Xanadu Quantum Technologies is collaborating with semiconductor supplier ASML to develop advanced lithography processes for photonic quantum hardware. The partnership focuses on reducing optical loss in quantum computing chips.
This technical improvement addresses a primary obstacle to achieving fault-tolerant, utility-scale quantum computers. Both companies will explore how advanced lithography improves patterning control and creates lower-loss photonic structures.
Xanadu shares rose 1.7% in pre-market trading following the announcement.