Archer Materials Shows Magnetic Field Measurement with Sensor Technology; Shares Up 6%

MT Newswires Live

07/10

Archer Materials (ASX:AXE) demonstrated magnetic field measurement at cryogenic temperatures using its tunnel magnetoresistance sensor technology, according to a Thursday filing with the Australian bourse.

The sensors were fabricated by the company's foundry partner and integrated into a cryogenic-compatible test platform as part of the 12CQ quantum project, the filing said.

Shares were up 6% in morning trade on Thursday.

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