Archer Materials granted patent protection in Europe for 12CQ quantum computing chip
(ProactiveInvestors) Archer Materials Ltd (ASX:AXE, OTC:ARRXF) has extended patent protection of its 12CQ quantum computing chip technology with the granting of a European patent grant.
This patent provides protection in a further 12 countries including the UK, France and Germany, and expands on existing patents granted in the US, China, South Korea and Japan.
It is a major step in the company’s efforts to participate in Europe’s multi-billion-dollar quantum computing ecosystem.
These patents protect a proposed qubit processor chip that offers a path to realise practical quantum computing with Archer Materials being the only ASX-listed company and one of a few players in the world developing qubit processor chip technology in the semiconductor industry.
The countries in which the European Patent is to have effect are Belgium, Switzerland & Liechtenstein, Germany, Spain, France, the United Kingdom, Italy, Turkey, the Netherlands, Sweden and Ireland.
The company considers these jurisdictions as critical strategic markets to protect and potentially commercialise its IP.
European Patent protection is required for any possible future commercialisation operations in the jurisdictions and also provides Archer with access to Europe’s largest economies to exploit IP rights related to the 12CQ chip.
Archer works closely with world-leading Swiss technology institute EPFL to develop its 12CQ chip. As the chip development progresses the company will need access to overseas laboratories, people, partners and customers and will look to collaborate with other European companies, institutions and governments.