Xanadu and Tower Semiconductor Deepen Strategic Collaboration to Accelerate Photonic Quantum Hardware Innovation
MWN-AI** Summary
On February 19, 2026, Tower Semiconductor, renowned for its high-value analog semiconductor solutions, and Xanadu, a pioneering company in photonic quantum computing, announced an expanded strategic collaboration aimed at accelerating innovation in photonic quantum hardware. This partnership builds on their prior successes and focuses on the manufacturing capabilities essential for developing fault-tolerant quantum computers utilizing Tower's advanced silicon photonics platform.
Together, Xanadu and Tower have created a tailored production flow for Xanadu's custom material stack, which accommodates both scalability and performance, vital for complex quantum information processing systems. Christian Weedbrook, CEO of Xanadu, emphasized that partnering with Tower has significantly facilitated the transition of their quantum hardware from concept to working prototypes within a robust manufacturing environment.
Dr. Ed Preisler, Tower’s Vice President, highlighted the scalable nature of Xanadu's architecture and the collaboration's potential to enhance various sophisticated sectors, including data centers and automotive applications. Both companies are currently focused on optimizing critical components, such as ultra-low loss silicon nitride (SiN) and integrated photodiodes, to validate Xanadu’s cutting-edge photonic circuit designs on a mature manufacturing platform.
As the quantum computing industry approaches commercial scale, this deepened collaboration is set to address the manufacturability needs of large-scale photonic quantum technologies. With this strategic partnership, both companies aim to lay the groundwork for more effective and accessible quantum computing solutions, demonstrating their commitment to innovation in this rapidly evolving sector.
The collaboration marks a significant step toward realizing practical and scalable quantum computing systems, paving the way for breakthroughs in technology applications across numerous industries.
MWN-AI** Analysis
The recent announcement of the deepened collaboration between Xanadu and Tower Semiconductor represents a significant milestone in the field of photonic quantum computing, potentially accelerating the development of commercially viable quantum hardware. This partnership leverages Tower’s advanced silicon photonics manufacturing capabilities, which are integral to Xanadu’s goal of scaling up its quantum systems.
Market participants should closely observe this collaboration, as it may indicate an imminent shift in the quantum computing landscape. As the technology matures towards commercial-scale systems, the strategic alliance positions both companies to capitalize on a rapidly growing sector. Quantum computing is projected to be one of the most disruptive technologies in the next decade, with applications across diverse industries including healthcare, finance, and logistics.
Investors should note that Tower Semiconductor stands to enhance its revenue streams by expanding its footprint in the quantum domain, thereby diversifying its existing analog semiconductor solutions. This partnership could also enhance its reputation for innovation, potentially attracting further partnerships or venture capital interest in related sectors.
On the other hand, Xanadu’s focus on fault-tolerant quantum computing could bolster its market valuation if it successfully translates its prototypes into commercially viable products. As quantifiable breakthroughs are achieved, Xanadu may emerge as a leader in quantum software and hardware, enabling a lucrative growth trajectory.
In terms of financial analysis, stakeholders should evaluate the potential for long-term growth vis-à-vis the inherent risks associated with the quantum computing sector—particularly technological feasibility and market adoption rates. As developments unfold, a keen monitoring of performance metrics and market trends will be essential for assessing investment opportunities in both companies.
In conclusion, the deepened collaboration between Xanadu and Tower Semiconductor is indicative of a pivotal moment in quantum computing that bears watching for potential growth opportunities and strategic investments.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Strengthening the manufacturing foundation for commercial-scale photonic quantum computing
MIGDAL HAEMEK, Israel, and Toronto, ON, February 19, 2026 - Tower Semiconductor, the leading foundry of high-value analog semiconductor solutions, and Xanadu, a leading photonic quantum computing company, today announced an expansion of their collaboration in developing advanced silicon photonics for fault tolerant quantum computers based on Tower’s high-volume silicon photonics platform. These developments build on prior collaborative technical achievements, including a series of successful joint tapeouts to test and refine Xanadu’s designs on Tower Semiconductor process flows.
Xanadu and Tower have co-engineered a unique production flow for Xanadu’s custom material stack, delivering a manufacturing-aligned, architecture-compatible platform for next-generation photonic quantum hardware. This custom stack is designed to sustain both scalability and performance as systems grow in complexity, meeting the requirements of large-scale quantum information processing.
"Our work with Tower has been instrumental in moving our hardware from concept to prototype to demonstrator systems within a scalable manufacturing environment," said Christian Weedbrook, Founder and CEO of Xanadu. "By combining our architectural breakthroughs, fabrication process engineering and design innovations with Tower's world-class technology and manufacturing expertise, we are building the foundation for a truly useful quantum computer."
“Xanadu is advancing one of the most scalable quantum architectures in the industry, and we’re pleased to deepen our collaboration to support manufacturable scale,” said Dr. Ed Preisler, Vice President and General Manager of RF Business Unit, Tower Semiconductor. “This reinforces the broad applicability of our platform across multiple advanced domains including quantum computing, data centers, telecom and automotive applications.
Current developments focus on optimizing the performance of critical components using standard product flows for ultra-low loss silicon nitride (SiN) and integrated photodiodes. These projects allow Xanadu to validate its cutting-edge photonic circuit designs on an established high-volume manufacturing platform. In addition, as the quantum computing industry advances toward commercial scale systems, this collaboration is set to meet the manufacturability requirements of large-scale photonic quantum computing.
For additional information about Tower Semiconductor’s SiPho technology platform, visit here.
For more information about Xanadu, please visit xanadu.ai.
About Tower Semiconductor
Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiPho, SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor currently owns one operating facility in Israel (200mm), two in the U.S. (200mm), and two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo and shares a 300mm facility in Agrate, Italy with STMicroelectronics. For more information, please visit: www.towersemi.com.
Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release.
About Xanadu: Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world's leading quantum hardware and software companies. The company also leads the development of PennyLane, an open-source software library for quantum computing and application development. Visit xanadu.ai or follow us on X @XanaduAI.
###
Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com
Tower Semiconductor Investor Relations Contact: Liat Avraham | +972-4-6506154 | liatavra@towersemi.com
Xanadu media contact: press@xanadu.ai
Attachment
FAQ**
How does Tower Semiconductor Ltd. TSEM plan to enhance its high-volume silicon photonics platform to support the growing demands of photonic quantum computing in collaboration with Xanadu?
In what ways can the partnership between Tower Semiconductor Ltd. TSEM and Xanadu improve the scalability of architectures for large-scale quantum information processing?
What specific architectural breakthroughs and design innovations from Xanadu are being integrated into Tower Semiconductor Ltd. TSEM’s manufacturing processes for photonic quantum hardware?
How will the advancements in ultra-low loss silicon nitride (SiN) and integrated photodiodes from Tower Semiconductor Ltd. TSEM impact the overall performance of Xanadu's photonic circuit designs?
**MWN-AI FAQ is based on asking OpenAI questions about Tower Semiconductor Ltd. (NASDAQ: TSEM).
NASDAQ: TSEM
TSEM Trading
-2.24% G/L:
$111.92 Last:
1,069,933 Volume:
$109.32 Open:
