Archer Materials Launches Quantum Commercial Pilot

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Archer Materials (ASX:AXE) launched the quantum commercial pilot, which will allow organizations in Australia to test computationally significant problems on the quantum computing hardware of its strategic partner, IonQ, according to a Monday Australian bourse filing.

The organizations include industry, government, universities, startups, and cross-sector consortia, and applications close Oct. 15. Selected participants will be provided compute time on IonQ Forte Enterprise.

Its shares rose 2% in recent trading on Monday.

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