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An announcement from Archer Materials Limited ( (AU:AXE) ) is now available.
Archer Materials Limited has made significant progress in improving the electron spin lifetime and uniformity of its quantum carbon film, reaching 800 nanoseconds at room temperature. This advancement brings the company closer to realizing quantum devices such as qubits and magnetic sensors, with ongoing work to translate these results to silicon or quartz chips and enhance their repeatability and uniformity. Collaborations with Queen Mary University of London and The École Polytechnique Fédérale de Lausanne are furthering the development of quantum properties, positioning Archer as a unique player in the quantum technology space.
More about Archer Materials Limited
Archer Materials Limited is a semiconductor company focused on advancing the quantum technology and medical diagnostics industries.
YTD Price Performance: -25.73%
Average Trading Volume: 218,454
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $75.67M
See more insights into AXE stock on TipRanks’ Stock Analysis page.