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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].
Arqit appoints new Chief Technology Officer to drive innovation and growth
Newsfilter· 2025-04-16 13:00
Core Viewpoint - Arqit Quantum Inc. has appointed Jonathan Nguyen-Duy as Chief Technology Officer, bringing extensive cybersecurity experience to enhance the company's quantum-safe encryption solutions [1][4]. 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 cyber threats, including those posed by quantum computers [1][4]. - The company's encryption solutions are compatible with NSA CSfC components and meet specific security requirements, allowing for the creation of computationally secure encryption keys locally on endpoint devices [4]. Leadership and Experience - Jonathan Nguyen-Duy has a strong background in cybersecurity, having held senior technical leadership roles at Intel and Fortinet, and served as Security CTO at Verizon, where he led strategic partnerships and the Cyber Intelligence Center [2][3]. - His expertise in developing advanced security solutions will be crucial for Arqit as it aims to scale its encryption technologies and address evolving cyber threats [2][4]. Recognition and Awards - Arqit has received multiple accolades, including two GSMA Global Mobile Awards for Best Mobile Security Solution and Outstanding Mobile Technology, as well as recognition at the Institution of Engineering and Technology Awards and the National Cyber Awards [4].
Arqit Quantum Inc. Announces Select Preliminary Financial Results for First Half of Fiscal Year 2025
Newsfilter· 2025-04-04 12:30
Core Insights - Arqit Quantum Inc. expects to report preliminary revenue for the first half of fiscal year 2025 between $18,000 and $67,000, with cash and cash equivalents of approximately $24.7 million as of March 31, 2025 [1][3] Financial Performance - The revenue generation from a multi-year enterprise license contract in the EMEA region was delayed due to end customer issues, impacting revenue for the first half of fiscal year 2025 [2] - The contract is expected to yield seven figures in annual recurring revenue once revenue generation commences [2] Legal Matters - A motion to dismiss a class action lawsuit against Arqit was denied on March 28, 2025, but the court's decision does not reflect on the merits of the case [4] Future Reporting - The company plans to report complete financial results for the first half of fiscal year 2025 in May 2025, followed by a conference call [5] Company Overview - Arqit Quantum Inc. specializes in quantum-safe encryption, providing a unique encryption software service that secures communications against current and future encryption attacks, including those from quantum computers [6] - The company has received multiple awards for its innovative technology and is ISO 27001 Standard certified [6]