Contribution: Strategic Response Fund
Xanadu Quantum Technologies Inc.
$195,000,000.00
820235
FY 2026-27 · 2026-08-28
Summary
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.
Program
Strategic Response Fund
Recipient
Location
Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
738541929
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
N/A
Additional Information (French)
N/A
Agreement End Date
2055-12-31
Agreement Number
820235
Agreement Start Date
2026-08-28
Agreement Title
820235
Agreement Title (French)
820235
Agreement Type
Contribution
Agreement Value
$195,000,000.00
Amendment Number
0
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.
Description (French)
Le projet permettra d’établir des installations de fabrication de pointe au Canada qui combleront les lacunes critiques dans la chaîne d’approvisionnement de la technologie quantique. La phase de travail doit se terminer le 31 mars 2031.
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.
Expected Results (French)
L’investissement aidera Xanadu à atteindre la préparation du centre de données quantiques. Le principal résultat du projet est l’intégration des capacités de fabrication des ordinateurs quantiques au Canada, le renforcement des chaînes d’approvisionnement nationales et la réduction de la dépendance à la production étrangère pour technologies stratégiquement importantes.
Federal Riding
University--Rosedale
Federal Riding (French)
University--Rosedale
Federal Riding Number
35110
NAICS Code
334410
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
Strategic Response Fund
Program Name (French)
FRS Volet 2 - Croissance
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.
Program Purpose (French)
Favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ; faciliter la croissance et l'expansion des entreprises au Canada ; attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
738541929
Recipient City
Toronto
Recipient Country
CA
Recipient Legal Name
Xanadu Quantum Technologies Inc.
Recipient Operating Name
Xanadu Quantum Technologies Inc.
Recipient Postal Code
M5G 2C8
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
033-2026-2027-Q2-820235
