Tags: Archer

Archer Materials Ltd shares rise after signing quantum computing agreement with IBM

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Archer is building a world-first qubit processor technology for quantum computing operation that could potentially operate at room temperature and integrate into modern electronics. ’s () () (FRA:38A) shares are trading about 5% higher intra-day after executing a new quantum computing agreement with International Business Machines Corporation (). As part of the new agreement between Archer and IBM, Archer retains membership to the global IBM Quantum Network and the associated IBM Quantum Startup Program. The new agreement also gives Archer the opportunity to progress the work initiated under its previous agreement with IBM. Access to the most advanced quantum computers Archer is one of the first Australian companies developing quantum computing technology to have joined the invitation-only, IBM Quantum Network. The company is building the...
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Archer Materials Ltd and Max Kelsen strengthen collaboration to develop quantum computing algorithms

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The algorithms are key to the operation of Archer's 12CQ quantum computing chip and the two companies have outlined a detailed development roadmap for adapting IBM’s Qiskit Pulse toolkit to be used with 12CQ prototype chips. () () (FRA:38A) has strengthened its collaboration with Brisbane-based AI firm Max Kelsen to develop quantum computing algorithms relevant to the operation of the 12CQ quantum computing chip. The collaboration, which was announced in December last year, is a key step in the commercialisation of the 12CQ chip and aims to validate chip end-uses and high-value practical applications. Archer's CEO Dr Mohammad Choucair along with senior management recently travelled to Brisbane to meet the CEO and R&D teams of Max Kelsen to enhance the collaboration and learn more about the Max Kelsen business to explore strategic...
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Archer Materials Ltd makes progress with patent applications for 12CQ quantum computing qubit processor chip

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Receiving the Fist Office Actions is a key step in the process for the grant of a patent in the administering jurisdiction. () () (FRA:38A) continues to make progress with patent applications for its 12CQ quantum computing qubit processor chip and has received First Office Actions (FOAs) from the Patent Offices of the US, China and Australia. Receipt of the FOAs is a key step in the process for the grant of a patent in the administering jurisdiction. International patent applications (IPAs) associated with the 12CQ chip have been lodged in six jurisdictions including Korea, Europe and Hong Kong.  The European and Korean IPAs have progressed in the substantive examination procedures since October 2020, and more recently the Korean IPA, following the granting of the patent in Japan.  Archer Materials received its IPA in Japan in January...
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Archer Materials Ltd on path towards commercialising 12CQ® quantum computing chip and A1 Biochip™

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() () (FRA:38A) enjoyed a productive second half of 2020, progressing the development of its 12CQ® quantum computing qubit processor chip and A1 Biochip™ lab-on-a-chip technology. The company also advanced patents and international patent applications (IPAs) associated with the 12CQ chip as well as establishing commercial partnerships. Looking forward to 2021, the company will also continue to explore opportunities for the sale and divestment of its historical mineral exploration tenements, which will allow it to focus on technological developments. 12CQ chip The 12CQ chip is a world-first technology that Archer is building for quantum computing operation at room-temperature and integration onboard modern electronic devices. Rapid progress was made during the half-year with the technological development of the 12CQ chip to meet...
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Archer Materials Ltd takes big steps in advancing 12CQ quantum computing chip towards qubit control milestone

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The company has completed the preliminary stages of its quantum measurements towards qubit control by successfully characterising optimised and unoptimised QC Devices. Archer Materials Limited () (FRA:38A) has made significant progress in advancing the development of its 12CQ quantum computing chip, which is focused on achieving the major technological milestone of qubit control. It has completed the preliminary stages of quantum measurements towards qubit control by successfully characterising optimised and unoptimised QC Devices.  The information obtained, such as device response to ‘pulse sequences’, will greatly expedite further progress in the 12CQ qubit control measurements.  "Well-funded and on track" Archer chief executive officer Dr Mohammad Choucair said: “We are incredibly proud of these latest results which show that we...
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