BUZZ-Australia's Archer Materials jumps on CSIRO deal to detect fraud

Reuters

2025/11/10

BUZZ-Australia's <a href="https://laohu8.com/S/AXE.AU">Archer Materials</a> jumps on CSIRO deal to detect fraud

** Archer Materials AXE.AX jumps as much as 14.5% to A$0.435; marks biggest intraday percent gain since October 31

** Technology co signs agreement with Australia's National Science Agency, CSIRO, to develop quantum machine learning system to detect frauds in financial transactions

** Says project will run from November 2025 to November 2026

** AXE, YTD down 25.9%

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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