M&A / Property
Telus, Xanadu sign MOU for quantum computing

T · Price
Executive Summary
- Xanadu Quantum Technologies Inc. and Telus Corp. have signed a Memorandum of Understanding (MOU) to collaborate on advancing sovereign quantum computing infrastructure in Canada.
- The partnership aims to explore the development of a quantum data centre integrated with Telus's secure, Canadian-controlled infrastructure, combining Xanadu's photonic quantum computing expertise with Telus's high-performance computing and network capabilities.
- The initiative seeks to provide Canadian enterprises, researchers, and government organizations with secure access to next-generation quantum computing capabilities while keeping critical data and intellectual property within Canada.
Key Details
- Parties Involved: Xanadu Quantum Technologies Inc. (photonic quantum computing leader) and Telus Corp. (communications technology company).
- Agreement Type: Memorandum of Understanding (MOU).
- Primary Objective: To explore how quantum processors can be combined with high-performance computing systems to create sovereign hybrid quantum-classical computing infrastructure in Canada.
- Infrastructure Focus: Integration of Xanadu’s quantum processors with Telus’s secure, Canadian-controlled, sovereign infrastructure, including its coast-to-coast PureFibre network.
- Target Beneficiaries: Canadian enterprises, researchers, and government organizations.
- Intended Applications: Breakthroughs in AI, drug discovery, materials science, cybersecurity, and national security.
- Scope of Collaboration:
- Exploration of the full quantum computing value chain, including hardware, software, algorithms, applications, and services.
- Education initiatives to strengthen Canada's quantum ecosystem.
- Research initiatives, pilot programs, and knowledge exchange activities.
- Contextual Milestone: This announcement follows Xanadu’s "Project Optimism," where the governments of Canada and Ontario were negotiating up to $390-million in combined support for Xanadu to establish advanced semiconductor and photonic manufacturing capabilities for Canada's quantum technology supply chain.
Notable Quotes
- Christian Weedbrook, Founder and CEO of Xanadu: "Canada has a unique opportunity to lead the world in quantum computing... together, we are excited to explore how quantum computing could integrate with next-generation data centre environments to create something genuinely historic for Canada."
- Nazim Benhadid, Chief Technology Officer of Telus: "At Telus, we strongly believe that Canada's technological future must be built on infrastructure we own and control -- and quantum computing is the next chapter of that story... When Canadian organizations can access world-leading quantum capabilities on Canadian-controlled infrastructure, the innovations, economic value and competitive advantages stay here, building Canadian prosperity for generations to come."
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Jun 23, 2026 · 10:12