Xanadu

GITEX GLOBAL Weighs in on Sustainability, E-government, Smart Homes and Future of Computing on Day 4

Retrieved on: 
Thursday, October 19, 2023

DUBAI, UAE, Oct. 19, 2023 /PRNewswire/ -- Last year, the UAE announced the "UAE Net Zero by 2050 Strategic Initiative", a national drive to achieve net-zero emissions by 2050, making the Emirates the first Middle East and North African nation to do so. At GITEX GLOBAL 2023, Faisal Ali Rashid, Senior Director, Energy Demand Side Management, UAE's Dubai Supreme Council of Energy, highlighted the successes in executing this mission.

Key Points: 
  • GITEX GLOBAL facilitates the biggest public-private partnership projects, with 250 government entities looking to collaborate on e-government and digital government initiatives.
  • In collaboration with etisalat by e&, Samsung introduced the Family Hub Refrigerator on the fourth day of GITEX GLOBAL.
  • GITEX GLOBAL and Expand North Star comprise a combined 41 halls spanning 2.7 million sq.
  • ft of exhibition space, a 40% growth year-on-year with 1,800 startups across Expand North Star and GITEX GLOBAL.

GITEX GLOBAL Weighs in on Sustainability, E-government, Smart Homes and Future of Computing on Day 4

Retrieved on: 
Thursday, October 19, 2023

DUBAI, UAE, Oct. 19, 2023 /PRNewswire/ -- Last year, the UAE announced the "UAE Net Zero by 2050 Strategic Initiative", a national drive to achieve net-zero emissions by 2050, making the Emirates the first Middle East and North African nation to do so. At GITEX GLOBAL 2023, Faisal Ali Rashid, Senior Director, Energy Demand Side Management, UAE's Dubai Supreme Council of Energy, highlighted the successes in executing this mission.

Key Points: 
  • GITEX GLOBAL facilitates the biggest public-private partnership projects, with 250 government entities looking to collaborate on e-government and digital government initiatives.
  • In collaboration with etisalat by e&, Samsung introduced the Family Hub Refrigerator on the fourth day of GITEX GLOBAL.
  • GITEX GLOBAL and Expand North Star comprise a combined 41 halls spanning 2.7 million sq.
  • ft of exhibition space, a 40% growth year-on-year with 1,800 startups across Expand North Star and GITEX GLOBAL.

Quarterly Activities Report

Retrieved on: 
Monday, July 31, 2023

TORONTO, July 31, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The Company released its third annual Sustainability Report for 2022 and held a successful Annual General Meeting (AGM).
  • During the Quarter, Xanadu outlined an updated corporate strategy, released its third annual Sustainability Report for 2022 and held its Annual General Meeting.
  • On 4 May 2023, Xanadu issued its third annual Sustainability Report for 2022, highlighting our commitment to responsible and transparent ESG.11 This report further expanded disclosure and continued Xanadu’s ESG journey to be a leader in sustainable exploration.
  • Xanadu’s Annual General Meeting (AGM) was held on 29 May 2023 with resolutions including the following:
    Key activities planned during the quarter ending 30 September 2023 (September Quarter) include:
    Infill drilling for the Kharmagtai PFS including, Metallurgy and Geotechnical.

Global Quantum Computing in Drug Discovery Services Market 2023 to 2035: Featuring Accenture, Aurora Fine Chemicals, Amazon Web Services and Huawei Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, March 6, 2023

This report features an extensive study of the current market landscape and future potential of quantum computing in drug discovery services market.

Key Points: 
  • This report features an extensive study of the current market landscape and future potential of quantum computing in drug discovery services market.
  • Currently, there are several quantum computing related approaches that are being used in the drug discovery process alone, such as structure-based drug design, fragment-based drug discovery and ligand-based drug discovery.
  • As a result, the pharmaceutical industry stakeholders have started relying on the players offering services for quantum computing in drug discovery.
  • Who are the players in the quantum computing in drug discovery services market?

Creative Destruction Lab Seeking Start-ups to Apply for Quantum Stream

Retrieved on: 
Tuesday, January 17, 2023

Toronto, Ontario, Canada, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Toronto — With applications for the Quantum stream now open, ventures and teams are encouraged to apply for the Creative Destruction Lab (CDL) 2023/24 program year at University of Toronto’s Rotman School of Management (CDL-Toronto).

Key Points: 
  • Toronto, Ontario, Canada, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Toronto — With applications for the Quantum stream now open, ventures and teams are encouraged to apply for the Creative Destruction Lab (CDL) 2023/24 program year at University of Toronto’s Rotman School of Management (CDL-Toronto).
  • Ideal candidates include quantum software startups at all levels of maturity and hardware ventures with a basic prototype.
  • Within the sector of quantum simulation, startups aiming to reduce costs in chemistry or physics leading to new drug or materials discoveries are welcome to apply.
  • The CDL-Toronto Quantum stream is a place for early stage ventures that are exploring quantum technologies for computing, sensing, and communication looking to bring their scientific work out of the lab and build it into a scalable business.

Actinogen Medical (AGW): re-initation — Cognitive enhancer targeting key diseases

Retrieved on: 
Saturday, October 22, 2022

Actinogen is targeting two CI indications: for patients with mild CI in the early stages of Alzheimers disease (AD), and for patients with major depressive disorder (MDD).

Key Points: 
  • Actinogen is targeting two CI indications: for patients with mild CI in the early stages of Alzheimers disease (AD), and for patients with major depressive disorder (MDD).
  • Actinogen plans to start the Phase IIb portion on XanaMIA in patients with biomarker-confirmed early AD in H1 CY23.
  • We value Actinogen at A$651m or A$0.36/share, based on a rNPV analysis largely driven by Xanamem for early AD.
  • We apply a 12.5% probability for CI in MDD reflecting the cognitive improvement already shown in healthy patients.

Xanadu awarded DARPA grant to develop novel quantum compiler for NISQ-based machines

Retrieved on: 
Tuesday, July 20, 2021

TORONTO, July 20, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ), a full-stack quantum computing company developing quantum hardware and software solutions, has been awarded a Defense Advanced Research Projects Agency (DARPA) grant.

Key Points: 
  • TORONTO, July 20, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ), a full-stack quantum computing company developing quantum hardware and software solutions, has been awarded a Defense Advanced Research Projects Agency (DARPA) grant.
  • The grant will enable Xanadu to develop a unique general-purpose "circuit-cutting" compiler which can automatically break down a circuit into a multi-circuit hybrid modelleveraging both classical and quantum computingwhich will be ideal for near-term quantum computers.
  • This is Xanadu's second grant from DARPA, after successfully completing an initial grant on quantum machine learning using PennyLane.
  • Founded in 2016, Xanadu is building a fault tolerant quantum computer using silicon photonic hardware and offers users access to near-term quantum devices through the Xanadu Quantum Cloud.

Results of Annual General Meeting

Retrieved on: 
Thursday, June 17, 2021

TORONTO, Canada, June 17, 2021 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) advises that as required by ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), the results of Xanadu Mines Ltds Annual General Meeting held as a Hybrid Meeting today, are set out in the attached report and includes a summary of the poll voting results and votes by proxies on the items of business considered at the Annual General Meeting.

Key Points: 
  • TORONTO, Canada, June 17, 2021 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) advises that as required by ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), the results of Xanadu Mines Ltds Annual General Meeting held as a Hybrid Meeting today, are set out in the attached report and includes a summary of the poll voting results and votes by proxies on the items of business considered at the Annual General Meeting.

Xanadu closes $100M USD Series B to build a fault-tolerant photonic quantum computer

Retrieved on: 
Tuesday, May 25, 2021

TORONTO, May 25, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ),the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing.

Key Points: 
  • TORONTO, May 25, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ),the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing.
  • Xanadu was founded in 2016 to use particles of light for quantum computing to perform extremely fast and previously impossible computations at room temperature.
  • Over the last few years, Xanadu has consistently doubled its qubit count and made their quantum computers available over the Xanadu Cloud, which is the world's first photonic quantum cloud platform.
  • anadu is a Canadian quantum technology company with the mission to build quantum computers that are useful and available to people everywhere.

Board Addition at Xanadu

Retrieved on: 
Friday, April 9, 2021

TORONTO, April 09, 2021 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) wishes to advise the appointment of Tony Pearson as a Non-Executive Director of the Company, effective 3 May 2021.

Key Points: 
  • TORONTO, April 09, 2021 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) wishes to advise the appointment of Tony Pearson as a Non-Executive Director of the Company, effective 3 May 2021.
  • Mr Pearson is an experienced industry executive and company director who has lived and worked in Mongolia, China, Hong Kong, the Philippines and Indonesia.
  • He has a strong understanding of emerging jurisdictions, balanced with the need for western governance practices.
  • Colin Moorhead, Non-Executive Chairman, said Tony will make a strong addition to the Xanadu Board, which is now made up of a majority of Independent Non-Executive Directors.