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Canada Funds Xanadu Quantum Manufacturing InitiativeBusiness — Aug 28, 2026Canada committed CAD 195 million from the Strategic Response Fund to Xanadu Quantum Technologies for Project OPTIMISM to establish advanced quantum-manufacturing capabilities in Canada, including a new 158,000-square-foot facility and potential creation of hundreds of jobs as part of building utility-scale photonic quantum computers; the investment aims to localize production, support a future data center in Toronto, and strengthen national quantum competitiveness with broader industry partnerships.

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