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Archer Materials Limited (ASX:AXE)

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Current share price for AXE : $0.225 -0.075 (-25%)+
Announcement
Release
15 Oct 2025 12:45PM
Price at Release
$0.300
Full Release
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Summary
Archer Materials Limited has made significant advances in its qubit development efforts, building on its previous breakthrough in electrically detected magnetic resonance (EDMR). The company's progress includes achieving reproducible device performance and scaling the synthesis of its carbon-based quantum materials to a wafer scale, demonstrating their potential for practical scalability and CMOS compatibility. Archer is also collaborating with Queen Mary University of London to further advance spin state identification in its carbon films, with the aim of operational qubit demonstration by mid-2026. These developments position Archer at the forefront of quantum computing and sensing innovation, with strategic collaborations and government funding driving its advancements.
Key Points
  • Archer achieves key milestones on qubit demonstration.
  • Advancements build on earlier EDMR breakthrough.
  • Successful wafer-scale synthesis of carbon material.
  • Reproducible device performance in SET architectures.
  • Collaboration with Queen Mary University for spin state identification.
  • Targeted qubit demonstration in mid-2026.
  • Strategic collaborations and government-funding initiatives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.