Xanadu Quantum to go public via $3.6 billion SPAC deal
Update: 2025-11-03
Description
Xanadu Quantum Technologies, a Canadian quantum computing firm, is set to go public in the US via a merger with Crane Harbor Acquisition Corporation, valued at $3.6 billion. This SPAC merger will raise $500 million for Xanadu, positioning it to compete in the quantum computing race and potentially accelerate quantum advancements as the world demands more computing power.
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