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Arqit Quantum Inc. and CableFree: Wireless Excellence Ltd announce integrated quantum-safe cellular technology products for Private 5G networks, enhancing security. The products combine CableFree's 5G Small Cell Radios with Arqit's Symmetric Key Agreement encryption technology, providing enhanced security for enterprises worldwide.
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End-of-Day
7.24%
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Arqit Quantum Inc. and Carahsoft Technology Corp. have announced a partnership to make Arqit’s unique Symmetric Key Agreement Platform available to US government agencies through Carahsoft’s reseller partners and various government contracts. Arqit’s platform aims to protect sensitive data from cyber adversaries employing 'store-now, decrypt-later' attacks and quantum computers. The partnership will enable government agencies to benefit from advanced cryptographic technology to ensure the resilience of critical systems.
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End-of-Day
1.86%
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Arqit Quantum Inc. has received ISO/IEC 27001 certification for information security and cybersecurity protection, demonstrating its commitment to securing data. The certification further validates Arqit's encryption technology, offering a standards-compliant, easily integrated solution to protect against cyber threats, including those from quantum computers. The 2024 Global Risks report from the World Economic Forum emphasizes the urgency for enterprises to secure high-value data, highlighting the obsolescence of legacy encryption. Arqit's Founder, Chairman, and CEO, David Williams, stresses the importance of urgent action to secure data for the long term, as cyber insecurity remains a top risk for organizations.
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-0.87%
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Arqit Quantum Inc. and Ampliphae Ltd have successfully completed the SEViN-5G project, delivering enhanced quantum-safe security for Private 5G networks. The project, funded by Innovate UK, leveraged Ampliphae's network security analytics technology and Arqit's Symmetric Key Agreement Platform to protect against current and future cyber threats. Private 5G networks are crucial for industries like manufacturing, healthcare, defense, and smart cities, and the project's completion marks a significant milestone in ensuring their security.
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Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) announced a reseller agreement with Phalanx Solutions for Arqit’s Symmetric Key Agreement Platform and NetworkSecure™ Adaptor. The agreement aims to address the growing threats from cyber adversaries by providing quantum-safe encryption technology to enterprises, compliant with NSA standards and secure against quantum attack.
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Rhea-AI Sentiment
End-of-Day
0.87%
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Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), BT Group (LSE: BT.A), and Fortinet (Nasdaq: FTNT) have announced the launch of a commercially available, integrated product for quantum-safe virtual private network (VPN) communications using Symmetric Key Agreement. The joint solution aims to protect sensitive data against quantum threats and man-in-the-middle attacks, with general availability initially for customers in the UK and EU regions.
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Rhea-AI Sentiment
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7.52%
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Babcock International Group (Babcock) (BAB.L) has developed SwarmCore technology, capable of controlling single or entire fleets of vehicles in a defence environment. The technology, demonstrated at the UK Ministry of Defence’s BattleLab site, is a collaboration with Arqit and supported by Innovate UK. SwarmCore can be operated autonomously or by remote human control, ensuring safe and secure data transmission and protection against cyber-attacks.
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-2.8%
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Arqit Quantum Inc. (ARQQ, ARQQW) reported $5.6 million in revenue and other operating income for fiscal year 2023. Revenue from the sale of QuantumCloud™ symmetric key agreement encryption technology increased in the second half. The company signed 13 channel partnerships, including 8 in the second half, and introduced new applications of QuantumCloud™ technology. Arqit's financial results show both positive and negative aspects, with revenue decline and increased operating loss being notable negative points.
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-6.9%
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Arqit Quantum Inc. (ARQQ) to Report Fiscal Year 2023 Financial Results on November 21, 2023. The global leader in quantum safe encryption will host a conference call with the Company’s Founder, Chairman, and CEO, David Williams, and CFO, Nick Pointon. A live webcast will be available on the Company’s website at ir.arqit.uk.
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End-of-Day
-14.75%
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Arqit Quantum Inc. and DETASAD announced the launch of Arqit's Sovereign Symmetric Key Agreement Platform in the Kingdom of Saudi Arabia. The platform integrates seamlessly into existing networks to create trusted connections and secure communication links. It is secure against current and future forms of attack on encryption, including from a quantum computer. DETASAD will be incorporating Arqit technology into its MadeinSaudi Smart Capacity Management to deliver state-of-the-art cybersecurity. The partnership aims to develop Saudi-specific solutions and pioneer a local R&D partnership. The ultimate vision is to translate locally created solutions into products for both the Saudi market and the global export market.
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Rhea-AI Sentiment
End-of-Day
3.56%
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Arqit Quantum Inc. Ordinary Shares
Nasdaq:ARQQ
ARQQ Rankings
ARQQ Stock Data
76.37M
56.34M
53.73%
11.39%
2.77%
Software Publishers
Information
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.