AXE archer materials limited

AFR analysis - Meme-stock fever spreads to more companies on ASX, page-182

  1. 1,768 Posts.
    lightbulb Created with Sketch. 334
    Looks like you are more educated than IBM.....???? or may be not...!!!!

    Archer Materials Limited is pleased to announce that the Company has executed a new quantum computing agreement with IBM. Archer and IBM will continue to work together on the advancement of quantum computing.

    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 the previous agreement. Archer is one of the first Australian companies developing quantum computing technology to have joined the invitation-only, IBM Quantum Network.

    Archer will continue to have access to IBM’s quantum computing expertise and resources, and open-source Qiskit software and developer tools. IBM will also provide Archer access to the IBM Quantum Computation Center, which includes the most advanced quantum computers commercially available to explore practical end-user applications.

    Commenting on Archer’s collaboration with IBM, Archer CEO Dr Mohammad Choucair said: “We are at an early stage in terms of the work that needs to be done with IBM, so we are looking forward to our continued collaboration.”

    “When we see what has been achieved in the quantum ecosystem to date, we are determined to actively engaging in, and contributing to, the global IBM Quantum Network.”

    “Archer is making crucial steps towards its goal of enabling practical quantum computing applications, and IBM is helping us get there.”

    About Archer’s ¹²CQ Chip

    ¹²CQ is a world-first qubit processor technology that Archer is building for quantum computing operation at room-temperature and integration onboard electronic devices. For more information about Archer’s 12CQ progress, please visit https://archerx.com.au/our-business.

    ¹²CQ® is a registered trademark of Archer Materials Limited.

    About IBM Quantum

    IBM Quantum is an industry-first initiative to build commercial universal quantum systems for business and science applications. For more information about IBM’s quantum computing efforts, please visit https://www.ibm.com/quantum-computing.

    IBM Quantum Network™ is a trademark of International Business Machines Corporation.

    About Archer

    A materials technology company developing innovative deep tech in quantum computing, biotechnology, and reliable energy. The Company has strong IP, world-class in-house expertise, a unique materials inventory, and access to Tier 1 technology development infrastructure.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $58.61M
Open High Low Value Volume
22.5¢ 24.0¢ 22.5¢ $89.25K 387.4K

Buyers (Bids)

No. Vol. Price($)
4 104441 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 56023 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.