1. Xanadu signed an MoU with Singapore's A*STAR for quantum research. 2. Collaboration aims to establish joint quantum labs and R&D initiatives. 3. Crane Harbor's acquisition will raise $500 million for the new entity. 4. The merged entity will list on Nasdaq and Toronto Stock Exchange. 5. Xanadu focuses on real-world quantum problems with A*STAR's tech strengths.
FAQ
Why Bullish?
The partnership enhances Xanadu's market position and R&D capabilities, which could boost investor confidence.
How important is it?
The strategic partnership and funding are likely to support innovation, driving long-term growth for CHAC.
Why Long Term?
As the integration progresses, significant developments in quantum technology may yield tangible results over time.
Xanadu Expands Partnership with A*STAR to Advance Photonic Quantum Computing
Source: GlobeNewsWire
Date: December 08, 2025
Strategic Agreement to Enhance Quantum Technology Research
On December 8, 2025, Xanadu Quantum Technologies Inc. (“Xanadu”) announced a significant advancement in its operations by signing a Memorandum of Understanding (MoU) with the Agency for Science, Technology and Research (A*STAR) in Singapore. This agreement expands on their previous collaboration with A*STAR's Institute of Microelectronics (A*STAR IME) and now includes the A*STAR Institute of High Performance Computing (A*STAR IHPC) and the A*STAR Quantum Innovation Centre (A*STAR Q.InC).
The partnership aims to bolster research and development in quantum technologies, focusing on establishing long-term collaborations and the potential for joint quantum laboratories and operations in Singapore. This strategic move highlights the growing demand for quantum solutions across various industries including AI, aerospace, and pharmaceuticals.
Combining Expertise to Propel Quantum Developments
As governments and organizations globally invest in quantum technology, the collaboration leverages A*STAR's strengths in areas such as:
- Photonics heterogeneous integration
- Quantum sensing and software
- Quantum materials and devices
- Advanced packaging and semiconductors
By merging Xanadu’s extensive experience in photonic quantum computing hardware, software, and algorithms with A*STAR’s solid reputation in research, this partnership is poised to enhance critical research efforts and support further advancements in quantum technology.
Focus on Quantum-Focused Projects
Xanadu and A*STAR plan to collaborate on key projects, including:
- Error mitigation for GKP state generation
- Development of quantum light sources
- Quantum connectivity through integrated photonic chips
- Packaging and custom ASIC integration
- Hosting photonic quantum computers in Singapore
These initiatives aim to foster innovation and deliver the next generation of quantum research.
Executive Insights on the Partnership
Christian Weedbrook, Founder and CEO of Xanadu, expressed optimism regarding this expanded collaboration, stating, "This collaboration enables us to progress our photonic quantum computing platform and accelerate our path to deliver fault-tolerant quantum computers that can solve real-world problems."
Prof. Yeo Yee Chia, Deputy Chief Executive (Innovation & Enterprise) at A*STAR, also commented, "We are excited to deploy our research expertise and industry-grade facilities to help companies create pathways from early-stage quantum concepts to manufacturable solutions." This emphasis on practical applications highlights the importance of seamless integration between quantum research and real-world usage.
The Business Combination with Crane Harbor
Xanadu is also in the process of a business combination agreement with Crane Harbor Acquisition Corp. (Nasdaq: CHAC), a special purpose acquisition company. The newly formed entity, Xanadu Quantum Technologies Limited ("NewCo"), is set to be capitalized with around US$500 million. This figure includes approximately US$225 million from Crane Harbor's trust account, complemented by US$275 million from strategic and institutional investors participating in the deal.
NewCo plans to list its shares on the Nasdaq Stock Market and on the Toronto Stock Exchange, reflecting a pivotal step in Xanadu's journey to enhance its market presence.
About Xanadu and Strategic Partners
Xanadu is a Canadian quantum computing company committed to making quantum computers accessible and useful for everyone. Established in 2016, the company has rapidly emerged as a global leader in quantum hardware and software, and it also develops PennyLane, an open-source library for quantum computing.
A*STAR, Singapore's key public R&D agency, plays a crucial role in fostering scientific talent and facilitating collaboration between academia and industry. Their joint efforts aim to drive economic growth and improve societal outcomes via innovative research.