Ann: Appendix 4D and Half Year Financial Report, page-7

some insights re 12CQ development in this Half Year report.....



"Detecting quantum information in the 12CQ qubit material at room temperature using CMOS
technology" - AXE collaboration with EPFL designed the detectors which were then manufactured by TSMC.


"Validating the qubit material uniqueness using some of the most powerful supercomputers in the
world" - AXE collaboration with EPFL

"Nanofabricating devices that electrically integrate the qubit material" - AXE working at an Australian foundry

"Working with GlobalFoundries towards industry fabrication of 12CQ chip technology" - AXE a potential customer of GF


Adding the earlier milestone of detecting quantum information using HEMT chips (prior to the dates this report covers) also in collaboration with EPFL.

We see that EPFL has been a successful collaborator with AXE and continues to be.

TSMC made some CMOS detectors, which would be part of the research activities expenses I presume. Nothing to make a significant dent in budget.

Lastly, maybe I missed it but there's no mention of AXE owning 100% of the IP on the 12CQ in this report.... Unless this was just an oversight and omission ......(it does mention that AXE DOES own 100% of the Biochip IP. )
This seems to suggest that EPFL share some portion of the IP of these additional chip detectors that form the overall qubit processor technology. . I think it's prudent that AXE collaborates extensively. Without this there is no way to work as fast as possible to realise some reward to the unique qubit material that AXE has developed and validated. AIMHO.