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Archer Materials Ltd
ASX:AXE

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Archer Materials Ltd
ASX:AXE
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Price: 0.29 AUD -3.33% Market Closed
Market Cap: AU$73.9m

Archer Materials Ltd
Investor Relations

Archer Materials Ltd. focuses on developing and commercializing global industries of quantum technology, human health, and reliable energy. The company is headquartered in Adelaide, South Australia. The company went IPO on 2007-08-14. The firm is focused on developing and commercializing deep technology, including quantum computing and biotech. The firm is progressing the development of 12CQ quantum computing processor chip and A1 Biochip lab-on-a-chip technology. The 12CQ chip allow for quantum computing onboard mobile devices for speed ups and increased power in artificial intelligence, big data, and fintech applications. The firm is developing biochip using graphene-based materials as integrated circuits, to form the sensing elements in its biochip.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Mar 4, 2026
AI Summary
Q2 2026

Funding & runway: Cash of $10 million with a current burn of about $2 million a quarter; management does not expect burn to change significantly for the rest of the year.

Technology progress: Management says the business has moved from early research into development — alpha biochip prototypes exist and technical derisking on qubits and sensors has advanced.

Patents ramp: 40 patents filed globally and management expects to significantly ramp filings and to double this over the coming year.

Commercialisation focus: Biochip has unlocked early commercial discussions (pharma, medtech); biochip beta prototype targeted mid-year and clinical trials targeted for 2027.

Quantum milestones: Qubit readout progress and an initial qubit demo targeted mid-year; quantum machine learning (QML) project with CSIRO is 1 year from January with early indicators mid-year and a demo by end of 2026.

New applications pipeline: QML first use-case is fraud detection (financial); other target areas discussed include healthcare imaging, logistics, sensing (TMR) for defence/aerospace, lithium sensing in blood and agtech/industrial biochip use-cases.

Commercial partnerships: Early-stage commercial discussions have begun, especially for the biochip; broader partner/licensing discussions expected to accelerate after mid-year demos and data.

Key Financials
Cash
$10 million
Burn rate
about $2 million a quarter
Patents filed
40 patents filed globally
Qubit demonstration
Initial qubit demo targeted mid-year
Quantum machine learning demo
1-year project from January; early indicators mid-year, fuller demo by end of 2026
Biochip prototypes
Alpha prototype demonstrated; beta prototype targeted mid-year; final prototype toward end of year
Clinical trials (biochip)
Targeted for 2027
Other Earnings Calls
2026

Management

Mr. Gregory David English B.E., L.L.B., LLB
Executive Chairman of the Board
No Bio Available
Dr. Mohammad Choucair B.Sc., Ph.D.
Chief Executive Officer
No Bio Available
Mr. Damien Scott Connor AGIA, B.Com., C.A., CA, GAICD
CFO & Company Secretary
No Bio Available
Dr. Simon Ruffell
Chief Technology Officer
No Bio Available

Contacts

Address
SOUTH AUSTRALIA
Adelaide
Lot Fourteen, Frome Road
Contacts
+61882723288.0
archerx.com.au
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