• Signed a three-year agreement with IonQ for cloud access to quantum computers
• Aim to become the natural owner-operator of an IonQ system in Australia
• Developing quantum software and hardware with potential applications in various sectors
• Raised A$7.0m to fund the initiative

Archer Materials Ltd, Australia's only listed quantum pure-play, has entered into a strategic partnership with IonQ, a leading quantum platform company, to bring quantum computing to Australia. The three-year agreement includes cloud access to IonQ's Forte and Tempo-class quantum systems. Archer aims to become the natural owner-operator of an IonQ system in Australia, leveraging its quantum R&D and intellectual property. The company is also developing quantum software and hardware, with initial applications in fraud detection and quantum machine learning. Archer has raised A$7.0m to fund this initiative, positioning itself as Australia's first sovereign quantum platform.

FY26 revenue guidance for IonQ: US$260-270M (+104% YoY)

Archer Materials plans to develop a quantum ecosystem in Australia, focusing on cloud access, proprietary applications, and sovereign compute infrastructure.