Xanadu Quantum to go public via a SPAC merger with Crane Harbor Acquisition.

Xanadu Quantum, a quantum computing hardware and software company, agreed to go public via a SPAC merger with Crane Harbor Acquisition, a publicly traded special purpose acquisition company. Financial terms were not disclosed. "Today marks a transformative milestone for quantum computing as we bring the leading photonic quantum platform to the public markets. Our quantum systems compute at true room temperature without cryogenics or laser cooling, while delivering the world’s first networked, modular, and scalable quantum computer and up to 10x more efficient error correction overhead than any other quantum modality," Christian Weedbrook, Xanadu CEO.