Archer Materials

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Archer Materials Limited
ASX
IndustryMaterials Technology
Founded2007
Headquarters
Wayville, SA
,
Australia
Number of locations
2
Area served
Australia
Key people
Mohammad Choucair, CEO
Websitehttps://archerx.com.au

Archer Materials (ASX)[1] is an Australian material technology company with headquarters in Wayville, SA.[2][3] It develops advanced materials in quantum computing, biotechnology, and lithium-ion batteries; and mineral exploration in Australia.[4][5][6]

History

Archer Materials was founded in 2007 as Archer Exploration Limited with its offices in Sydney and Adelaide. In August 2007, the company was listed on the ASX. Archer works on disease-detecting graphene ink biosensors,[7] and owns various exploration tenements, including a graphite deposit at Campoona, South Australia.[8] In October 2017, Archer Materials acquired Carbon Allotropes, a graphene and graphite online marketplace. [9] In April 2019, the business announced the commencement of the 12CQ Project, with the aim to build a world-first quantum computing chip that could operate at room-temperature,[10] using carbon nanospheres as the qubit material.[11][12] In May 2020, Archer became the first Australian company to enter the IBM Q Network and signed quantum computing agreement with IBM.[4][13][14] Archer subsequently began a collaboration on testing quantum neural networks with artificial intelligence firm Max Kelsen in January 2021.[15]

References

  1. "AXE: Archer Materials Limited". Australia Stock Exchange. 2 December 2019. Retrieved 2 December 2019.
  2. "A quantum leap: local success a good news story amid all the coronavirus gloom". The Australian. 24 May 2020. Retrieved 30 May 2020.
  3. "Archer Materials (ASX:AXE) teams up with IBM to advance quantum computing - The Market Herald". The Market Herald. 5 May 2020. Retrieved 30 May 2020.
  4. 4.0 4.1 "ASX-listed quantum computing hardware firm enters IBM club". Australian Financial Review. 4 May 2020. Retrieved 30 May 2020.
  5. "Archer Materials secures $2 million funding through SPP". Proactiveinvestors UK. 11 December 2019. Retrieved 30 May 2020.
  6. "Quantum technology to create 16,000 jobs". Information Age. Retrieved 30 May 2020.
  7. Kohut, Bob (10 November 2019). "Graphene Additives Making Their Mark". The Bull. Retrieved 1 December 2019.
  8. "Graphite in South Australia" (PDF). Government of South Australia. Retrieved 2 December 2019.
  9. England, Cameron (30 October 2017). "Adelaide graphite company Archer Exploration buys online marketplace". Retrieved 2 December 2019.
  10. Barbaschow, Asha (3 April 2019). "Australias Archer commences room temperature quantum chip build". ZDNet. Retrieved 2 December 2019.
  11. Johnston, Matt (21 October 2019). "Archer Exploration attempts to build room-temp quantum computer". itnews. Retrieved 2 December 2019.
  12. Duckett, Chris (13 November 2019). "Archer puts together a few-qubit array". ZDNews. Retrieved 2 December 2019.
  13. "Archer Materials hits 8-year high on signing quantum computing agreement with IBM". Proactiveinvestors UK. 5 May 2020. Retrieved 30 May 2020.
  14. Roberts, Peter. "Archer in quantum deal with IBM". Australian Manufacturing Forum. Retrieved 30 May 2020.
  15. Simcock, Lisa (9 December 2020). "Archer Materials (ASX:AXE) teams up with Max Kelson for CQ chip". The Market Herald. Retrieved 13 Jan 2021.

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