Both companies plan to create quantum chip working at room temperature, so they are direct competitors and they are both listed.
The question is: which one is more likely to win the race ? IonQ claims it will have the chip in 2023. Archer does not specify any date, but we know Archer has some patents.
We need to be aware of the race as it may have significant impact on AXE share price. We need to learn more how these 2 technologies compare.
So being AXE investor it is a critical knowledge.
Archer:
https://qubitreport.com/quantum-computing-technology-and-hardware/2021/02/22/archer-materials-12cq-chip-gains-evermore-likelihood-of-scalability/
IonQ
https://static1.squarespace.com/static/5e33152a051d2e7588f7571c/t/60459578b8c075444a656357/1615173012167/IonQ+Investor+Presentation+030721+vFF.pdf
Quantum chip at room temperature race: comparing Archer and IonQ
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