Arqit selected to join Vodafone’s innovation centre Tomorrow Street: Scaleup X programme to explore new business opportunities

Rhea-AI Summary

Arqit Quantum (NASDAQ:ARQQ), a quantum-safe encryption leader, has been selected to join Tomorrow Street's Scaleup X programme for 2025. Tomorrow Street, Vodafone's Luxembourg-based innovation centre, will provide Arqit access to its global network and ecosystem.

Through this collaboration, Arqit will explore opportunities to implement its Symmetric Key Agreement (SKA-Platform™) and NetworkSecure™ solutions across Vodafone's ecosystem, focusing on securing critical communications and data against quantum computing threats. The partnership aligns with Arqit's strategy to expand its quantum-safe network security solutions in telecoms, critical infrastructure, and enterprise sectors.

Positive

• Access to Vodafone's global network and ecosystem through Tomorrow Street
• Potential for accelerated commercial deployment of quantum-safe solutions
• Strategic alignment with growing demand for quantum-safe network security

Negative

• None.

Insights

Cybersecurity Innovation Analyst

Arqit gains access to Vodafone's ecosystem through Tomorrow Street program, potentially accelerating quantum-safe encryption adoption across telecommunications networks.

This partnership represents a strategic positioning opportunity for Arqit in the quantum-safe encryption market. By joining Tomorrow Street's Scaleup X programme, Arqit gains privileged access to Vodafone's extensive telecommunications ecosystem and customer base across multiple markets. The significance here lies in the distribution channel expansion rather than immediate revenue impact.

Arqit's quantum-safe SKA-Platform™ addresses a growing cybersecurity concern as quantum computing threatens to break current encryption standards. Telecommunications providers like Vodafone represent ideal deployment vectors for such technology due to their central position in digital infrastructure. This partnership creates a potential pathway for Arqit to scale its NetworkSecure™ solution across Vodafone's network, which would represent significant commercial validation.

The timing aligns with the International Year of Quantum Science and Technology, which has heightened awareness around quantum computing threats. For context, many cybersecurity experts consider quantum-safe encryption implementation a multi-year transition that organizations should begin now, despite quantum computers not yet being capable of breaking current encryption at scale.

While this announcement doesn't guarantee commercial adoption, it positions Arqit within a valuable innovation ecosystem where its solutions can be evaluated by decision-makers across Vodafone's enterprise. For a company commercializing quantum-safe encryption, securing such distribution partnerships represents a critical step toward market penetration in telecommunications and critical infrastructure sectors.

LONDON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), a global leader in quantum-safe encryption, today announced that it has joined the 2025 cohort of Tomorrow Street’s Scaleup X programme. The collaboration provides Arqit with access to Tomorrow Street’s global network and ecosystem, creating opportunities to scale its technology across Vodafone’s ecosystem.

Tomorrow Street, Vodafone’s innovation centre based in Luxembourg, connects high-growth technology companies with partners and customers worldwide. Through Tomorrow Street’s Scaleup X programme, Arqit will explore opportunities to apply its quantum-safe Symmetric Key Agreement (SKA-Platform™) to support businesses in securing critical communications and data against evolving cyber threats, including those posed by quantum computing.

Participation in Tomorrow Street’s Scaleup X programme supports Arqit’s strategy to align its solutions with the growing demand for quantum-safe network security. By leveraging Tomorrow Street’s network, Arqit will engage with decision-makers across Vodafone and the Luxembourg business ecosystem to explore new opportunities for adoption of NetworkSecure™ and SKA-Platform.

Andy Leaver, Chief Executive Officer of Arqit, commented: “We are thrilled to join Tomorrow Street’s Scaleup X Programme. In the International Year of Quantum Science and Technology, there's global recognition of the urgent need to adopt quantum-safe encryption solutions. The ability to engage with Tomorrow Street's ecosystem provides a major opportunity to accelerate commercial deployments and deliver next-generation cyber security to customers across telecoms, critical infrastructure and enterprise sectors.”

Notes to Editors

About Tomorrow Street
Tomorrow Street partners with innovative young companies and scales their technology solutions across Vodafone’s global ecosystem. It is a joint venture between Vodafone Group and Luxembourg’s national technology incubator, Technoport.

The innovation centre, based at Vodafone Procure & Connect, hosts and supports the next generation of strategic suppliers for Vodafone and is a technology hub that attracts entrepreneurs and talent to the fast-growing technology sector in Luxembourg.

About Arqit

Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) supplies a unique encryption software service which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption – even from a quantum computer. Compatible with NSA CSfC Components and meeting the demands of NSA CSfC Symmetric Key Management Requirements Annexe 1.2. and RFC 8784, Arqit’s Symmetric Key Agreement Platform uses a lightweight software agent that allows end point devices to create encryption keys locally in partnership with any number of other devices. The keys are computationally secure and facilitate Zero Trust Network Access. It can create limitless volumes of keys with any group size and refresh rate and can regulate the secure entrance and exit of a device in a group. The agent is lightweight and will thus run on the smallest of end point devices. The product sits within a growing portfolio of granted patents. It also works in a standards compliant manner which does not oblige customers to make a disruptive rip and replace of their technology. In September 2024, Arqit was named as an IDC Innovator for Post-Quantum Cryptography, 2024. Arqit is winner of two GSMA Global Mobile Awards, The Best Mobile Security Solution and The CTO Choice Award for Outstanding Mobile Technology, at Mobile World Congress 2024, recognised for groundbreaking innovation at the 2023 Institution of Engineering and Technology Awards and winner of the National Cyber Awards’ Cyber Defense Product of the Year 2024 and Innovation in Cyber Award 2022, as well as the Cyber Security Awards’ Cyber Security Software Company of the Year Award 2022. Arqit is ISO 27001 Standard certified. www.arqitgroup.com

Media relations enquiries:

Arqit: pr@arqit.uk

Investor relations enquiries:

Arqit: investorrelations@arqit.uk

Caution About Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These forward-looking statements are based on Arqit’s expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Arqit’s control. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Arqit to predict these events or how they may affect it. Except as required by law, Arqit does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date this communication is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur. Uncertainties and risk factors that could affect Arqit’s future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: (i) the outcome of any legal proceedings that may be instituted against Arqit, (ii) the ability to maintain the listing of Arqit’s securities on a national securities exchange, (iii) changes in the competitive and regulated industries in which Arqit operates, variations in operating performance across competitors and changes in laws and regulations affecting Arqit’s business, (iv) the ability to implement business plans, forecasts, and other expectations, and identify and realise additional opportunities, (v) the potential inability of Arqit to successfully deliver its operational technology, (vi) the risk of interruption or failure of Arqit’s information technology and communications system, (vii) the enforceability of Arqit’s intellectual property, (viii) market and other conditions, and (ix) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F (the “Form 20-F”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on 5 December 2024 and in subsequent filings with the SEC. While the list of factors discussed above and in the Form 20-F and other SEC filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realisation of forward-looking statements.

FAQ

What is Arqit's (ARQQ) role in Tomorrow Street's Scaleup X programme 2025?

Arqit will explore opportunities to implement its quantum-safe encryption solutions across Vodafone's ecosystem and engage with decision-makers to drive adoption of NetworkSecure™ and SKA-Platform.

How will joining Tomorrow Street benefit Arqit (ARQQ)?

The partnership provides Arqit access to Tomorrow Street's global network and ecosystem, creating opportunities to scale its technology across Vodafone's ecosystem and accelerate commercial deployments.

What solutions will Arqit (ARQQ) offer through the Tomorrow Street partnership?

Arqit will offer its Symmetric Key Agreement (SKA-Platform™) and NetworkSecure™ solutions, focused on securing critical communications and data against quantum computing threats.

Where is Tomorrow Street's innovation centre located and who operates it?

Tomorrow Street is Vodafone's innovation centre based in Luxembourg that connects high-growth technology companies with partners and customers worldwide.