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Stock impact report

Xanadu, the University of Toronto and the National Research Council of Canada Unveil Quantum Algorithms for Lithium-ion Battery Simulations

Crane Harbor Acquisition Corp. - Class A Ordinary Shares (CHAC) 
Company Research Source: GlobeNewswire
TORONTO, March 18, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, has today announced a novel quantum computational algorithm to accelerate the discovery and analysis of next-generation battery materials. Published as a pre-print article, Xanadu’s new research, in collaboration with the University of Toronto and the National Research Council of Canada (NRC) as part of the NRC’s Applied Quantum Computing Challenge program, demonstrates how fault-tolerant quantum computers can solve critical challenges to enable the practical application of higher-capacity lithium-excess cathode active materials for lithium batteries. Resonant Inelastic X-ray scattering (RIXS) is a powerful tool for characterizing how high-capacity batteries degrade over time, a key component for evaluating their predicted performance. However, the lack of accurate simulations of RIXS spectra limits its usefulness for many practical use cases. This Show less Read more
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