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Arqit Limited: Arqit Announces Product to Protect Digital Assets From Quantum Attack

Arqit Limited: Arqit Announces Product to Protect Digital Assets From Quantum Attack
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Arqit Limited: Research by University of Surrey and Arqit reveals Quantum Threat to Digital Assets

Arqit Limited: Research by University of Surrey and Arqit reveals Quantum Threat to Digital Assets
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Arqit announces BT contract and plan to create 2000 jobs

Arqit announces BT contract and plan to create 2000 jobs
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NEW YORK and LONDON, May 16, 2021 /PRNewswire/ Arqit, a British company established in 2017, has announced the launch of a new quantum cybersecurity platform designed to solve current and future threats to the security of internet communications. The platform, QuantumCloud™, uses transformational innovation in both quantum physics and crypto-mathematics, and has been developed over the course of four years of collaboration with the UK Government, BT and Virgin Orbit.
The launch positions the British economy at the forefront of global innovation in quantum, space and cyber technology, and Arqit alone intends to create 2,000 high-tech jobs in the UK. Since 2017, Arqit has received significant financial support from the UK Government through various departments and innovation programs. Arqit is in a position now to announce that, as a re ....

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Centricus Acquisition Corp. to Combine With Arqit Limited, a Leader in Quantum Encryption technology

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Arqit Limited ( Arqit ), a leader in quantum encryption technology, has entered into a definitive agreement to combine with Centricus Acquisition Corp. (Nasdaq: CENH, CENHW, CENHU) ( Centricus ), a publicly-traded special purpose acquisition company.
Arqit has pioneered a unique quantum encryption technology, QuantumCloud™, which makes the communications links of any networked device secure against current and future forms of hacking – even an attack from a quantum computer.
The transaction with Centricus is expected to provide up to $400 million of gross proceeds to Arqit (assuming minimal redemption from existing Centricus shareholders). This includes funds from a fully committed PIPE of approximately $70 million with participation from Arqit business partners Virgin Orbit and Sumitomo Corporation, and Centricus sponsor Heritage Group. ....

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