Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares is trading 4.4% up at $12.28 after announcing a record-breaking milestone in photonic chip performance.
- The company reported an average edge-coupling loss of 0.085 dB per facet, a critical technical advancement required for scalable, fault-tolerant quantum computing.
- Shares are also benefiting from a broader market rebound across the technology sector.
- This milestone, reported on June 10, 2026, represents a significant step forward in the company's hardware development roadmap.