Xanadu Quantum Technologies Limited

Xanadu Quantum Technologies Limited develops and provides photonic quantum computing technology and related software solutions. The company offers cloud-based access to its photonic quantum computers through x-series devices, which support programmable quantum gates and photon-number resolving detectors. It also provides Pennylane, a cross-platform Python library that enables quantum differentiable programming and integrates with machine learning tools, as well as Catalyst for just-in-time compilation and optimization of quantum algorithms. Additionally, Xanadu offers documentation, guides, and community resources for quantum machine learning, quantum chemistry simulations, and quantum computing applications, along with collaboration and support from a team of quantum experts.

Xanadu Quantum Technologies Limited is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol XNDU. Its securities trade in US Dollars (USD). The company is headquartered in Toronto, Canada, and its stock is traded on a US exchange, making it accessible to international investors.

Xanadu Quantum Technologies operates in the Technology sector, specifically within the Software - Infrastructure industry. This classification reflects the company's focus on developing quantum computing software and cloud-based infrastructure, including its Pennylane library and Catalyst compiler, as well as providing access to quantum hardware via the cloud.

Xanadu Quantum Technologies Limited is headquartered in Toronto, Canada. The company serves professional clients in the quantum computing, software development, and machine learning sectors, as well as advanced users in research and development, including those utilizing high-performance computing and quantum hardware. Its cloud-based quantum computing services and software tools are available globally, targeting organizations and individuals working on quantum algorithms, machine learning, and chemistry simulations.

Xanadu Quantum Technologies generates revenue primarily by providing cloud-based access to its photonic quantum computers through x-series devices, which customers use for quantum computing tasks. Additionally, the company offers software solutions such as Pennylane and Catalyst, which are used for quantum programming, simulation, and algorithm optimization. It also provides documentation, guides, and community resources, along with collaboration and support from quantum experts, likely through subscription or service-based models. The company serves clients in quantum computing, software development, machine learning, and R&D sectors.