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Mar 27, 2026 4:50 PM

EXCLUSIVE: Xanadu Jumps In Nasdaq Debut — Meet The Newest Quantum Stock

Newly listed Xanadu Quantum Technologies, Inc. (NASDAQ:XNDU) shares climbed on Thursday as investors cheered the company's debut on the Nasdaq. 

XNDU stock is climbing. Compare Xanadu with a quantum competitor here. 

Xanadu Brings the Full Quantum Stack

Xanadu is a photonic quantum computing company building a full-stack platform that spans hardware, software and quantum machine learning (QML) applications. 

In an exclusive interview with Benzinga, Xanadu CEO Christian Weedbrook explained how the company's full stack, including its software component, sets Xanadu apart from the competition. 

"We are building around photonics because we believe it offers a scalable path to fault-tolerant systems, and we combine that with leadership in software through PennyLane, which has created deep engagement with users and partners working on real quantum applications today," Weedbrook said. 

Photo of CEO Christian Weedbrook courtesy of Xanadu Quantum Technologies Ltd.

Xanadu’s systems are designed to use light (photons) instead of superconducting qubits or trapped ions, a ...