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  • Archer Materials (AXE) has announced it’s a step closer to developing an operational room-temperature qubit processor prototype
  • Quantum computing qubit processors are similar to traditional computer chips, but with vastly improved power
  • Currently most similar technologies require ultra-low temperatures or are difficult to integrate in modern electronics, limiting ownership and use
  • The successful development of a room-temperature chip would represent a breakthrough for quantum computing-powered technology
  • The combination of physical, chemical, and structural properties of the chip has the potential to make quantum computing globally accessible
  • Archer Materials closed 2.7 per cent in the red, trading for 18 cents a share

Tech company Archer Materials (AXE) has announced it’s a step closer to developing an operational room-temperature qubit processor prototype.

Quantum computing qubit processors are similar to traditional computer chips, but with vastly improved power.

A qubit processor is the most crucial hardware component of a quantum computer – consisting of a core device (a chip) made from materials capable of processing quantum information (often called qubits) necessary to solve complex calculations.

Currently most similar technologies require ultra-low temperatures or are difficult to integrate in modern electronics, limiting ownership and use.

Archer uses a unique carbon-based qubit material that has the potential to enable chip operation at room temperature and can be integrated onboard modern electronic devices.

The CQ chip is being developed by Archer’s in-house team, led by CEO Dr Mohammad Choucair and Quantum Technology Manager, Dr Martin Fuechsle, who have been recognised internationally as pioneers in Nanotechnology and Quantum Computing, respectively.

The successful development of the CQ room-temperature qubit processor chip would represent a breakthrough solution to the widespread use and ownership of quantum computing powered technology.

The development of quantum computers is envisioned to impact industries reliant on computational power, including finance, cryptocurrency and blockchain.

The unique combination of physical, chemical, and structural properties of the CQ chip has the potential to reduce commercial barriers to quantum computing and make it globally accessible.

Archer CEO, Dr Mohammad Choucair, says, “We are strategically expanding Archer’s direct access to infrastructure, specialised measurement instruments, and internationally recognised researchers to accelerate performing the quantum measurements required to successfully develop the CQ chip.”

“We have secured important and significant access to specialist equipment and world renowned personnel through robust commercial agreements with world-class institutes.”

“As a result, the quantum measurements related to qubit control, which form the basis of the chip’s basic function, have commenced and are on track,” he concluded.

Archer Materials closed 2.7 per cent in the red, trading for 18 cents a share.

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