Xanadu

Market Capⓘ

$3.98B

Cash Runwayⓘ

—

52W Highⓘ

$42.44

52W Lowⓘ

$6.97

2Y Highⓘ

$42.44

-68.5% below 2Y high

RSI (14-day)ⓘ

45.8

Neutral

Beta (1Y vs SPY)ⓘ

0.56

Below Market

Next Earningsⓘ

—

non-US exchange

Daily Short Vol %ⓘ

57.7%

2026-06-18

About Xanadu

Xanadu is a photonic quantum computing company developing room-temperature, light-based quantum computers and open-source quantum software. Its Aurora system (Jan 2025) is the world's first scalable modular photonic quantum computer. PennyLane is the leading open-source quantum ML library.

Quantum Technology

Aurora (Jan 2025, Nature paper): world's first scalable modular photonic quantum computer. 12 logical GKP qubits with real-time error-correction decoding; 86.4 billion entangled modes demonstrated. Built from 35 photonic chips, 13 km fiber interconnects, 4 server racks. Room-temperature operation. GKP (Gottesman-Kitaev-Preskill) encoding enables fault-tolerant photonic QC. 60% optical loss reduction achieved in 2025 (20-fold improvement over 3 years). TFLN chiplet partnership with HyperLight (2025). IPO: Nasdaq/TSX March 2026 (raised $302M). PennyLane: ~160K avg monthly downloads. DARPA Quantum Benchmarking Initiative Stage B (up to $15M); Project OPTIMISM: up to C$390M in negotiations with Canada and Ontario (March 2026).

Trading Platforms