Xanadu

Milestones

• Xanadu lists on Nasdaq and the Toronto exchange after a SPAC merger (Mar 27, 2026)
• DARPA advances 11 companies to Stage B of its Quantum Benchmarking Initiative (Nov 6, 2025)
• Xanadu agrees to go public through a SPAC merger valuing it at $3 billion (Nov 3, 2025)
• DARPA selects companies for the first stage of its Quantum Benchmarking Initiative (Apr 3, 2025)
• Xanadu claims quantum advantage with Borealis, a programmable photonic machine (Jun 1, 2022)