Welcome to our dedicated page for Arqit Quantum news (Ticker: $ARQQ), a resource for investors and traders seeking the latest updates and insights on Arqit Quantum stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arqit Quantum's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arqit Quantum's position in the market.
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.75%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.56%
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Rhea-AI Summary
Arqit Quantum Inc. completes registered direct offering, raising approximately $16.2 million. Proceeds will support channel partnerships and general corporate purposes. Adjusted cash and cash equivalents as of August 31, 2023, is $46.3 million. Monthly operating costs reduced to approximately $3.2 million. Positive traction in onboarding major global technology vendors as channel partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
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Rhea-AI Summary
Arqit Quantum Inc. and Exclusive Networks North America announce a distribution agreement for Arqit's Symmetric Key Agreement Platform, providing protection against current and future cyber threats, including quantum computing. Arqit's platform simplifies and strengthens encryption, eliminating the need for complex public-key infrastructure and third-party trust. The US Government has directed agencies to implement symmetric-key protections for National Security Systems by December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.13%
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Rhea-AI Summary
Arqit Quantum Inc. announces a definitive securities purchase agreement for the sale and purchase of 12,820,513 ordinary shares and warrants in a registered direct offering. Existing shareholders also agree to purchase additional shares. The gross proceeds of the offering are expected to be approximately $16.2 million. The net proceeds will be used to support channel partnerships and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-33.33%
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Rhea-AI Summary
Arqit Quantum Inc. announces the launch of its third application product, Arqit WalletSecure™, a quantum-safe digital wallet for Ethereum-based transactions. The company aims to provide long-term security for the mainstream adoption of digital assets. Arqit has also entered into channel partnerships with major global technology vendors to integrate its software into their products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.73%
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Arqit Quantum Inc. and SecureCloud+ announce partnership and supply contract for high-grade security solutions.
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Rhea-AI Sentiment
End-of-Day
-3.51%
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Rhea-AI Summary
Arqit Quantum Inc. announces the availability of the world's first integrated solution for quantum-safe VPN communications through a technology alliance with Juniper Networks. The solution enables quantum-safe encrypted connectivity between customer locations, providing enhanced protection against cyber attacks and reducing the quantum threat.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.02%
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Rhea-AI Summary
Arqit Quantum Inc. and Sierra Nevada Corporation Mission Systems UK announced a strategic partnership to create high-grade security solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Summary
Arqit Quantum Inc. and Advanced International Electronic Equipment Company have announced a license agreement for Arqit's Symmetric Key Agreement Platform, QuantumCloud™. This partnership will provide enhanced levels of resilience, security, and privacy across open and closed networks, protecting against cyber threats. QuantumCloud™ is a crypto agile platform that creates encryption keys at any endpoint, removing the risks associated with key distribution. The agreement will strengthen AIEE's existing services in data protection and network infrastructure management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
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Arqit Quantum Inc.
Nasdaq:ARQQ
ARQQ Rankings
ARQQ Stock Data
73.31M
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.