Last year Archer divested its mineral tenements and turned its full focus on to its quantum computing division, developing the 12CQ quantum computing chip – a world-first qubit processor technology that would allow for mobile quantum computing powered devices.
How long this could take to commercialise is the big question, but last month the company did announce that its chip is compatible with existing industrial foundry processes – a pretty big deal because you don’t need custom (i.e. expensive) fabrication.
“The results of the advanced simulations provides Archer with an initial avenue to designing qubit devices in a form suitable for scalable processing, and importantly, using existing chip production equipment found in many industrial semiconductor manufacturing foundries,” CEO Dr Mohammad Choucair said.
“Archer intends to use this modelling to determine which commercial semiconductor manufacturers to engage with regarding future fabrication.”
AXE Price at posting:
89.0¢ Sentiment: Buy Disclosure: Held
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