Good morning, In this issue of Archer’s 2021 Newsletter, we highlight the importance of relocating Archer’s headquarters to the Lot Fourteen innovation precinct in Adelaide, and the Company’s progress in developing its 12CQ quantum computing chip.
Hardware and software firms working together at an early stage of technology development provides a foundation for success in the computing industry. Archer’s recent move to Lot Fourteen is a step in that direction, aligning the Company with quantum computing end users and potential collaborative partners.
Lot Fourteen is focusing on the high-growth industries of space, defence and hi-tech – encompassing cybersecurity, artificial intelligence, machine learning and big data. All of these high-growth industries could benefit from quantum computing and in some instances require integrated quantum processor hardware to reach their full potential.
We expect Archer’s 12CQ quantum processor chip technology to create entirely new quantum computing powered mobile devices that enable industry-wide innovation, and we are already actively working with global leaders in computing and AI to enable the operation of our 12CQ chip in high impact end-use applications.
There is an immense amount of value to be generated and captured from outperforming modern computing using mobile quantum devices, spanning autonomous tech, cybersecurity, AI and big data, blockchain, space, and finance.
Archer continues to make significant progress in the development of its 12CQ quantum chip, and I look forward to updating you on key technical advances, international patent prosecution, and collaborations with local and international industry members of the deep tech ecosystem.
Dr Mohammad Choucair, FRACI FRSN GAICD
Chief Executive Officer
Archer Materials Limited (ASX:AXE)