Hardware & electrical equipment
Archer Materials hits 8-year high on signing quantum computing agreement with IBM
Archer’s team and IBM staff will work closely together towards solutions for the widescale adoption of quantum computing technology.
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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Hardware & electrical equipment
Archer’s team and IBM staff will work closely together towards solutions for the widescale adoption of quantum computing technology.
Hardware & electrical equipment
The company has been granted a trading halt until Tuesday, May 5, or until an announcement is released to the market.
Archer is a technology company that is developing materials in quantum computing, biotechnology, and lithium-ion batteries as well as exploring for minerals in Australia
Hardware & electrical equipment
In-house expert Dr Martin Fuechsle has recorded a highly informative webinar answering many questions about ‘all things quantum computing’.
Rare earths & specialist minerals
As well as exploring for minerals, the company is primarily focused on developing materials in quantum computing, biotechnology and lithium-ion batteries.
The CSG material produced from the Eyre Peninsula Graphite Project has been successfully tested in lithium-ion battery prototypes.
The company is well capitalised to report about $2.2 million and no debt as at March 31.
Hardware & electrical equipment
Test work by a leading kaolin minerals industry laboratory confirms the presence and morphology of long tubes of halloysite with high aspect ratio.
The company is developing materials in quantum computing, biotechnology, and lithium-ion batteries.
The company is performing quantum measurements required to build an operational room-temperature qubit chip prototype which has the potential to reduce commercial barriers to quantum computing and make it globally accessible.
Rare earths & specialist minerals
Metallurgical test work is continuing for the remaining Franklyn project samples, with results expected in the next 2-3 weeks.
The company plans to ride the wave of the growing $27 billion biosensor market with its unique biosensor technology.
Hardware & electrical equipment
The Patent Cooperation Treaty (PCT) application will go through an examination process according to a set of standards accepted by all the 151 countries which are signatories to the treaty.
The new consultant is an experienced senior executive in corporate finance as well as mining and specialty industrial minerals.
Kaolin and halloysite are alumina-based clays, that can naturally occur intermixed, and are part of a $3 billion construction materials industry in Australia.
Hardware & electrical equipment
Archer has expanded its chip building capabilities by securing access to world-class infrastructure, equipment and engineers in Switzerland.
The company is developing materials technology in quantum computing, biotechnology and lithium-ion batteries as well as exploring for minerals.
Shares are up more than 16% to 18 cents, a new 12-month high for the company, which has a market cap of approximately $32.9 million.
Hardware & electrical equipment
Archer is focused on advancing both its materials technology business and its' minerals exploration business.
Greg English has purchased shares valued at $15,000 in the share purchase plan which raised $1.99 million.