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Arqit Quantum Inc. Ordinary Shares - $ARQQ STOCK NEWS

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Rhea-AI Summary

Arqit Quantum Inc. will announce their financial results for the six months ending March 31, 2024, on May 20, 2024. The company will conduct a conference call with key executives to discuss the results. Participants can join the call via webcast or phone.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.12%
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Rhea-AI Summary

Arqit Quantum Inc. and SoftIron have partnered to offer quantum-safe encryption solutions for secure data center deployments, with a focus on the defense sector. Arqit's Symmetric Key Agreement Platform is integrated into SoftIron's HyperCloud, providing optimal security, deployment speed, performance, scalability, and sovereignty. The partnership aims to benefit customers through enhanced security features and seamless migration to quantum-safe cloud tasks.

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Rhea-AI Sentiment
End-of-Day
-6.54%
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partnership
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Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) announced a collaboration with Intel to create the first Quantum-Safe, 1.89 Tb IPsec products. The partnership aims to offer out-of-the-box post-quantum cryptography solutions using Arqit's Symmetric Key Agreement Platform (SKA-Platform™) on Intel Xeon Scalable processors. The joint effort provides high-performance IPsec encryption to shield against quantum attacks while maintaining speed. Arqit Founder, Chairman, and CEO, David Williams, highlighted the importance of the collaboration in enhancing network security against evolving cyber threats, including quantum computing.

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Rhea-AI Sentiment
End-of-Day
-3.88%
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Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) successfully trialed the deployment of Arqit’s Network Secure product with the Satellite Applications Catapult to enhance cybersecurity in the satellite sector. The trial aimed to safeguard sensitive data from quantum computing threats, offering robust encryption technology that is easy to deploy. Both Arqit and the Satellite Applications Catapult highlighted the importance of preparing for future cyber threats in critical sectors like satellite communications.
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-1.8%
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Arqit Quantum Inc. announces that D2BW , owned by Arqit's Founder and CTO, will purchase 1,241,379 ordinary shares for $0.725 per share, totaling $900,000. The transaction is part of a larger agreement to purchase up to 7,586,206 shares. David Williams and David Bestwick now collectively own 30.5% of Arqit's total outstanding shares.
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Rhea-AI Sentiment
End-of-Day
3.68%
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Arqit Quantum Inc. provides clarification on Form 144 filings related to compensatory equity grants, ensuring transparency in 'sale to cover' transactions.
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Rhea-AI Sentiment
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-11.76%
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Arqit Quantum Inc. (ARQQ) partners with Traxpay GmbH and Lux Kapitalmarkt Management AG to provide trade and supply chain financing solutions using digital negotiable instruments (DNIs). This collaboration aims to enhance liquidity in the supply chain finance market by leveraging Arqit's TradeSecure™ application, Traxpay's SCF technology, and LuxAG's liquidity management solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.76%
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Rhea-AI Summary
Arqit Quantum Inc. (ARQQ) partners with Vayana TradeXchange to revolutionize international supply chains using digital negotiable instruments. The partnership aims to enhance cross-border trade finance in key global markets like India, Singapore, UAE, and UK. Vayana TradeXchange, a major player in trade financing, will leverage Arqit's TradeSecure technology to provide secure and efficient working capital solutions. The global supply chain finance market, estimated at $17 trillion, is set to benefit from the legal recognition of digital assets, driving growth and liquidity in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
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Rhea-AI Summary
Arqit Quantum Inc. partners with Total Computers to offer quantum-safe encryption technology to enterprises. Arqit's Symmetric Key Agreement Platform ensures secure data transmission against cyber threats, compliant with NSA standards. Total's comprehensive services now include Arqit's innovative encryption solutions, enhancing network security for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.1%
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Rhea-AI Summary
Arqit Quantum Inc. (ARQQ) receives two prestigious Glomo awards at Mobile World Congress for its quantum-safe encryption solutions. The company wins in the CTO Choice: Outstanding Mobile Technology Award and Best Mobile Security Solution categories. Arqit's unique software addresses quantum threats and complies with NSA standards, gaining recognition in the telecom industry.
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Rhea-AI Sentiment
End-of-Day
1.71%
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Arqit Quantum Inc. Ordinary Shares

Nasdaq:ARQQ

ARQQ Rankings

ARQQ Stock Data

69.84M
56.34M
53.73%
11.39%
2.77%
Software Publishers
Information
Link
United States of America
London

About ARQQ

Arqit supplies a unique quantum safe encryption Platform-as-a-Service which makes the communications links or data at rest of any networked device or cloud machine secure against current and future forms of attack – even from a quantum computer.