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Arqit Joins Oracle Defense Ecosystem
Globenewswire· 2025-06-17 13:41
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].
Arqit Joins Oracle Defense Ecosystem
GlobeNewswire News Room· 2025-06-17 13:41
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].
Arqit Quantum (ARQQ) Conference Transcript
2025-06-11 18:45
Arqit Quantum (ARQQ) Conference June 11, 2025 01:45 PM ET Speaker0 Okay. So welcome to the Sidoti virtual micro cap conference. Thank you for joining us today. I'm Anya Sodstrom, senior equity analyst here at Sidoti. And as I mentioned, next up, we have Arcade Quantum. I have, Tracy Mear, the chief financial strategy officer with me. And this will be conducted as a presentation by Tracy, and that will be followed by q and a. And if you would like to submit question, you can do so in the q and a function at ...
Arqit Reports H1 Numbers, Wins Key Telecom, DoD Contracts
The Motley Fool· 2025-05-22 20:35
Core Insights - Arqit Quantum reported revenue of $67,000 and an operating loss of $17.8 million for the first half of fiscal 2025, attributed to delayed contract revenue and a transition to a SaaS model [1] - The company signed a significant three-year agreement with a tier-one telecom operator, marking a shift towards subscription-based revenue models [2][3] - Arqit secured its first contract with the U.S. Department of Defense, enhancing its credibility and opening doors for future government contracts [4][5] Financial Performance - Revenue for the first half of fiscal 2025 was $67,000, with an operating loss of $17.8 million due to delayed contract revenue [1] - Cash and cash equivalents stood at $24.8 million as of March 31, with a monthly cash burn rate of approximately $2.2 million to $2.4 million [6] Strategic Developments - The new telecom contract, signed after a 14-month pilot, is designed to scale with end-customer adoption, indicating a focus on channel-driven models [2][3] - The Department of Defense contract involves integration through a major IT vendor, which could lead to more extensive government business opportunities [4][5] Operational Adjustments - The company reduced its workforce from 125 to 72, allowing for disciplined resource allocation during the transition to recurring SaaS contracts [6][7] - Cost discipline and a leaner structure are expected to provide greater flexibility for future growth initiatives [7] Future Outlook - Management anticipates recognizing revenue from delayed Middle East contracts in the second half of fiscal 2025, particularly from telecom pilot projects [9] - Strategic milestones include expanding confidential computing applications with Intel and advancing multipartner pilot projects [9]
Arqit Quantum (ARQQ) - 2025 H1 - Earnings Call Transcript
2025-05-22 16:02
Arqit Quantum (ARQQ) H1 2025 Earnings Call May 22, 2025 11:00 AM ET Company Participants Andy Leaver - CEONick Pointon - CFO Conference Call Participants Scott Buck - Managing Director & Senior Technology Analyst Operator Thank you for standing by. On today's call, we will be referring to the press release issued this morning that details the company's first half fiscal year twenty twenty five results, which can be downloaded from the company's website at arket.uk. At the end of the company's prepared remar ...
Arqit Quantum Inc. Sets First Half 2025 Conference Call for Thursday, May 22, 2025 at 11:00 a.m. ET
Globenewswire· 2025-05-13 13:20
Core Viewpoint - Arqit Quantum Inc. is set to report its financial results for the six months ending March 31, 2025, on May 22, 2025, and will host a conference call with key executives to discuss these results [1][2]. Company Overview - Arqit Quantum Inc. specializes in quantum safe encryption, providing a unique encryption software service that secures communications links for networked devices, cloud machines, and data at rest against current and future encryption attacks, including those from quantum computers [3]. - The company's Symmetric Key Agreement Platform allows endpoint devices to create encryption keys locally, ensuring computational security and facilitating Zero Trust Network Access. It can generate limitless volumes of keys and regulate secure device access within groups [3]. - Arqit has received multiple accolades, including being named an IDC Innovator for Post-Quantum Cryptography in 2024 and winning several awards at Mobile World Congress 2024 for its mobile security solutions [3].
PDF Solutions(PDFS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
PDF Solutions (PDFS) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants John Kibarian - Co-Founder, CEO, President & DirectorAdnan Raza - EVP, Finance & CFOWilliam Jellison - Associate VP Conference Call Participants Blair Abernethy - Senior Research AnalystGus Richard - MD & Senior Research AnalystChristian Schwab - Senior Research Analyst Operator Good day, everyone, and welcome to the PDF Solutions Inc. Conference call to discuss its financial results for the first quarter conference cal ...
PDF Solutions(PDFS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
PDF Solutions (PDFS) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, everyone, and welcome to the PDF Solutions Inc. Conference call to discuss its financial results for the first quarter conference call ending Monday, 03/31/2025. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. As a reminder, this conference is being rec ...
The Goodyear Tire(GT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:32
The Goodyear Tire & Rubber Company (GT) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Greg Shank - Senior Director of Investor RelationsMark Stewart - President & CEOChristina Zamarro - Executive VP & CFOJames Mulholland - VP - Equity Research Conference Call Participants James Picariello - Director & Sr. Automotive AnalystItay Michaeli - Equity AnalystRyan Brinkman - Equity Research AnalystEmmanuel Rosner - Managing Director - Senior Autos & Auto Technology AnalystWesley Brooks - Anal ...
The Goodyear Tire(GT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:30
The Goodyear Tire & Rubber Company (GT) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Please stand by. Your program is about to begin. Good morning. My name is Stephanie, and I'll be your conference operator today. At this time, I'd like to welcome everyone to Goodyear's First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After some opening remarks, there will be a question and answer session. Please note this call may be recorded. It ...