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Xanadu goes public today. That is a big moment for Canadian tech. Six years ago, Christian Weedbrook (Founder & CEO of Xanadu) was on the TechTO stage talking about building the “ultimate computer” and saying the real work happens through milestones. Today Xanadu starts trading as XNDU on the Nasdaq and TSX. That makes it the first publicly listed photonic quantum computing company. This is not one of those “cool deep tech story, maybe someday” companies anymore. Xanadu is showing up here with a roughly US$3.1B pro forma enterprise value, about US$302M in gross proceeds from the transaction, and negotiations underway for up to CAD$390M in government support for quantum manufacturing in Canada. The old Christian quote that stands out now: “There’ll be milestones along the way…” That is probably the right lens for today. A very real milestone on a long founder journey. Watch the full talk → https://lnkd.in/egzbc9pQ #TechTO #CanadianTech #QuantumComputing #Founders #Xanadu

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