Arqit Quantum Inc.
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Arqit Quantum Inc. develops quantum encryption technology providing cybersecurity solutions designed to protect against current and future threats including attacks from quantum computers. Headquartered in London, United Kingdom, Arqit created QuantumCloud, a satellite-based encryption platform delivering symmetric encryption keys to connected devices through quantum key distribution technology resistant to attacks from conventional and quantum computers. The company's technology addresses the emerging threat of quantum computing which threatens to break widely-used encryption standards including RSA and ECC that secure internet communications, financial transactions, government networks, and critical infrastructure systems. Arqit's business model involves licensing its QuantumCloud platform to enterprises, government agencies, defense organizations, and critical infrastructure operators requiring quantum-safe encryption protecting sensitive data and communications. The company completed a SPAC merger in September 2021 listing on NASDAQ and raised capital to fund satellite launches and commercial deployments. Arqit announced partnerships with major telecommunications companies, defense contractors, and government agencies testing quantum encryption systems protecting military communications, financial networks, and corporate data. The company employs approximately 100 people and operates development facilities in the UK while pursuing regulatory approvals and customer trials demonstrating commercial readiness for quantum-safe cybersecurity solutions.