USSTOCK.TODAY
Market Closed
Log in Sign up

Xanadu Quantum Technologies aims to achieve fault-tolerant quantum computing by 2029

The Motley Fool +1 · ·by G4L

XNDU
XNDU Xanadu Quantum Technologies Ltd
$2.80 +0.72%
View chart & analysis →
  1. 1Xanadu Quantum Technologies prioritizes a technology roadmap to achieve fault-tolerant quantum computing by 2029.
  2. 2Xanadu Quantum Technologies plans to reach its goal of 200 Xanadu logical qubits by 2029.
  3. 3Xanadu Quantum Technologies recorded $1.3 million in revenue this quarter.

So what's the key point?

Xanadu Quantum Technologies has set a plan to create error-free quantum computers by 2029. The company recorded $1.3 million in revenue this quarter as it moves toward this goal.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

5 Quantum Computing Companies to Watch in 2027 The Motley Fool +1 · Oct 29Xanadu Quantum Technologies Announces Quantum Computing Chip Manufacturing Collaboration with GlobalFoundries The Motley Fool · Oct 7Pascal debuts on Nasdaq, French quantum stock surges up to 73% Reuters +1 · Aug 28
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news