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Arqit Quantum Inc (ARQQW) is a cybersecurity company providing a unique quantum-safe encryption Platform-as-a-Service. Their symmetric key agreement technology secures communication links and data against cyber attacks, including those from quantum computers. Arqit's QuantumCloud allows devices to create secure keys, operating in the cybersecurity services sector via satellite and terrestrial platforms.
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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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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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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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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.
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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.
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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.
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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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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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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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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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FAQ
What is the current stock price of Arqit Quantum Warrants (ARQQW)?
The current stock price of Arqit Quantum Warrants (ARQQW) is $0.0997 as of November 1, 2024.
What does Arqit Quantum Inc specialize in?
Arqit specializes in providing a quantum-safe encryption Platform-as-a-Service to secure communication links and data against cyber attacks, including quantum threats.
What is Arqit's key technology?
Arqit's key technology is a symmetric key agreement technology delivered through QuantumCloud, enabling devices to create secure keys and operate in the cybersecurity services sector.
How does Arqit protect against cyber attacks?
Arqit's technology secures communication links and data at rest of any networked device against current and future forms of cyber attacks, even from quantum computers.
What is the revenue source for Arqit?
Arqit generates key revenue from the UK through the provision of cybersecurity services via satellite and terrestrial platforms.
What sets Arqit Quantum Inc apart from competitors?
Arqit stands out for its innovative quantum-safe encryption technology and unique symmetric key agreement platform that ensures secure communication links and data protection.
How does Arqit Quantum Inc deliver its technology?
Arqit delivers its technology through QuantumCloud, allowing devices to download a lightweight software agent to create secure keys in partnership with other devices.
What segments does Arqit operate in?
Arqit operates in the cybersecurity services sector via satellite and terrestrial platforms, focusing on securing communication links and data against cyber attacks.
What recent achievement has Arqit Quantum Inc made?
Arqit has pioneered a symmetric key agreement technology that protects communication links and data at rest of networked devices against current and future cyber attacks, including quantum threats.
Is Arqit Quantum Inc's technology future-proof?
Arqit's quantum-safe encryption technology ensures that communication links and data are secure against current and future forms of cyber attacks, including those posed by quantum computers.
How does QuantumCloud work?
QuantumCloud allows devices to create secure keys through a lightweight software agent, enabling secure communication links and data protection in partnership with other devices.
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