Crane Harbor Acquisition Corp

CHAC

Market cap $308M

TORONTO, March 11, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“ Xanadu ”), a leading photonic quantum computing company, today announced that it has entered negotiations with the Government of Canada and the Government of Ontario for support for Project OPTIMISM, an initiative to establish advanced semiconductor and photonic manufacturing capabilities for the quantum technology supply chain in Canada. Subject to due diligence and the execution of definitive agreements, up to $390 million in combined government support is under consideration.

TORONTO and DAEJEON, South Korea, March 11, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“ Xanadu ”), a leading photonic quantum computing company, has partnered with the Electronics and Telecommunications Research Institute (ETRI), South Korea's premier government-funded research institution, on a new two-year collaborative research project. The project is supported by a major grant from the South Korean government to advance the nation's quantum ecosystem.

In the release, Xanadu said it used AMD high-performance computing and AI infrastructure on the AMD DevCloud together with its PennyLane quantum software to demonstrate computational fluid dynamics simulations in a hybrid quantum-classical environment.

TORONTO, March 10, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“ Xanadu ”), a leading photonic quantum computing company, today announced a major step forward in bringing quantum computing closer to real-world aerospace and engineering applications by leveraging AMD HPC and AI technologies. By combining Xanadu's PennyLane quantum software with AMD high-performance computing solutions on the AMD DevCloud, Xanadu successfully demonstrated how advanced aerospace simulations can be prepared and run in a hybrid quantum-classical environment.

Quantum platform designed to accelerate development of safer, longer-lasting next-generation batteries Builds on growing U.S. and Canadian government momentum, with additional large-scale opportunities in the pipeline

NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, yesterday hosted its 2026 Analyst Day at the Nasdaq MarketSite in New York, in advance of the anticipated closing of its previously announced business combination with Crane Harbor Acquisition Corp. (“Crane Harbor”). The event was well attended, reflecting strong engagement from the financial community as Xanadu advances toward becoming a publicly listed company.

NEW YORK, March 04, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today is hosting its 2026 Analyst Day at the Nasdaq MarketSite in New York, in advance of the anticipated closing of its previously announced business combination with Crane Harbor Acquisition Corp. (“Crane Harbor”) (Nasdaq: CHAC). “We are encouraged by the level of interest from the financial community as we host our Analyst Day today,” said Christian Weedbrook, Founder and Chief Executive Officer of Xanadu.

The race for quantum supremacy is moving from the lab to the trading floor.

TORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a global leader in photonic quantum computing, and Crane Harbor Acquisition Corp. (Nasdaq: CHAC) (“Crane Harbor”), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission (the “SEC”) has declared effective the companies' joint registration statement on Form F-4 in connection with their previously announced proposed business combination. This marks a significant milestone in the transaction process and moves Xanadu substantially closer to becoming a publicly traded company.

TORONTO, Ontario, March 02, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a global leader in photonic quantum computing, and Crane Harbor Acquisition Corp. (Nasdaq: CHAC) (“Crane Harbor”), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission (the “SEC”) has declared effective the companies' joint registration statement on Form F-4 in connection with their previously announced proposed business combination.