Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Silex Systems (SLX) and project partners, Silicon Quantum Computing (SQC) and UNSW Sydney, have completed stage one of the Zero-Spin Silicon Project
  • The project is developing a process to commercially produce high-purity ‘Zero-Spin Silicon using Silex’s laser isotope separation technology
  • The silicon material will be commercialised for next-generation quantum computers, which are set to be significantly more powerful than today’s top-of-the-range computers
  • The partners will now move to the second stage of design, construction and operation, which is expected to completed by late 2021
  • Company shares are up 11.3 per cent and trading for 64 cents each

Silex Systems (SLX) and project partners, Silicon Quantum Computing (SQC) and UNSW Sydney, have completed stage one of the Zero-Spin Silicon Project.

The project is aiming to develop a process for the commercial production of high-purity ‘Zero-Spin Silicon’ (ZS-Si) using a variant of the SILEX laser isotope separation (LIS) technology.

Silex’s technology has the potential to efficiently produce ZS-Si to provide a secure supply for SQC so it can commercialise silicon-based quantum computing with UNSW Sydney.

“We are very pleased with the timely achievement of the first milestone in this world-leading collaboration — I want to congratulate the team for achieving an impressive start to the project,” Silex CEO Dr Michael Goldsworthy said.

ZS-Si is a unique form of isotopically enriched silicon. It’s set to be a critical product in fabricating next-generation processor chips to power silicon-based quantum computers. Quantum computers are expected to be significantly more powerful than even the most advanced of today’s conventional computers.

The partners are especially pleased as they have already managed to achieve an isotopic purity of at least 99.95 per cent in laboratory tests.

“If this process can be successfully scaled up in the next stage of the project, then we will be well on our way to potentially establishing a new business segment for Silex,” Dr Goldsworthy added.

The second stage of the project involves the design, construction and operation of scaled-up prototype equipment to validate the silicon LIS technology and scalability of the process. This stage is expected to be completed in late 2021.

The project is on track to utilise Silex’s LIS technology to produce high purity ZS-Si and to establish the manufacturing ability to scale-up production as silicon-based quantum computers gain momentum over the next 10 years.

Company shares are up 11.3 per cent and trading for 64 cents each at 12:10 pm AEST.

SLX by the numbers
More From The Market Herald
Biogene Technology (ASX:BGT) - CEO, Richard Jagger

" Bio-Gene (ASX:BGT) shares close green on new commercial deal

Bio-Gene Technology (BGT) has executed a licence and development agreement with Evergreen Garden Care.
Beam Communications (ASX:BCC) - Chairman, Simon Wallace

" Beam Communications (ASX:BCC) receives orders for 12,000 ZOLEO units

Beam Communications (BCC) has received orders for 12,000 extra ZOLEO devices manufactured under its joint venture entity.
Linius Technologies (ASX:LNU) - Incoming CEO, James Brennan

" Linius Technologies (ASX:LNU) shakes up executive board

Linius Technologies (LNU) has appointed a new Chief Executive Officer and Chief Technology Officer.
Nuix (NXL) - Outgoing Group CEO Rod Vawdrey

" Nuix (ASX:NXL) appoints new members to its board

Nuix (NXL) has seen a company reshuffle, appointing new members to its board.