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Xanadu Quantum Technologies Receives Provisional Approval For Project Funding Of Up To $10M Under DARPA's Quantum Benchmarking Initiative

Oct 19, 2026 · 07:05 AM ET· updated 1h ago

This one-year contract extension reflects DARPA's ongoing support and investment in Xanadu’s R&D, and builds on the company’s work in Stage B.DARPA’s QBI program evaluates leading quantum computing architectures

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Why It Matters

Xanadu got approval for up to $10 million in government funding for quantum computing research. When a company wins big research contracts, it shows people believe in what they are building.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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