12CQ chip – could be used to build ‘gated’ semiconductor devices., page-15

have to admist, i know bugger all on quantum...but there is some serious wealth of knowledge on the AXE threads....hold a decent parcel and will continue to accumulate as even quantum novices understand the potential here..still kick myself with an uppercut every morning for not jumping onboard when SP was 0.08 in 2018.

The article below is what first alerted me to AXE`s potential...

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Archer Exploration (ASX: AXE) has executed a binding licence agreement with the University of Sydney’s Commercial Development and Industry Partnership program for exclusive rights to develop and commercialise intellectual property relating to its carbon-based quantum computing technology.

The technologyto be developed is a device, or chip, capable of quantum information processingat room temperature.

The materialswhich would form the critical componentry of the chip are currently availablein the inventory of Archer’s wholly-owned subsidiary and online graphite andgraphene marketplace, Carbon Allotropes.Archer said successful development of the technology would represent a majorglobal breakthrough in the quantum computing industry, estimated to reach $40billion by 2021.

The industryis linked to the $690 billion semiconductor market, catalysed by technicaladvances which allow for practicality, accessibility and widespread consumeradoption.

Quantum limitations

The advent ofnext-generation quantum computers is expected to impact industries which relyon computational power to run their activities including finance, cryptography,digital currencies, and artificial intelligence.

Thetechnology consists of a core device or chip manufactured from materials knownas qubits which are capable of processing the quantum information necessary tosolve complex calculations.

One of thebiggest challenges to the technology’s widespread use relates to keeping aqubit stable at room temperature while integrating it into electronic devices.

“They areextremely difficult to integrate into modern electronics,” said Archer chiefexecutive officer and founder of Carbon Allotropes Dr Mohammad Choucair.

“Simply put,they are limited in their practicality and use [due to the need to remain atlow temperatures].”

Mr Choucairsaid the IP being licenced by Archer is “a potential solution to theseproblems”, and gives the company a competitive advantage of being a firstmover.

“It isexciting to think of the possibilities quantum computing can offer and beingpart of something so revolutionary,” he said.

While keyterms of the agreement remain confidential, he said the technology at the heartof licenced IP will need to be realised through development.

The licencedIP has been filed by the University of Sydney through a patent co-operationtreaty application.

Archer has anoption to acquire it following the achievement of commercial milestones linkedto the technology development.

Market research

According toMcKinsey research, Australia, the European Union and North America made up 70%of the total $2.1 billion world spend on high-value quantum computing researchand development in 2015.

MorganStanley believes quantum technology could double the value of high-endcomputers to $13 billion by 2027, while investment bank Goldman Sachs haspredicted quantum computing could become a $40 billion industry by 2021.

Globally,quantum computing forms part of the mature semiconductor and electronic partsmanufacturing industry – a $690 billion revenue market which manufacturesapproximately 70% of its goods in Asia by the likes of Samsung, Intel andQualcomm

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agree this has the potential to be lifechanging for investors