26 Nov

Collaboration with Australian Institute for Machine Learning

Quantum Technology Archer Materials Limited (ACN: 123 993 233) 12 CQ Lot Fourteen, Frome Road, Adelaide SA 5000 ASX Announcement ( ASX: AXE ) 26 November 202 1 Archer to collaborate with the Australian Institute for Machine Learning Semiconductor company Archer Materials Limited (“Archer”, the “Company”, “ ASX: AXE ”) is pleased to announce that it has signed a non - binding memorandum of understanding (“ MOU ”) with The University of Adelaide . By signing the MOU the Company ha s entered into a strategic relationship with the Australian Institute for Machine Learning (“ AIML ”) that will focus on advanced materials development, device fabrication and characterisation, and the develo pment of quantum semiconductors relevant to Archer’s 12 CQ chip technology. Cooperation between Archer and AIML is intended to last 5 years and has broad scope, including : • Prototyping and testing of Archer’s quantum semiconductor components and devices that could be integrated into use towards machine learning, artificial intelligence, computer vision and deep learning. • Provid ing Archer access to talented scientists and researchers to carry out development work related to the Company’s 12 CQ c hip technology. • Conducting collaborative research and development and undertaking research translation which may result in outcomes in the form of patents and journal articles. Advanced materials, AI, and quantum technologies are all listed and identified as critical technologies of national interest by the Australian Government † . About AIML The Australian Institute for Machine Learning is a research institute with world class laboratory facilities within The University of Adelaide, dedicated to research in machine learning. AIML ’ s strengths lie in machine learning methods and methods related to machine learning including artificial intelligence, computer vision, natural language processing, visual question and answering, and deep learning. About The Unive rsity of Adelaide The University of Adelaide is a distinguished research - intensive university in South Australia, Australia , established in 1874 which offers high quality research, postgraduate and undergraduate degree programs with a range of educational a nd research activities. About Archer Archer is a technology company developing advanced semiconductor devices, including processor chips that are relevant to quantum computing. Archer is developing the 12 CQ chip, a world - first qubit processor technology , that c ould allow for quantum computing powered mobile devices (‘QPMDs’) . For mo re information, please view Archer’s webinar with IBM. † https://www.pmc.gov.au/resource - centre/domestic - policy/list - critical - technologies - national - interest Quantum Technology Archer Materials Limited (ACN: 123 993 233) 12 CQ Lot Fourteen, Frome Road, Adelaide SA 5000 The Board of Archer authorised this announcement to be given to ASX. General Enquiries Mr Greg English Executive Chairman Dr Mohammad Choucair Chief Executive Officer Tel: +61 8 8272 3288 Media Enquiries Mr James Galvin Communications Officer Email: hello@archerx.com.au For more information about Archer’s activities, please visit our: Website: https://archerx.com.au/ Twitter: https://twitter.com/archerxau YouTube: https://bit.ly/2UKBBmG Sign up to our Newsletter: http://eepurl.com/dKosXI
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