What is happening, page-3421

Great article @rambleon thank you. And some astute observations from @Mallyrock , yes, thanks to being a listed company we shareholders get to read some technical detail rich updates. Nowhere to hide. Private companies can just give the glossy headlines but we know that the quantum computing quest is not as straightforward as it is sold sometimes. The reason being that no two quantum computing approaches are the same. Cannot compare rate of progress or even future adoption rate in market. As this article points out - But fundamental research without specific intended uses needs to continue, with international collaboration, and the government needs to invest broadly, Prof Jagadish said."We still don't know which out of those multiple quantum technologies being pursued, both in Australia and globally, ultimately are really going to take off," Prof Jagadish said

However Mo does acknowledge that tax incentive funds and the research and prototype foundry AXE has access to have helped create and maintain the technical moat that no one can cross on a whim. To have the right domain expertise that can take advantage of this moat is a great place to be.
AXE has nanofabrication specialists, quantum hardware engineers, production engineers, foundry managers. Together with the facilities they work in this is investment in a future that still has not been mapped out by any one quantum industry player. But the investment is worth it. This is why when talking about AXE Mo mentions the high end facilities and the high calibre people. To his way of thinking, these two factors have produced some technical progress that's worth putting a value on. It's just that we have to let the market do this for now and it's too early for even informed (local) analysts to accurately value an R&D ASX listed company like AXE. If our government is investing dollars elsewhere, is there some prospect of more foreign investors seeing the value in AXE? Looks like that could be the case. hence why Mo welcomes the FIRB keeping an eye on foreign investment. It is welcome, but will have some limits. AXE is being transparent about its tech, enough to entice other interest? And is the FIRB classifying AXE quantum tech as "...significantly enhancing Australia's national interest" ?