Good Morning, Archer is a materials technology company with a focus on developing innovative deep tech in the key areas of quantum technology, human health, and reliable energy. Recently, Boston Consulting Group (BCG Henderson Institute) teamed up with Hello Tomorrow to produce a seminal report titled The Dawn of the Deep Tech Ecosystem.
The report provides a detailed analysis of the defining characteristics of deep tech companies and where maximum value exists in the rapidly growing global deep tech economy – an economy that Archer operates in. The analysis reports on data drawn from 1,500+ startups in Hello Tomorrow’s annual Global Challenge.
At a glance
Deep tech companies:
- Leverage technological breakthroughs and require intense development. The underlying intellectual property is either hard to reproduce or well protected, creating a valuable competitive advantage or barrier to entry.
- Vary with technology, and can require large-scale infrastructure, world-class facilities, equipment, technical expertise, R&D, people and IP, at the forefront of what is possible technologically today, to support pre-market development which can take years.
- Maximise value by progressing technology development and are long-term value driven. Prototyping through to commercialisation may take years and involves value-creation models incorporating technology with potential to shape entire economies.
- Are at the center of dynamic global ecosystems. Deep techs are adopting business models that value collaboration over competition. Ecosystems are coordinated by large companies and if successful, then individual participants are successful as well.
Dr Mohammad Choucair, FRACI FRSN GAICD
Chief Executive Officer
Archer Materials Limited (ASX:AXE)