Canada will provide Xanadu Quantum Technologies with a C$195 million federal loan, about US$140.78 million, to build a photonics manufacturing and research facility at a former Campbell's Soup plant in Etobicoke, Ontario. The Strategic Response Fund financing is described as the largest government investment in quantum technology in Canadian history and forms the federal portion of a package that could reach C$390 million with provincial contributions. The 158,000-square-foot Inception hub, the centerpiece of Project OPTIMISM, is expected to create about 275 jobs, with the first phase targeted for mid-2027 and full build-out over five years. Founded in 2016 by CEO Christian Weedbrook, Xanadu is developing photonic quantum computers designed to operate at room temperature, has previously received a C$40 million Strategic Innovation Fund grant, trades on the Toronto Stock Exchange as XNDU.TO, and aims to establish its first quantum data center by 2029-2030.