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Stock impact report

Xanadu and ETRI Partner to Accelerate Fault-Tolerant Quantum Algorithm Design using PennyLane

Crane Harbor Acquisition Corp. - Class A Ordinary Shares (CHAC) 
Company Research Source: GlobeNewswire
TORONTO and DAEJEON, South Korea, March 11, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, has partnered with the Electronics and Telecommunications Research Institute (ETRI), South Korea’s premier government-funded research institution, on a new two-year collaborative research project. The project is supported by a major grant from the South Korean government to advance the nation’s quantum ecosystem. Building on the two organizations’ successful history of collaboration in quantum machine learning, the new research partnership focuses on advancing the software infrastructure required to study and execute complex algorithms for fault-tolerant quantum computing (FTQC). The collaboration aims to equip researchers with tools to identify algorithmic bottlenecks and optimize resource usage, a critical step toward enabling distributed quantum computing. Specifically, the project seeks to advance the resource estimatio Show less Read more
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