Archer Materials (ASX:AXE) - CEO, Mohammad Choucair
CEO, Mohammad Choucair
Source: Archer Materials
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Archer Materials (AXE) has made progress in developing its ¹²CQ quantum computing processor chips
  • The company is applying advanced semiconductor device modelling to build sophisticated quantum bit, or ‘qubit’, control devices
  • Achieving control of few and single qubits is a key milestone in validating the viability of Archer Materials’ ¹²CQ chips
  • The company will continue working on its ¹²CQ chip development at its research and prototype foundry in Sydney
  • Archer Materials is up 3.95 per cent and trading at 79 cents per share

Archer Materials (AXE) has made progress in developing its ¹²CQ quantum computing processor chips.

Semiconductor devices, commonly referred to as ‘chips’, are an essential component of almost all technology applications. The company has been developing a world-first quantum computing chip and working on securing the related intellectual property in global markets. 

According to Archer Materials’ latest technical progress update, the company is applying advanced semiconductor device modelling to build sophisticated quantum bit, or ‘qubit’, control electronic devices with ¹²CQ chip qubits. 

The ability to detect and manipulate quantum information in miniaturised chip devices is essential to the operation of ¹²CQ chips. In particular, controlling qubits in Archer Materials’ ¹²CQ chip necessitates the design of new, incredibly complex quantum information control electronics to integrate with the ¹²CQ chip qubits. 

The company has now gotten to the point in its development process where these complex designs are being developed from first principles, modelled using specialised software, built and tested in one end-to-end process.

The development process has advanced to the use of electromagnetic finite element modelling, to build the qubit control devices. This sophisticated kind of modelling allows the company to achieve qubit control of few and even single qubits.

This level of control is a key milestone in validating the viability of Archer Materials’ ¹²CQ chips.

Archer Materials’ CEO, Dr Mohammad Choucair, commented on the company’s ongoing process to develop its ¹²CQ chips. 

“We are progressing with our ¹²CQ chip development by iterating new qubit control device designs and upgrading existing [control] prototypes to integrate with ¹²CQ chip qubits,” he said.

“Advanced device modelling is required to do this work, especially as we have the opportunity to account for qubit scalability early on, which is a key advantage over other qubit proposals,” he added.

Archer Materials will continue building new and complex qubit control architectures onto a chip to integrate with the ¹²CQ chip qubits at its $150 million research and prototype foundry in Sydney. 

Archer Materials is up 3.95 per cent, trading at 79 cents per share at 1:22 pm AEST.

AXE by the numbers
More From The Market Online

WA1 Resources jumps 6% on high-grade niobium from drilling at Luni

WA1 Resources has jumped 6.5% in morning trades as the market responds favourably to the company's…
The Market Online Video

Barton Gold taps investors for $4M to fund Tunkillia study; drilling

Barton Gold (ASX:BGD) has announced it's raising $4M to advance key project studies at its Tunkillia…
The Market Online Video

Lithium Plus heading towards feasibility works at Lei deposit; MRE growth potential flagged

Lithium Plus Minerals (ASX:LPM) has revealed the company is preparing to get underway with feasibility works…

FireFly Metals announces port access & expansion; CFO resignation

FireFly Metals has inked a Port Access Agreement with TSXV-listed Maritime Resources Corp (TSXV:MAE), enabling FireFly…