Adelaide-based Archer Materials Limited has executed a new quantum computing agreement with IBM and will continue to work together on the advancement of quantum computing.
As part of the new agreement, Archer retains membership of the global IBM Quantum Network and the associated IBM Quantum Startup Program. The new agreement also gives Archer the opportunity to progress the work initiated under the previous agreement. Archer is one of the first Australian companies developing quantum computing technology to have joined the invitation-only, IBM Quantum Network.
Commenting on Archer’s collaboration with IBM, Archer CEO Dr Mohammad Choucair said: “We are at an early stage in terms of the work that needs to be done with IBM, so we are looking forward to our continued collaboration.”
“Archer is making crucial steps towards its goal of enabling practical quantum computing applications, and IBM is helping us get there.”
Archer’s ¹²CQ Chip is a world-first qubit processor technology that Archer is building for quantum computing operation at room-temperature and integration aboard electronic devices. For more information about Archer’s 12CQ progress, please visit https://archerx.com.au/our-business.