Archer Minerals has signed a partnership with IBM to help advance work underway in developing a quantum qubit processor for wide-scale adoption of the technology.
Archer becomes hence the first Australian company to develop a quantum computing qubit processor and hardware. The company is joining the IBM Q Network, which is invitation-only and focuses on the development and use of quantum computing.
Archer is already advancing the commercial readiness of its 12CQ qubit processor chip technology towards a minimum viable product, of which it holds all the intellectual property rights.