Xanadu Quantum Technologies Class B

XNDU

Valor de mercado US$ 925 mi

IonQ, Xanadu and D-Wave gain attention as October deals, manufacturing partnerships and product initiatives offer fresh catalysts for quantum commercialization.

Xanadu stock jumped about 17% after announcing a multi-year manufacturing deal with GlobalFoundries. The two companies have worked together since 2022, so this deal expands an existing partnership.

Xanadu Quantum Technologies and GlobalFoundries strike a multiyear partnership to build quantum hardware components.

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) shares are trading higher Tuesday after the company announced a strategic multi-year partnership with GlobalFoundries Inc. (NASDAQ:GFS) to manufacture components for utility-scale quantum computers.

Xanadu completed a business combination with Crane Harbor Acquisition Corp. in March 2026. Xanadu announced collaborations with ASML and AMD.

TORONTO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (“ Xanadu ”; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced that Rafal Janik, Xanadu's Chief Operating Officer, has entered into an automatic securities disposition plan (the “Plan”) to sell Class B Subordinate Voting Shares of Xanadu ("Class B Shares") held directly by Mr. Janik. The Plan has been adopted in accordance with applicable securities laws and Xanadu's internal policies. Sales of Class B Shares under the Plan are eligible to commence on or after December 29, 2026.

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) shares are trading higher after the company announced a strategic partnership with Bluefors to develop cryogenic infrastructure for utility-scale quantum computing, alongside a fresh analyst initiation from RBC Capital.

RBC Capital initiated coverage of Xanadu Quantum with an outperform, speculative-risk rating. Xanadu stock has retreated 55% since coming public.

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) is trending Friday after shares plunged earlier this week when the company's standard 180-day post-IPO lockup period expired, freeing a large block of shares for trading, coinciding with a disclosed stock sale by CEO Christian Weedbrook.

Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) shares are trading modestly higher Wednesday morning as the stock rebounds from a Tuesday sell-off triggered by the expiration of its post-merger lockup period that added roughly 255 million shares to the public float.