In an exciting step for the Australian quantum technology ecosystem; small-cap, deep-tech company Archer Materials Limited (“ASX: AXE”) has announced a collaboration agreement with Max Kelsen, a Queensland-based AI and machine learning business and recent AWS Partner of the Year.
Both Archer and Max Kelsen are members of the global IBM Q Network, with Archer focused on developing the 12CQ room-temperature quantum chip and Max Kelsen currently using machine learning and AI for technology optimisation and solutions for government and enterprise.
The collaboration is a crucial step in the development of functional room-temperature quantum devices, as the principal purpose of quantum computing processors is the use of algorithms that significantly outperform modern computers and as a result, provide enormous advantages across global industries.
Commenting on the collaboration, Archer CEO Dr Mohammad Choucair said: “As part of Archer’s forward-looking strategy, the collaboration with Max Kelsen – a leading AI and Quantum Computing firm – is a key step forward in the commercialisation of our 12CQ chip technology.
“It’s a great example of how two Australian IBM Q Network Members are working together to realise the commercial potential of quantum computing.
“We will use IBM’s Qiskit and quantum machines to validate our work, and once validated, Archer intends to apply the end-user cases, algorithms and Qiskit to 12CQ chip hardware, which demonstrates the increasing value our partnerships bring as we progress in our development.”
As IBM Q Network members, Archer and Max Kelsen will use IBM’s Qiskit open-source programming framework and cloud-based quantum computers to implement novel quantum algorithms that validate practical quantum computing applications.
Nicholas Therkelsen-Terry, CEO and Co-founder of Max Kelsen commented on the agreement: “Max Kelsen is excited to enter into collaboration with Archer Materials to develop novel algorithms to support the use of Quantum Computing in AI development.
Whilst attention has been centered on the hardware race to develop a fault-tolerant, high-qubit architecture, insufficient attention has been given to the importance of algorithms and software to run on these future machines. This collaboration will contribute to the growing global effort to develop industry-leading algorithms and software for future quantum computers.
We are also excited to be working with an Australian quantum chip developer and improving our understanding of the capabilities of the 12CQ room-temperature quantum chip for machine learning and AI use cases.
This partnership extends Max Kelsen’s ongoing commitment to leading the advancement and realisation of Quantum Computing technologies”
The collaboration will see Archer staff work directly with the quantum computing team at Max Kelsen to develop industrially relevant business use-cases of the 12CQ technology. This will involve the use of quantum processors to run quantum algorithms that have real-world applications, such as Quantum Artificial Neural Networks.
The agreement is another example of Australia’s innovation and effort in the quantum computing arena, an industry recently forecasted to be worth $4 billion in Australia alone, over the coming decades according to the CSIRO.