Mr. Nazim Benhadid reports

XANADU AND TELUS COLLABORATE TO ADVANCE QUANTUM DATA CENTRE INFRASTRUCTURE IN CANADA

Xanadu Quantum Technologies Inc., a global leader in photonic quantum computing, and Telus Corp. plan to collaborate on advancing sovereign quantum computing infrastructure in Canada and explore the development of a quantum data centre integrated with Telus's secure, Canadian-controlled, sovereign infrastructure.

Under a newly signed MOU, the two Canadian technology leaders will explore how quantum processors can be combined with high-performance computing systems to create sovereign hybrid quantum-classical computing infrastructure in Canada -- one of the first of its kind in the world. By bringing together Xanadu's expertise in photonic quantum computing with Telus's sovereign AI (artificial intelligence) expertise, advanced data centre operations and coast-to-coast PureFibre network, this initiative will provide Canadian enterprises, researchers and government organizations with secure access to next-generation quantum computing capabilities. These capabilities are poised to unlock breakthroughs in fields such as AI, drug discovery, materials science, cybersecurity and national security, all while keeping critical data and intellectual property in Canada under Canadian control.

"Canada has a unique opportunity to lead the world in quantum computing," said Christian Weedbrook, founder and chief executive officer of Xanadu. "Telus operates some of the most advanced sovereign, digital infrastructure in the country, and, together, we are excited to explore how quantum computing could integrate with next-generation data centre environments to create something genuinely historic for Canada."

Quantum computing represents one of the most consequential technological shifts of this era. Hybrid quantum-classical computing environments, where quantum processors work alongside classical high-performance computing systems, are widely recognized as a critical pathway toward realizing this real-world advantage at scale.

"At Telus, we strongly believe that Canada's technological future must be built on infrastructure we own and control -- and quantum computing is the next chapter of that story," said Nazim Benhadid, chief technology officer of Telus. "Our shared vision with Xanadu -- one of Canada's most exciting quantum technology companies -- is to support the growth of Canada's world-class AI quantum ecosystem and advance sovereign, quantum-ready infrastructure. When Canadian organizations can access world-leading quantum capabilities on Canadian-controlled infrastructure, the innovations, economic value and competitive advantages stay here, building Canadian prosperity for generations to come."

The collaboration will also explore opportunities across the full quantum computing value chain, including quantum hardware, software, algorithms, applications, services and education initiatives designed to strengthen Canada's rapidly growing quantum ecosystem. Additionally, the companies will explore research initiatives, pilot programs, knowledge exchange activities and broader ecosystem development efforts to accelerate quantum innovation across Canada.

This announcement follows Xanadu's milestone Project Optimism announcement, in which the company announced that the governments of Canada and Ontario are negotiating up to $390-million in combined support for Xanadu to establish advanced semiconductor and photonic manufacturing capabilities for Canada's quantum technology supply chain.

About Telus Corp.

Telus is a world-leading communications technology company operating in more than 45 countries and generating over $20-billion in annual revenue with more than 21 million customer connections through the company's advanced suite of broadband services for consumers, businesses and the public sector. Telus is committed to leveraging its technology to enable remarkable human outcomes. Telus is passionate about putting its customers and communities first, leading the way globally in client service excellence and social capitalism. Telus Health is enhancing more than 161 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. Telus Agriculture & Consumer Goods utilizes digital technologies and data insights to optimize the connection between producers and consumers. Telus Digital specializes in digital customer experiences and future-focused digital transformations that deliver value for its global clients. Guided by the company's enduring "give where we live" philosophy, Telus continues to invest in initiatives that support education, health and community well-being. In 2023, the company launched the Telus Student Bursary, which strives to ensure that every young person in Canada who wants a postsecondary education has the opportunity to pursue one. To date, the program has distributed over $6-million in bursaries to 2,000 students and counting. Since 2000, Telus and the company's team members and retirees have contributed $1.85-billion in cash, in-kind contributions, time and programs, including 2.5 million days of service -- earning Telus the distinction of the world's most giving company.

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