Arqit Quantum Inc

Arqit Quantum, Inc. engages in the provision of cybersecurity services via satellite and terrestrial forms. Its product is QuantumCloud which secures devices with cloud-based quantum encryption. The company was founded by David John Williams and David James Bestwick on April 26, 2021 and is headquartered in London, the United Kingdom.

LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit” or the “Company”), a global leader in quantum encryption technology, today announced that it has entered into a definitive securities purchase agreement with existing shareholders Heritage Assets SCSP, Notion Capital, Carlo Calabria, and Garth Ritchie (collectively, the “Purchasers”) for the sale and purchase of 5,440,000 of the Company's ordinary shares, $0.000004 par value per share (the “Ordinary Shares”) at an offering price of $2.50 per Ordinary Share, in a registered direct offering (the “Offering”). Arqit director Manfredi Lefebvre d'Ovidio has shared investment and voting power over the shares held by Heritage Assets SCSP, existing Arqit shareholder Notion Capital is the beneficial owner of the Arqit shares held by Ropemaker Nominees Limited, and Carlo Calabria and Garth Ritchie are each directors of the Company.

Arqit Quantum Inc. Announces $13.6 Million Registered Direct Offering

LONDON, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), a leading provider of quantum-safe encryption, today announced a leadership transition. Andy Leaver, a seasoned software company executive and Operating Partner from Notion Capital, has been appointed as Chief Executive Officer and a member of the Board of Directors, effective today. Co-Founder and current CEO David Williams will step down from his role as CEO and as a member of the Board of Directors. The executive transition reflects a broader transition within the company from its early development stage to a phase of revenue and operational growth.

Arqit announces leadership transition with the appointment of a new Chief Executive Officer

LONDON, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ) (“Arqit” or the “Company”), a leader in quantum safe encryption, today announces that, following approval by the Company's shareholders at its annual general meeting held on September 18, 2024, the Company's Board of Directors has determined to effect a 25:1 reverse share split (the “25:1 Reverse Share Split”). Accordingly, the authorized share capital of the Company will be consolidated as follows: from US$50,000 divided into 469,000,001 ordinary shares of a par value of US$0.0001 each and 30,999,999 preference shares of a par value of US$0.0001 each, to US$50,000 divided into 18,760,000 ordinary shares of a par value of US$0.000004 each and 1,240,000 preference shares of a par value of US$0.000004 each.

Arqit Quantum Inc. Announces 25:1 Reverse Share Split

Sparkle's NaaS successful proof of concept paves the way for commercial launch planned by the end of the year Sparkle's NaaS successful proof of concept paves the way for commercial launch planned by the end of the year

Sparkle Pioneers Network-as-a-Service (NaaS) with Quantum-Safe Internet Use Case

Alphabet

For forward-looking speculators, quantum computing stocks to buy should represent a priority. Why? It comes down to the industry's robust potential.

3 Quantum Computing Stocks to Buy Now: May 2024

Arqit Quantum Inc. (NASDAQ:ARQQ ) Q2 2024 Earnings Call Transcript May 20, 2024 11:00 AM ET Company Participants David Williams - Founder, Chairman and CEO Nick Pointon - CFO Conference Call Participants Scott Buck - H.C. Wainwright Operator Good day, and thank you for standing by.

Arqit Quantum Inc. (ARQQ) Q2 2024 Earnings Call Transcript

$119,000 of revenue for the six month period ended 31 March 2024 with certain prospective deals slipping to the second half of the fiscal year

Arqit Quantum Inc. Announces Financial and Operational Results for the First Half of Fiscal Year 2024

Avino Silver & Gold Mines

BlackSky Technology

Hookipa Pharma Inc

Knightscope

Lilium BV

Matinas BioPharma Hlds

Penny stocks to buy understandably offer many enticing attributes, not least of which is the potential for tremendous returns. Of course, the emphasis is on the word “potential.

Penny Stock Sleepers: 7 Under-the-Radar Gems Ready to Launch

The trial, also supported by Telsy's specific expertise, has confirmed the first Internet Protocol secure (IPsec) tunnel between Italy and Germany with advanced quantum-safe protection methods The trial, also supported by Telsy's specific expertise, has confirmed the first Internet Protocol secure (IPsec) tunnel between Italy and Germany with advanced quantum-safe protection methods

Sparkle Successfully Completes First Test of an International VPN Protected with Quantum Encryption

LONDON, May 09, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today urges CISOs and security teams to urgently address their post-quantum technology strategies, as quantum computing advances rapidly. The risk of Store Now, Decrypt Later (SNDL) attacks underscores that the quantum threat is not a distant concern but an immediate security challenge demanding attention today.

Arqit warns CISOs why they must act now to secure their data ready for the post-quantum world

LONDON, May 06, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a leader in quantum safe encryption, announced it will report financial results for the six months ending March 31, 2024 on Monday, May 20, 2024.

Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET

LONDON, May 02, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and SoftIron, the worldwide leader in true private cloud infrastructure announce a partnership to enable customers to make a seamless migration to quantum safe cloud tasks, with a priority focus on the defense sector. Arqit's quantum-safe products will be available as part of the SoftIron Partner Marketplace alongside other industry-leading solutions.

Arqit and SoftIron Partner to sell more secure data center deployments

LONDON, April 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the creation of the World's First Quantum-Safe, 1.89 Tb IPsec products collaborating with Intel.

Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions

LONDON, April 24, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the successful trial deployment of Arqit's Network Secure product by the Satellite Applications Catapult which works across the space sector to make use of and benefit from satellite technologies.

Satellite Applications Catapult trials Arqit Network Secure™

LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, announced today that D2BW Limited, an existing shareholder beneficially owned by Arqit's Founder, Chairman and Chief Executive Officer, David Williams, and Founder and Chief Technology Officer, David Bestwick has agreed to purchase 1,241,379 ordinary shares from Arqit, with total gross proceeds to Arqit prior to the deduction of expenses of approximately $900,000. The purchase price per share is $0.725, which was the closing price of Arqit's ordinary shares as reported by Nasdaq on 28 March 2024. No warrants were granted in connection with the purchase. The transaction is expected to close on 15 April 2024.

Arqit founders to buy shares

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, announced today clarification regarding certain Form 144 filings. On a routine basis, Form 144 filings are made by officers and directors of the Company in connection with shares sold to cover tax obligations arising from the vesting of compensatory equity grants (also known as "sale to cover" transactions). Such “sale to cover” transactions do not represent any discretionary sales by those officers and directors. Commencing with Form 144 filings in April 2024, Fidelity Stock Plan Services, which administers Arqit's employee share plan, will denote “sale to cover” transactions in relevant Form 144 filings for greater transparency.

Arqit clarifies certain Form 144 filings

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply chain financing partnership for Lux AG to invest in digital negotiable instruments (DNIs), enabling businesses to use DNIs to get easy access to new pools of working capital.

LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments

LONDON, March 27, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), and Vayana TradeXchange announce a partnership to use Arqit's TradeSecure™ digital negotiable instrument technology to transform international supply chains.

Vayana TradeXchange partners with Arqit to transform trade finance

Honeywell

IonQ

As Bitcoin ( BTC-USD ) has proven, taking part in the first wave of an emerging sector can yield great benefits. Although the field of quantum computing is still in early stages, it has high disruptive potential to supercharge processing and reduce energy consumption.

From Six Figures to Seven: 3 Quantum Computing Stocks Set to Make Millionaires

LONDON, March 05, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced a reseller agreement with Total Computers (Total), the digital transformation experts, for Arqit's Symmetric Key Agreement Platform and NetworkSecure™ Adaptor.

Arqit announces reseller agreement with Total Computers

LONDON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption was honoured to receive two Glomo awards at Mobile World Congress on February 28, 2024. The company took home the top honour in the CTO Choice: Outstanding Mobile Technology Award category, which was voted on by CTO's across the industry, including those from the world's major mobile phone companies, along with the award for Best Mobile Security Solution.

Arqit Awarded Top Honors in Two Categories at the Global Mobile Awards at 2024 Mobile World Congress

LONDON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and CableFree: Wireless Excellence Ltd (CableFree), a leader in 5G Radio solutions, have today announced the availability of integrated quantum-safe cellular technology products for Private 5G networks using Symmetric Key Agreement.

Arqit and CableFree deliver world's first quantum-safe 5G cellular technology products

Groundbreaking Cybersecurity Solution Now Available to US Government Agencies Groundbreaking Cybersecurity Solution Now Available to US Government Agencies

Arqit and Carahsoft Partner to Bring Symmetric Key Agreement Cybersecurity Product to the US Public Sector

LONDON, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, has received ISO/IEC 27001 certification for information security and cybersecurity protection.

Arqit awarded ISO 27001 Certification for Information Security Management

Aeva Technologies Inc

Beam Global

EMCORE

Pixelworks

Smith Micro Software

Usio Inc

Before we dive into the wild world of tech penny stocks, we've got to acknowledge some housekeeping notes. First, we're dealing with one of the most speculative arenas in the equities space.

News for Arqit Quantum Inc Stock (ARQQ)