LONDON, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a global leader in quantum-safe encryption, announces select preliminary financial results for the second half and full fiscal year 2025. Based on preliminary unaudited results, management expects revenue for the second half period ended 30 September 2025 of approximately $460,000 to $470,000. For the full fiscal year ended 30 September 2025 revenue is expected to be $525,000 to $535,000. Cash and cash equivalents ...

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Core Insights - Krown Technologies and Quantum eMotion have successfully developed the Qastle Quantum-Safe Hot Wallet, marking a significant advancement in securing cryptocurrencies against current cyber threats and future quantum computing risks [1][3]. Group 1: Product Development - The Qastle Wallet integrates QeM's patented ultrafast Quantum Random Number Generator (QRNG) technology with Krown's blockchain security architecture, ensuring the generation of strong cryptographic keys resistant to both classical and quantum attacks [2]. - The wallet employs post-quantum encryption protocols, providing enhanced protection for digital assets during real-time transactions [2]. Group 2: Market Context - The global crypto wallet market was valued at USD 3.2 billion in 2024 and is projected to reach USD 33.6 billion by 2033, with a compound annual growth rate (CAGR) of nearly 30% [5]. - Hot wallets represent over half of this market, with revenues expected to grow from USD 1.5 billion in 2024 to over USD 5 billion by 2033, highlighting a significant opportunity for secure, quantum-safe solutions [5][6]. Group 3: Industry Challenges - Current blockchain networks rely on public key cryptography, which is vulnerable to quantum computing threats, necessitating a shift to quantum-safe encryption and true entropy generation to protect digital assets [4]. - Analysts warn of potential "harvest now, decrypt later" attacks, where encrypted data is captured today for future decryption when quantum computers become powerful enough [4].

Group 1: Rigetti Computing's Collaboration and Strategy - Rigetti Computing has established a collaboration with Montana State University's QCORE facility, marking the first academic institution to host a Rigetti quantum computer on-site, featuring the 9-qubit Novera system [1][6] - This partnership aims to accelerate quantum research in academic settings and positions Rigetti at the forefront of future innovation and commercialization pathways [1][2] - The initiative reflects Rigetti's broader strategy of integrating research, education, and technology development, supporting QCORE's mission to advance quantum systems research and workforce development [2] Group 2: Market Position and Performance - Rigetti's shares have increased by 8.1% year-to-date, which is lower than the industry's growth of 21% [5][6] - The company has a price-to-book ratio of 9.66, which is above the industry average, and carries a Value Score of F [7] - The Zacks Consensus Estimate for Rigetti's 2025 earnings indicates a significant year-over-year rise of 86.1% [9] Group 3: Earnings Estimates - The current Zacks Consensus Estimate for Rigetti's earnings for the current quarter is -0.06, with expectations of -0.05 for the current year and -0.18 for the next year [10] - Year-over-year growth estimates show a 14.29% increase for the current quarter and a 25.00% increase for the next quarter, while the next year's estimate shows a decline of 280.00% [10]

Core Insights - Arqit Quantum Inc. has joined Tomorrow Street's Scaleup X programme, enhancing its access to Vodafone's global network and ecosystem for scaling its quantum-safe encryption technology [1][2][3] Company Overview - Arqit specializes in quantum-safe encryption, providing a unique encryption software service that secures communications against current and future attacks, including those from quantum computers [7] - The company's Symmetric Key Agreement Platform allows devices to create encryption keys locally, facilitating secure communications and Zero Trust Network Access [7] Strategic Collaboration - The partnership with Tomorrow Street will enable Arqit to explore applications of its SKA-Platform™ to secure critical communications and data against evolving cyber threats [2][3] - This collaboration aligns with the increasing demand for quantum-safe network security, allowing Arqit to engage with decision-makers in the Luxembourg business ecosystem [3][4] Industry Context - The announcement comes during the International Year of Quantum Science and Technology, highlighting the urgent need for quantum-safe encryption solutions globally [4] - Arqit's participation in the Scaleup X programme is expected to accelerate commercial deployments in sectors such as telecommunications and critical infrastructure [4]

Core Viewpoint - Arqit Quantum Inc. has launched the SKA Edge Controller (SKA-EC), a quantum-safe communications platform designed for defense operations, enabling secure and scalable command and control in high-threat environments [1][4]. Group 1: Product Features - SKA-EC extends Arqit's SKA-Platform™ to tactical edge operations, allowing distributed and mobile forces to operate securely with small hardware appliances [2]. - The platform dynamically generates symmetric encryption keys across trusted endpoints, eliminating risks associated with pre-shared keys and the complexity of Public Key Infrastructure [3]. - SKA-EC supports various military applications, including mobile headquarters and command links for autonomous platforms, ensuring security and performance [3]. Group 2: Market Positioning - The system is designed for rapid deployment in contested environments, ensuring resilience under pressure and compliance with standards such as NSA, NIST, and FIPS 140-3 [5]. - Arqit emphasizes the need for quantum-safe, resilient communications in modern defense operations, positioning SKA-EC as a secure-by-design solution [4]. Group 3: Company Background - Arqit Quantum Inc. provides a unique encryption software service that secures communications against current and future encryption threats, including those from quantum computers [7]. - The company has received multiple awards for its innovations in mobile security and post-quantum cryptography, highlighting its industry recognition and technological advancements [7].

Core Viewpoint - Fortinet has introduced enhanced features in its FortiOS operating system to protect organizations from quantum computing threats, enabling them to transition to post-quantum security without performance impact [1][4]. Group 1: Fortinet's Innovations - Fortinet's latest FortiOS capabilities include quantum-safe encryption algorithms and key distribution methods that can withstand quantum attacks, allowing organizations to secure highly sensitive data [1][3]. - The new features are available at no additional cost for FortiGate NGFW and Fortinet Secure SD-WAN customers, including NIST-approved algorithms like ML-KEM and emerging algorithms such as BIKE, HQC, and Frodo [4][7]. - Fortinet's approach integrates quantum key distribution (QKD) to ensure secure key exchange and detect eavesdropping attempts, enhancing network security [7]. Group 2: Industry Context - Quantum computers can break current encryption standards, posing a significant threat to industries handling sensitive data, such as telecommunications, financial services, government, and healthcare [3]. - Cybercriminals are already storing encrypted traffic to decrypt later, highlighting the urgency for organizations to adopt quantum-safe encryption now [3]. Group 3: Future-Proofing Security - Fortinet's unified operating system allows for the deployment of cutting-edge updates, including quantum-safe innovations, helping customers future-proof their security postures [5]. - The introduction of a hybrid mode facilitates a gradual transition to post-quantum security, enabling seamless integration of traditional public-key cryptography and QKD [7].

Core Viewpoint - Arqit Quantum Inc. has been selected as a member of the Oracle Defense Ecosystem, a global initiative aimed at enhancing defense and government technology innovation, highlighting its role in securing critical infrastructure against advanced cyber threats, particularly from quantum computing [1][2]. Group 1: Company Overview - Arqit is recognized for its pioneering role in quantum-safe encryption, specifically through its SKA-Platform™, which protects data in motion, in process, and at rest [2][4]. - The company has received multiple awards for its innovative technology, including the GSMA Global Mobile Awards and recognition as an IDC Innovator for Post-Quantum Cryptography [8]. Group 2: Oracle Defense Ecosystem - The Oracle Defense Ecosystem aims to provide a commercial foundation for joint innovation, offering members access to Oracle's sales support, cloud marketplace, and compliance frameworks [3][6]. - Members can leverage Oracle's resources to accelerate growth, enhance cybersecurity compliance, and streamline business processes through preferred pricing for Oracle's AI-powered business management suite [11]. Group 3: Strategic Positioning - Arqit's inclusion in the Oracle Defense Ecosystem positions it to expand its technology deployment into new markets and alliances, aligning with Oracle's ambition to modernize defense capabilities [4][5]. - The partnership emphasizes the importance of data integrity in defense operations, which is critical for mission success in a post-quantum world [5][2].

Core Viewpoint - Arqit Quantum Inc. has been selected as a member of the Oracle Defense Ecosystem, a global initiative aimed at enhancing defense and government technology innovation, particularly in the context of cybersecurity and quantum-safe encryption [1][2]. Group 1: Company Overview - Arqit is recognized for its pioneering role in securing mission-critical infrastructure against advanced cyber threats, including those from quantum computing [2]. - The company offers a unique encryption software service that secures communications links of networked devices against current and future forms of attack, including from quantum computers [8]. - Arqit's Symmetric Key Agreement Platform (SKA-Platform™) is designed to protect data in motion, in process, and at rest, and is compatible with NSA standards [8]. Group 2: Oracle Defense Ecosystem - The Oracle Defense Ecosystem aims to provide a commercial foundation for joint innovation, allowing members to collaborate on defense technology solutions [3][5]. - Members of the ecosystem can access Oracle's sales support, cloud marketplace, and compliance frameworks to enhance their offerings and streamline operations [6][11]. - The initiative includes resources for cybersecurity compliance, training, and access to Oracle's extensive customer base, which serves hundreds of thousands of clients globally [6][11]. Group 3: Strategic Positioning - Arqit's participation in the Oracle Defense Ecosystem positions the company to expand its technology deployment into new markets and alliances [4]. - The CEO of Arqit emphasized that joining the ecosystem aligns with the company's mission to deliver quantum-safe security critical for defense capabilities [5]. - The collaboration is expected to enhance Arqit's ability to address the evolving challenges in the global security landscape [1][2].

Core Insights - Arqit Quantum Inc. has announced the acquisition of Ampliphae's product portfolio and innovations team, enhancing its capabilities in encryption risk advisory and AI analytics [1][2] - The integration of Ampliphae's Encryption Intelligence products with Arqit's quantum encryption technology aims to provide a comprehensive solution for identifying and mitigating cyber risks from both current and quantum threats [2][3] Company Overview - Arqit specializes in quantum-safe encryption, offering a unique software service that secures communications across various networked devices against current and future encryption attacks, including those from quantum computers [6] - The Arqit SKA-Platform™ allows for the creation of computationally secure encryption keys locally, facilitating Zero Trust Network Access and ensuring compatibility with existing technologies without requiring disruptive changes [6] Product and Service Expansion - Ampliphae's core products provide organizations with visibility into their encryption technologies, identifying vulnerabilities, including those at risk from quantum attacks, and enabling effective risk management strategies [3][4] - The acquisition allows Ampliphae's encryption risk advisory services to reach a global audience, assisting enterprises and governments in securing sensitive data across various environments [4][5] Leadership Statements - Arqit's CEO emphasized the importance of combining quantum encryption expertise with Ampliphae's analytics to deliver unmatched protection and advisory services globally [5] - Ampliphae's CEO highlighted the opportunity to extend their mission of addressing encryption risks to a worldwide audience through the partnership with Arqit [5]