Arqit Quantum Inc. Warrants - ARQQW STOCK NEWS

Arqit Quantum Inc. and SecureCloud+ announce partnership and supply contract for high-grade security solutions.

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.

Arqit Quantum Inc. and Sierra Nevada Corporation Mission Systems UK announced a strategic partnership to create high-grade security solutions.

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.

An international consortium has completed the world's first quantum-secure cross-border electronic trade document transaction, paving the way for cheaper, simpler, and faster international trade. The successful pilot utilized electronic trade documents, including an electronic bill of lading and a digital promissory note, reconciled using a Distributed Ledger in both the UK and Singapore. The TradeTrust framework and Arqit's quantum notary technology were used to ensure document security. The shipment was tracked using IoT technology and its condition was monitored throughout the journey. A tamper-resistant digital record of the goods was minted onto an NFT using Kadena blockchain technology.

Arqit Quantum Inc. announces its operational and financial results for the six months ended 31 March 2023. The company generated $2.6 million in revenue and other operating income. It launched a pivot in go-to-market strategy, focusing on selling its QuantumCloud™ platform as a service through channel partnerships. Arqit is considering the sale of its satellite division. It undertook a significant cost reduction initiative, resulting in a 30% decrease in monthly operating costs. The company had $41.5 million of cash and cash equivalents as of 31 March 2023.

Arqit Quantum Inc. has partnered with the Centre for Digital Trade and Innovation (C4DTI) to enhance digital trade security. This collaboration, guided by the International Chamber of Commerce (ICC) UK, aims to create interoperable trade solutions while ensuring compliance with the Model Law on Electronic Transferable Records (MLETR). Arqit, a leader in quantum-safe encryption technology, will contribute by developing solutions that facilitate secure digital trading processes, thus potentially lowering transaction costs. The C4DTI seeks to accelerate the digitalisation of trade in the UK, with support from the Tees Valley Combined Authority. Arqit’s TradeSecure® technology is central to this initiative, addressing the growing cybersecurity threats and enhancing the integrity of digital trade.