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LONDON, April 08, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) announces a global tier 1 telco operator has signed a 3 year contract for Arqit’s NetworkSecure™. The telco operates in 32 countries, providing secure digital infrastructure, with a backbone spanning over 600,000 km of fiber. Arqit’s Quantum-Safe NetworkSecure technology will be deployed as part of its Network-as-a-Service (NaaS) suite. This agreement marks a major step in securing enterprise and government communications against emerging cyber threats, including those posed by quantum computing.
Quantum-Safe over Internet (QSI) service is now available to order, meaning enterprises and governments worldwide can now access the operator’s Quantum-Safe over Internet (QSI) service utilizing its NaaS platform powered by Arqit’s NetworkSecure.
As demand for the operator’s offering scales, Arqit sees potential for expansion beyond this initial contract.
Andy Leaver, CEO of Arqit, commented: "This multi-year agreement represents a major step forward in protecting global communications from emerging threats. As quantum computing advances, the need for robust security solutions is paramount. Our customer’s leadership position in global networking, combined with Arqit’s pioneering quantum-safe encryption, ensures enterprises can access next-generation security with the agility of a NaaS framework. We are excited to help bring this technology to market at scale."
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About Arqit
Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) supplies a unique encryption software service which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption – even from a quantum computer. Compatible with NSA CSfC Components and meeting the demands of NSA CSfC Symmetric Key Management Requirements Annexe 1.2. and RFC 8784, Arqit’s Symmetric Key Agreement Platform uses a lightweight software agent that allows end point devices to create encryption keys locally in partnership with any number of other devices. The keys are computationally secure and facilitate Zero Trust Network Access. It can create limitless volumes of keys with any group size and refresh rate and can regulate the secure entrance and exit of a device in a group. The agent is lightweight and will thus run on the smallest of end point devices. The product sits within a growing portfolio of granted patents. It also works in a standards compliant manner which does not oblige customers to make a disruptive rip and replace of their technology. In September 2024, Arqit was named as an IDC Innovator for Post-Quantum Cryptography, 2024. Arqit is winner of two GSMA Global Mobile Awards, The Best Mobile Security Solution and The CTO Choice Award for Outstanding Mobile Technology, at Mobile World Congress 2024, recognised for groundbreaking innovation at the 2023 Institution of Engineering and Technology Awards and winner of the National Cyber Awards’ Cyber Defence Product of the Year 2024 and Innovation in Cyber Award 2022, as well as the Cyber Security Awards’ Cyber Security Software Company of the Year Award 2022. Arqit is ISO 27001 Standard certified. www.arqit.uk or read our latest white paper.