This expansion was , in part, achieved through associated neighbouring vineyard plantings by tax-effective vehicles managed investment schemes which were owned by retail investors and established to supply grapes to the winery. But the wine boom on which most of this corporate action was predicated was unsustainable. Big export predictions, mostly involving Normans, fell well short and the company was forced to discount.
Not only did the market turn against it. The damage bill for a winery fire in ran into millions and cost the company all its gold-medal-winning chardonnay. In this unique maritime climate, vines enjoy an abundant supply of water sheltered by forests of magnificent marri gum trees. Over the last 40 years there has been major investment in modern winemaking technology. A state of the art restaurant and cellar door was also constructed in the early s with extensive use of local granite and gneissic rock excavated during the planting of the original Lagan vineyard.
The expansion culminated in Xanadu being listed on the ASX in The family recognised the potential of Xanadu as having the combination of great viticulture, winemaking and tourism facilities and ultimately purchased it in Strawberry Fields provides the access point for Xanadu's unique photonic quantum computers, as well as a suite of special-purpose quantum simulators.
Xanadu's products have applications in many fields such as:. Chris McDowell. Business Development Lead. Christian Weedbrook. Chief of Staff. Machine Learning Lead. Sepehr Taghavi. Shivanu Thiyagarajah. Marketing Lead. Richard Wordsworth. February 14, Xanadu company. Overview Issues Contributors Activity. Funding rounds. Further reading.
Documentaries, videos and podcasts. Timeline May 25, May 25, January June May
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