Xanadu and GlobalFoundries Announce Strategic Partnership to Accelerate Utility-Scale Quantum Manufacturing
TORONTO, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (" Xanadu "; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced a strategic multi-year partnership with GlobalFoundries (GF), a leading semiconductor manufacturer, to address the high-volume production required for utility-scale quantum computing. This partnership combines Xanadu’s existing expertise in ultra-low loss photonic design and process development with GF’s industry-leading photonics manufacturing prowess to accelerate the development and manufacturing of advanced photonic components, including ultra-low loss silicon nitride (SiN) photonics and Superconducting Nanowire Single-Photon Detectors (SNSPDs), through GF’s 300 mm production line in Malta, New York.