Grants and Contributions:
Title:
820235
Agreement Number:
820235
Agreement Value:
$195,000,000.00
Agreement Date:
Aug 28, 2026 - Dec 31, 2055
Description:
The project will establish state-of-the-art advanced manufacturing facilities in Canada that address critical gaps in the quantum technology supply chain. The work phase is scheduled to end on March 31, 2031.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
The investment will help Xanadu to reach quantum data centre readiness. The main outcome of the project is the onshoring of quantum computer manufacturing capabilities to Canada, strengthening domestic supply chains, and reducing reliance on foreign production for strategically important technologies.
Location:
Toronto, Ontario, CA M5G 2C8
Reference Number:
033-2026-2027-Q2-820235
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
738541929
Recipient Type:
For-profit organization
Additional Information:
N/A
Amendment Date
0001-01-01T00:00:00
Recipient's Operating Name:
Xanadu Quantum Technologies Inc.
Recipient's Legal Name:
Xanadu Quantum Technologies Inc.
Federal Riding Name:
University--Rosedale
Federal Riding Number:
35110
Program:
Strategic Response Fund
Program Purpose:
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
334410
Amendments: