08:50 AM EDT, 03/16/2026 (MT Newswires) -- TELUS ( TU ) and Xanadu Quantum Technologies said Monday the companies have signed a Memorandum of Understanding to collaborate on development of sovereign hybrid quantum-classical computing infrastructure in Canada.

Under terms of the MoU, the companies intend to explore the development of a data center combining Xanadu's photonic quantum computing with TELUS' ( TU ) Canadian-controlled sovereign infrastructure.

The collaboration aims to provide Canadian enterprises, researchers and government organizations with access to quantum computing capabilities while keeping critical data and intellectual property under Canadian control, the companies said.

TELUS ( TU ) shares were up 1.5% in Monday premarket activity.