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Stock impact report

Xanadu’s PennyLane Integrates with the Munich Quantum Toolkit to Advance Quantum Compilation

Crane Harbor Acquisition Corp. - Class A Ordinary Shares (CHAC) 
Company Research Source: GlobeNewswire
TORONTO and MUNICH, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, today announced that it has successfully integrated PennyLane and its Catalyst compiler with the Munich Quantum Toolkit (MQT). MQT is developed by teams at the Chair for Design Automation of the Technical University of Munich (TUM) and the Munich Quantum Software Company (MQSC) and enables an interoperable and scalable quantum software stack, based on mature classical compilation technology. This collaboration creates more accessible quantum software by connecting a user-friendly Python interface through Xanadu’s PennyLane to high-performance code that is the foundation of Catalyst and MQT. As quantum hardware scales, quantum programs are becoming exponentially more complex, and compiling these larger programs efficiently is expected to become a major challenge in the quantum computing stack. Together, PennyLane, Catalyst, and MQT’s Core p Show less Read more
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