•The 12CQ Project commences with the aim of building a carbon-basedquantum computing device (chip) capable of room-temperature quantuminformation processing that would form the future basis of a UniversalQuantum Computer. • Facilities Access Agreement executed with the University of Sydney,providing Archer access to the Research & Prototype Foundry CoreResearch Facility at the Sydney Nanoscience Hub: world-classinfrastructure, equipment, and engineers required to build the chip. • Dr Martin Fuechsle, Archer’s Quantum Technology Manager, is appointedHonorary Associate at the University of Sydney as part of the 12CQ Project,enabling direct access to publicly restricted library resources and chipfabrication instrumentation. • Successful development of the technology would represent a major globalbreakthrough in the quantum computing industry, estimated to reach$US29 billion by 20211 and linked to the $US500 billion2 semiconductormarket, catalysed by technical advances that allow for practicality,accessibility, and wide-spread consumer adoption3. • Archer holds an exclusive international licence to commercialise thetechnology and owns the critical materials required to build the chip, andintends to licence and directly sell the technology with patents filedprotecting the intellectual property (IP) in the US, EU, and Australasia.
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