Xanadu Signs MoU with A*STAR for Quantum Technology Collaboration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
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Source: Newsfilter
- Collaboration Expansion: Xanadu has signed a Memorandum of Understanding with Singapore's ASTAR to advance research in quantum technologies, combining Xanadu's expertise in photonic quantum computing with ASTAR's research capabilities, thereby enhancing Singapore's competitiveness in the global quantum technology landscape.
- Research Focus: The collaboration will target projects such as the development of quantum light sources and quantum connectivity, which is expected to accelerate the practical application of quantum computers to meet the growing demand across various industries for quantum technology.
- Funding Support: The business combination with Crane Harbor is projected to yield approximately $500 million in funding, including $225 million from Crane Harbor's trust account and $275 million from strategic investors, significantly bolstering Xanadu's investment capacity in quantum technology.
- Market Outlook: This partnership not only fosters innovation in quantum technology in Singapore but also provides Xanadu with broader market opportunities, positioning it to lead in the rapidly evolving quantum computing market.
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About CHAC
Crane Harbor Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It is focused on targeting the technology, real assets, and energy sectors. The Company is not engaged in any business operations. The Company does not generate any revenue.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
