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Archer Materials ( (AU:AXE) ) has provided an update.
Archer Materials has successfully demonstrated the functionality of its tunnel magnetoresistance (TMR) sensor technology at cryogenic temperatures, which is a significant milestone for its 12CQ quantum project. This development enhances quantum readout capabilities and noise characterization in low-temperature environments, potentially expanding the use of TMR sensors across various quantum computing platforms and advanced sensing markets. The achievement could lead to improved noise mitigation strategies and better quantum coherence times, supporting the growth of next-generation quantum computing and sensing technologies.
More about Archer Materials
Archer Materials Limited is a semiconductor company that is advancing the quantum technology and medical diagnostics industries.
Average Trading Volume: 257,365
Technical Sentiment Signal: Sell
Current Market Cap: A$66.26M
For detailed information about AXE stock, go to TipRanks’ Stock Analysis page.