Arqit Quantum Inc. Ordinary Shares (ARQQ)
Arqit Quantum Inc. is a cybersecurity company specializing in quantum encryption technology. It develops cloud-based quantum security solutions designed to protect data against future threats posed by quantum computing. The company's technologies focus on data security, encryption, and digital privacy for enterprise and government clients.
Company News
Arqit Quantum reported revenue of $67,000 and an operating loss of $17.8 million in the first half of fiscal 2025, reflecting delayed contract revenue and its transition to a SaaS model. The company announced a three-year agreement with a top-tier telecom operator and its first U.S. Department of Defense contract, which are expected to drive future growth.
The article discusses the rapid growth potential of the quantum computing market, with projections of over $10 billion in global market size by 2034. It highlights the efforts of companies like Scope Technologies, IBM, Arqit Quantum, Intel, and D-Wave Quantum in advancing quantum computing and cybersecurity solutions.
Adventure Box Technology AB has entered into a non-binding Letter of Intent to acquire a leading iGaming marketing and affiliate company, Project Quantum. This strategic acquisition will enable Adventure Box to drive high-quality traffic to its casino brands and complement its existing B2B offerings.
Fortinet (FTNT), in collaboration with Arqit and BT, introduce a Quantum-Safe VPN designed to safeguard against evolving cyber threats.
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