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Xanadu Reports Revenue Growth as Photonic Partnerships and Government Support Expand

Why it’s here: Covers a quantum computing company's DARPA Quantum Benchmarking Initiative funding, a Canadian government loan, and progress on photonic quantum hardware, which ties to US federal quantum programs and funding.

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  1. 3d agoThe Quantum Insider · research by D-Wave QuantumXanadu Reports Revenue Growth as Photonic Partnerships and Government Support ExpandU.S. Department of Commerce finalized a definitive agreement giving D-Wave access to up to $100 million in milestone-based CHIPS Act funding in exchange for a minority, non-controlling equity stake.
    4 articles · 2 outlets
    1. 5d agoThe Quantum InsiderPickupD-Wave Revenue Rises 21% as Customer Deployments Expand And CHIPS Agreement Advances
    2. 4d agoQuantum Computing ReportEarliestD-Wave Reports Q3 2026 Results: Revenue Up 21% YoY, RPO Surges 1,221% to $38.3M, and Finalizes $100M CHIPS Act Agreement
    3. 3d agoQuantum Computing ReportPickupXanadu Reports Q3 2026 Results with $286M Cash Balance and Expanding R&D Commitments
    4. 3d agoThe Quantum InsiderPickupXanadu Reports Revenue Growth as Photonic Partnerships and Government Support Expand
    QuantumQuantum primacy commission and Commerce funding deals shape US competitiveness push14 linked

Coverage

2 outlets · first seen 5d ago

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4 links

About

  • DARPA
  • Quantum Benchmarking Initiative
  • Booz Allen Hamilton
  • Xanadu
  • Lockheed Martin
  • AMD
  • ASML

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Xanadu Reports Revenue Growth as Photonic Partnerships and Government Support Expand — The Wave