# Canada to loan quantum startup Xanadu $140 million for manufacturing plant

https://mins.news/en/item/36139

- Reuters, 2026-08-28 20:35 UTC
- Tech
- Original: https://www.reuters.com/world/americas/canada-loan-quantum-startup-xanadu-140-million-build-manufacturing-plant-2026-08-28/?link_source=ta_bluesky_link&taid=6a91f1008f085800017b5b77

> The Canadian government will lend C$195 million, or about $140.78 million, to quantum-computing startup Xanadu Quantum to establish a plant making photonic components for quantum computers. It is the country’s largest-ever support for the technology.

## Related coverage

- [Old soup factory gets high-tech makeover as quantum computing firm wins $195M federal boost](https://mins.news/en/item/36999) — CBC News, 2026-08-29