AXE 4.17% 23.0¢ archer materials limited

Quantum Gold Rush, page-299

  1. 22,331 Posts.
    lightbulb Created with Sketch. 485
    http://archerx.com.au//src/uploads/2020/11/20201119_Progress-towards-qubit-control-ASX-Release.pdf
    "Progress towards qubit control

    Archer Materials Limited (ASX: AXE) is pleased to update shareholders on the significant progress that the Company has made in advancing the current stage of development of its 12CQ quantum computing chip (“chip”), which is focused on achieving the major technological milestone of qubit control.

    Commenting on progress towards qubit control, Archer CEO Dr Mohammad Choucair said: “We are incredibly proud of these latest results which show that we are making significant progress toward our goal of qubit control. Achieving qubit control is required for operational devices and would be major validation of the commercial viability of the 12CQ chip.

    “Archer is well-funded and on-track to continue its 12CQ chip technology development, with a key focus on demonstrating few and single-qubit control.”

    Archer has now built a number of the qubit control devices required for 12CQ chip development, optimising its first QC Devices. The Company has engineered and commenced operating the infrastructure and specialised equipment required to perform qubit control using various QC Device configurations (Image 1).

    The Company has completed the preliminary stages of its quantum measurements towards qubit control by successfully characterising optimised and unoptimised QC Devices. The information obtained (e.g. device response to ‘pulse sequences’) will greatly expedite further progress in the 12CQ qubit control measurements."
 
watchlist Created with Sketch. Add AXE (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
-0.010(4.17%)
Mkt cap ! $58.61M
Open High Low Value Volume
24.0¢ 24.0¢ 23.0¢ $43.07K 185.2K

Buyers (Bids)

No. Vol. Price($)
5 128618 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 146524 5
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.