Archer Materials Ltd (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) has relocated its head office to the Lot Fourteen innovation precinct in Adelaide, South Australia.
The company relocated to Lot Fourteen as part of its strategy to align with quantum computing end users.
Shares have been as much as 10% higher intra-day to A$0.76 while Archer Materials' market capitalisation is approximately A$156 million.
Impressive list of high-growth industries
Archer joins an impressive list of organisations at Lot Fourteen, including the Australian Space Agency, the Australian Institute for Machine Learning, Stone & Chalk and the Australian Cyber Collaboration Centre (A3C).
Earlier this year, the Australian Space Discovery Centre and Mission Control Centre opened their doors at Lot Fourteen.
Lot Fourteen is focusing on the high-growth industries of space; defence; hi-tech, encompassing cybersecurity, artificial intelligence, machine learning and big data; and creative industries.
It has already attracted world-leading organisations from these industry sectors.
New address
The company’s new registered office and principal place of business address details are:
New office address: Lot Fourteen, Frome Road, Adelaide SA 5000
Its new postal address is: PO Box 190 Belair SA 5052.
All other contact details remain unchanged.