Archer Materials Limited (AXE.AX)
Archer Materials Limited operates in the Semiconductors industry of the Technology sector, headquartered in Adelaide, SA, AU. The stock last traded at $0.23, down 4.26% on the session, giving a market capitalisation of $63.1M. Its beta of -0.16 implies it has historically moved less than the broad market.
Archer Materials Limited is an Australian technology company dedicated to the advancement and commercialization of semiconductor devices and sophisticated processor chips. Its work primarily targets applications in quantum computing and medical diagnostics. Key projects include a revolutionary qubit processor chip designed to function at room temperature and integrate seamlessly into modern electronics, alongside pioneering graphene-based lab-on-a-chip technology. The firm, established in Adelaide in 2007, operated as Archer Exploration Limited until adopting its current name in October 2019.
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