Xanadu is a quantum computing company developing full-stack quantum computing solutions combining proprietary photonic quantum hardware with a modality-agnostic software platform. The company's hardware—photonic quantum computers operating at room temperature without cryogenic cooling—pairs with PennyLane, an open-source quantum programming software development kit widely used across universities and enterprise partners. Though still in a pre-commercial stage, Xanadu intends to generate revenue through multiple channels including quantum-computing-as-a-service offerings, direct system sales to government and enterprise customers, software commercialization, strategic partnerships and co-development agreements, and intellectual property licensing. The company targets high-value industry verticals such as chemicals and materials, life sciences and pharmaceuticals, financial services, energy and industrial optimization, and semiconductors, working with Fortune 500 enterprises and government agencies globally.