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Home » Arqit Chosen by Division for Digital, Tradition, Media

Arqit Chosen by Division for Digital, Tradition, Media

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LONDON, Jan. 26, 2022 (GLOBE NEWSWIRE) — Arqit Quantum Inc (“Arqit”), a world chief in quantum encryption know-how, is happy to announce that it has been chosen by the Division for Digital, Tradition, Media and Sports activities (“DCMS”) to develop a wideband resolution for 5G mobile Open RAN platforms. Arqit will assist combine a novel quantum encryption service for a mission in partnership with DCMS, which is able to allow safety by default. In consequence, communications hyperlinks will likely be safe in opposition to any community system in opposition to future types of assault, together with from a quantum laptop.

Funded as a part of the Division for Digital, Tradition, Media, and Sport and the Future RAN Competitors (FRANC), the mission, through which Arqit is a accomplice, goals to democratise radio entry networks (RANs) with a view to finish vendor lock-in and enhance flexibility, affordability, and interoperability – all key to the UK Authorities’s recently-announced plan to see 35 per cent of UK mobile visitors carried over Open RAN architectures by 2030.

The mission will see Arqit, working alongside different companions to safe a brand new wideband resolution for 5G mobile Open RAN platforms. Moreover, Arqit will incorporate its QuantumCloud™ platform, which is able to allow safety by design, making the safety of 5G unbreakable even by a quantum laptop.

Arqit Founder, Chairman and CEO, David Williams, added: “We’re delighted that Arqit has been chosen as a accomplice on DCMS’ FRANC mission. This mission will profit from Arqit’s globally distinctive, transformational quantum secure encryption, which will likely be a serious step in securing the broader community and its units.”

Extra info on the FRANC grant awardees is offered on GOV.UK.

About Arqit

Arqit provides a novel quantum encryption Platform-as-a-Service which makes the communications hyperlinks of any networked system safe in opposition to present and future types of assault – even from a quantum laptop. Arqit’s product, QuantumCloud™, permits any system to obtain a light-weight software program agent, which may create encryption keys in partnership with some other system. The keys are computationally safe, optionally one-time use and 0 belief. QuantumCloud™ can create limitless volumes of keys in limitless group sizes and may regulate the safe entrance and exit of a tool in a bunch. The addressable marketplace for QuantumCloud™ is each related system. 

Media relations enquiries:
Arqit: Julie Moon T: +44 7825 503 950 E: [email protected]

Investor relations enquiries:
Arqit: [email protected]
Gateway: [email protected]

Warning About Ahead-Wanting Statements

This communication consists of forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995. All statements, apart from statements of historic information, could also be forward-looking statements. These forward-looking statements are based mostly on Arqit’s expectations and beliefs regarding future occasions and contain dangers and uncertainties which will trigger precise outcomes to vary materially from present expectations. These elements are tough to foretell precisely and could also be past Arqit’s management. Ahead-looking statements on this communication or elsewhere communicate solely as of the date made. New uncertainties and dangers come up on occasion, and it’s inconceivable for Arqit to foretell these occasions or how they could have an effect on it. Besides as required by legislation, Arqit doesn’t have any responsibility to, and doesn’t intend to, replace or revise the forward-looking statements on this communication or elsewhere after the date this communication is issued. In gentle of those dangers and uncertainties, traders ought to needless to say outcomes, occasions or developments mentioned in any forward-looking assertion made on this communication could not happen. Uncertainties and threat elements that would have an effect on Arqit’s future efficiency and trigger outcomes to vary from the forward-looking statements on this launch embody, however aren’t restricted to: (i) dangers that the enterprise mixture disrupts Arqit’s present plans and operations, (ii) the end result of any authorized proceedings that could be instituted in opposition to the Arqit associated to the enterprise mixture, (iii) the flexibility to keep up the itemizing of Arqit’s securities on a nationwide securities change, (iv) adjustments within the aggressive and controlled industries through which Arqit operates, variations in working efficiency throughout rivals, adjustments in legal guidelines and rules affecting Arqit’s enterprise and adjustments within the mixed capital construction, (v) the flexibility to implement enterprise plans, forecasts, and different expectations after the completion of the enterprise mixture, and establish and notice further alternatives, (vi) the potential lack of ability of Arqit to transform its pipeline or orders in backlog into income, (vii) the potential lack of ability of Arqit to efficiently ship its operational know-how which remains to be in improvement, (viii) the danger of interruption or failure of Arqit’s info know-how and communications system, (ix) the enforceability of Arqit’s mental property, and (x) different dangers and uncertainties set forth within the sections entitled “Threat Components” and “Cautionary Notice Relating to Ahead-Wanting Statements” in Arqit’s annual report on Kind 20-F, filed with the U.S. Securities and Change Fee (the “SEC”) on December 16, 2021 and in subsequent filings with the SEC. Whereas the record of things mentioned above and the record of things introduced within the remaining prospectus are thought of consultant, no such record ought to be thought of to be a whole assertion of all potential dangers and uncertainties. Unlisted elements could current important further obstacles to the belief of forward-looking statements.

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