AXE 1.52% 33.5¢ archer materials limited

I'll be flying down to Sydney to attend this years AGM 2105....

  1. 777 Posts.
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    I'll be flying down to Sydney to attend this years AGM 2105.
    I'll have a few engagements whilst there and a bit of R&R but I'll happily give a quick post on the Vibe of the meeting afterwards.

    It's been a tough year I think for everyone with just about everything but the kitchen sink thrown at us ! From Interest rate hikes, inflation data - supply and demand issues, Covid variants to Geo Political Tensions and more affecting Trading and Investments

    It is slowing going at the moment and there has been downward pressure on the AXE SP for sometime. In my opinion the company has been performing very well and the current SP is unjustified for the achievements to date. Trading and investing on the markets always comes with it's risks and hence why you shouldn't trade or invest more than you can afford to lose!

    Archer had almost 10,000 share holders from memory and many of these would be mum and dad investors. With Interest rate hikes likely forcing the hand of many holders and the uncertainty of World Events there would have been many reluctantly selling out or reducing their holding. For every seller there is a buyer though!

    Looking at the annual report compared to previous years, many in the Top 20 have increased their holdings - these are obviously Long Term Investments, but the day to day price swings and drops can be challenging to many and the important thing for many is protecting capital so you do what's right for you!

    Irreverent to what the market is doing, Archer is continuing to progress it's activities, it's well funded into the foreseeable future - actually .. at current spend rates over 2 years of funding so there is no problem with funding for some time yet! Greg English mentioned in previous announcements that Archer had "graduated" from the Startup Program with IBM and is no longer considered a startup company due to advancements in their technologies.
    Archer and IBM appear to still be in discussions on other projects and in light of further advancements I'd like to think these would be pretty serious discussions on other activities between the two.There is still a way to go but it's becoming more evident they have the right people at Archer with the skill sets to progress 12cq and Bio Chip towards commercialization.

    Certainly, Archer is in good company with Big Blue - IBM's recent announcement below regarding their 433 qubit machine is turning heads and although Archers 12cq wouldn't be in direct competition with their cloud based system it would certainly be a valuable mobile Quantum technology platform once fully developed! The mention in the presentation today that Geeris kindly pointed out regarding the Qubit based QRNG's for encryption gives one very good example to the value of Archers Technology in mobile devices. I would think in time when Quantum has matured .. every device would require these for safe passage of your data and banking apps. It may be a slow grind but I do see great potential for Archers Technology that would generate a good income in the years ahead!

    The Semiconductor space is a good space to be in and I think more investors .. as well as governments are starting to realize the importance of this vital industry. A company like Archer is new, but I think they have achieved an incredible amount of progress in a short time and looking forward to the progression and Australia advancing it's own Semiconductor Industry here.

    Some new Patent Applications I've noticed from Archer also- see below.. .
    Also I've noticed a new series on au Manufacturing in which Archer has agreed to contribute called "AUSTRALIA’S PLACE IN THE SEMICONDUCTOR WORLD" If the link doesn't work, hopefully you can find it by copying and pasting the title into your browser.


    Cheers
    Tonza

    https://hotcopper.com.au/data/attachments/4838/4838859-e8e37fa73bc45f06e715a4586b1b00e6.jpg


    newsroom.ibm.com/2022-11-09-IBM-Unveils-400-Qubit-Plus-Quantum-Processor-and-Next-Generation-IBM-Quantum-System-Two


    NEW YORK, Nov. 9, 2022 // -- IBM (NYSE: ) today kicked off the IBM Quantum Summit 2022, announcing new breakthrough advancements in quantum hardware and software and outlining its pioneering vision for quantum-centric supercomputing. The annual IBM Quantum Summit showcases the company's broad quantum ecosystem of clients, partners and developers and their continued progress to bring useful quantum computing to the world.

    "The new 433 qubit 'Osprey' processor brings us a step closer to the point where quantum computers will be used to tackle previously unsolvable problems," said Dr. Darío Gil, Senior Vice President, IBM and Director of Research. "We are continuously scaling up and advancing our quantum technology across hardware, software and classical integration to meet the biggest challenges of our time, in conjunction with our partners and clients worldwide. This work will prove foundational for the coming era of quantum-centric supercomputing."

    PR_body_ibm-quantum-development-roadmap-2022_52476203722_o.png

    At the Summit, the company unveiled the following new developments:

    ‘IBM Osprey’ - IBM’s new 433-quantum bit (qubit) processor

    IBM Osprey has the largest qubit count of any IBM quantum processor, more than tripling the 127 qubits on the IBM Eagle processor unveiled in 2021. This processor has the potential to run complex quantum computations well beyond the computational capability of any classical computer. For reference, the number of classical bits that would be necessary to represent a state on the IBM Osprey processor far exceeds the total number of atoms in the known universe. For more about how IBM continues to improve the scale, quality, and speed of its quantum systems, read .

    New quantum software addresses error correction and mitigation

    Addressing noise in quantum computers continues to be an important factor in adoption of this technology. To simplify this, IBM released a beta update to Qiskit Runtime, which now includes allowing a user to trade speed for reduced error count with a simple option in the API. By abstracting the complexities of these features into the software layer, it will make it easier for users to incorporate quantum computing into their workflows and speed up the development of quantum applications. For more details read .

    IBM Quantum System Two update – IBM’s next-generation quantum system

    As IBM Quantum systems scale up towards the stated goal of 4,000+ qubits by 2025 and beyond, they will go beyond the current capabilities of existing physical electronics. IBM updated the details of the new IBM Quantum System Two, a system designed to be modular and flexible, combining multiple processors into a single system with communication links. This system is targeted to be online by the end of 2023 and will be a building block of quantum-centric supercomputing — the next wave in quantum computing which scales by employing a modular architecture and quantum communication to increase its computational capacity, and which employs hybrid cloud middleware to seamlessly integrate quantum and classical workflows.

    New IBM Quantum Safe technology: As quantum computers grow more powerful, it is crucial that technology providers take steps to protect their systems and data against a potential future quantum computer capable of decrypting today's security standards. From offering the z16 system with quantum safe technology, to contributing algorithms in connection with the National Institute of Standards and Technology's (NIST) goal for standardization by 2024, IBM offers technology and services with these security capabilities. At the Summit, IBM and Vodafone announced a collaboration to explore how to apply IBM's quantum-safe cryptography across Vodafone's technology infrastructure. Client & Ecosystem Expansion: Growth of IBM Quantum Network: IBM also announced today that German conglomerate has joined the IBM Quantum Network to explore a variety of quantum use cases. Other recent additions to the network include multinational telco to explore quantum computing and quantum-safe cryptography, French bank to explore use cases in financial services, and Swiss innovation campus uptownBasel to boost skill development and promote leading innovation projects on quantum and high-performance computing technology. These organizations are joining more than 200 organizations — and more than 450,000 users — with access to the world's largest fleet of more than 20 quantum computers accessible over the cloud.

    PR_body_ibm-quantum-osprey-processor-open-angle-black-background_52476814366_o.png

    "The IBM Quantum Summit 2022 marks a pivotal moment in the evolution of the global quantum computing sector, as we advance along our quantum roadmap. As we continue to increase the scale of quantum systems and make them simpler to use, we will continue to see adoption and growth of the quantum industry," said Jay Gambetta, IBM Fellow and VP of IBM Quantum. "Our breakthroughs define the next wave in quantum, which we call quantum-centric supercomputing, where modularity, communication, and middleware will contribute to enhanced scaling computation capacity, and integration of quantum and classical workflows."

    Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.

    About IBM

    IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit

    aumanufacturing.com.au/australias-place-in-the-semiconductor-world-series-introduction

 
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