up to USD $10 million under the Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmarking Initiative. The funding builds on the company's Stage B progress and will be allocated primarily to accelerate critical components in its R&D roadmap, including the development of fault-tolerant, utility-scale photonic quantum computing systems. Xanadu is a Canadian developer of hardware and software for photonic quantum computing.