Quantum devices, graphene chips, patents and more

Good morning, in this edition of Archer’s Newsletter, we highlight some of the Company’s 2022 achievements and reflect on what has been a transformative year for Archer.

This year we provided insight into the complexity of our work, which is impossible to overstate, but we also conveyed that our endeavour, of necessity, has to be global. Limited vision and short horizons may make Archer staff’s working lives more comfortable, but it is not the prescription for what I believe the Company can become.

We aim high, but there are plenty of reality checks in the semiconductor sector and we know full well that for our vision to be seen as realistic, we needed to make significant progress in 2022, and we did:

• The HEMT device built to detect quantum information in our 12CQ qubit material, and then later the CMOS device, are primers for our potentially transformative quantum technology. The achievements were a result of over a decade of world-class R&D. It is direct proof that cuts through some of the hype surrounding quantum.
• Just a few weeks ago we announced we had used some of the world’s most powerful supercomputers to provide the most accurate and efficient models of our qubit material, validating some remarkable quantum phenomena that will ultimately help us build our 12CQ chip. 
• Last month, Archer developed and built an early-stage operational biochip system platform incorporating wettable graphene transistors, that could potentially pave the way for on-chip multiplex diagnostics. 
• Throughout the year, patents in Europe, Australia, and Hong Kong related the 12CQ technology were granted, meaning all the patent applications in the current 12CQ chip portfolio have now been granted, including in the US, China, Japan, and South Korea.

I am confident about our ability to execute on our plans moving forward. Our progress to date – the devices we are building and the patents we’ve generated – testify to this.

We saw 2022 as a year in which Archer Materials’ work would prime it ultimately to become a global semiconductor company. This vision is very simple but it is also very powerful and I believe that there are investors and other observers who appreciate the focus and quality that Archer brings to this goal.

I would like to thank our shareholders for their continued support. Nearly every step forward is a step into the unknown. But ultimately progress only comes by taking those steps.

I wish you all a wonderful 2022 and I look forward to an exciting 2023.

Sincerely,

Dr Mohammad Choucair, FRACI FRSN GAICD
Chief Executive Officer
Archer Materials Limited (ASX: AXE)

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