Hardware & electrical equipment
Archer Materials and IBM to hold joint quantum computing webinar next month
Representatives from Archer and IBM will discuss the development of quantum computing and its applications.
Company
ASX:AXE
Archer is a quantum technologies company developing solutions for next-generation computing, advanced sensing, and breakthrough medical applications.
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Representatives from Archer and IBM will discuss the development of quantum computing and its applications.
Hardware & electrical equipment
Archer shares recently surged on a technological breakthrough with the building of quantum devices required for initial qubit control measurements.
Hardware & electrical equipment
Quantum control measurements are a world-first and successful development would be early-stage validation of 12CQ chip operation.
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As part of its commercial strategy, the company’s CEO and senior management will virtually attend London Tech Week from September 1-11, together with international delegations of high-growth-potential technology companies.
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The application is undergoing substantive examination procedures and next steps involve procedural matters related to formal compliance and amendments.
Rare earths & specialist minerals
Microscopy and microanalysis confirm the presence of halloysite at Kelly Tank, Bunora and Bunora East prospects, where the company intends to undertake further value-added activities towards commercialisation.
Hardware & electrical equipment
Successful completion of quantum control measurements, which are underway, would be major validation of the commercial viability of Archer's 12CQ chip
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The company is progressing towards completion of the transaction for the sale of its Leigh Creek asset.
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The application is aimed at protecting and commercialising intellectual property associated to the company’s 12CQ technology.
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The materials technology company has the expertise to pursue several commercial pathways from supply of materials through to applying them to quantum computing technology.
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“Directly proving room-temperature conductivity of the 12CQ chip qubit component solidifies our global competitive advantage and advances our development towards a working chip prototype,” says CEO Dr Choucair.
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“We have rapidly advanced from raw material feedstock to prototypes of a portable battery-powered sensing device that can incorporate biological material,” says CEO.
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The investor base has significantly increased over the past quarter and the presentation provides a detailed insight into Archer’s key areas of activity.
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The company aims to gradually explore its gold projects or seek a partner to expedite exploration of the tenements.
Mining investments in Australia rose 4.2% in the March quarter – the biggest lift in 7½ years.
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The funds raised from the SPP will be used to increase the pace of current work programs and assist in hiring additional staff.
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The CSIRO roadmap focuses on activities that can begin immediately to enable development, demonstration and commercialisation of emerging quantum technologies.
The company has performed strongly this month with shares rising from 18 cents to 78 cents on strong daily volumes.
Resulting halloysite and kaolin samples will be sent to potential downstream customers for product testing and verification purposes.
Hardware & electrical equipment
The company has strong intellectual property, world-class in-house expertise, a unique materials inventory, access to over $300 million of technology development infrastructure and broad-scope mineral tenements.