AXE 4.92% 29.0¢ archer materials limited

Cooling quantum computers, page-19

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    Microsoft is a big player with plenty of capital to throw at this development in a unique Quantum space utilising silicon.

    I am more concerned with the current levels of investment in moving from theoretical to a working proto-type.

    The 4C shows $460k per quarter staff costs which I would assume is R&D, with 12 quarters of cash at hand.

    That is all well and good, however, this needs to be scaled to really turbo-charge development toward building a proto-type. It is a race.

    So, IMO, need to have a significant amount of capital to move through the development stage, we need a cornerstone investor with deep pockets or partnerships with a major.

    The patent is very positive and paves the way to achieve this.

    IMO, DYOR

 
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