Archer Materials Limited (ASX: AXE) is pleased to report on its activities for the three-month period ending 31 December 2020.

Highlights:

  • The Company is well capitalised with approximately $6.93 million cash and no debt.
  • Quantum computing collaboration established with leading AI firm Max Kelsen.
  • First stages of 12CQ® quantum computing chip control measurements completed.
  • 12CQ® chip build fast-tracked with world-first qubit modelling.
  • A1 Biochip™ lab-on-a-chip biotechnology development commenced.
  • Sale of two Eyre Peninsula tenements for $2.0 million-plus bonus payment.
  • Campoona Graphite Project fully permitted.

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