CANBERRA, Australia, Oct. 10, 2022 (GLOBE NEWSWIRE) — Sovereign Cloud Australia Pty Ltd (“AUCloud”), a frontrunner in sovereign Infrastructure-as-a-Service (IaaS) and Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a frontrunner in quantum-safe encryption, are happy to announce normal availability of the Asia Pacific area’s first Quantum Safe Symmetric Key Agreement Software.
Powered by Arqit’s QuantumCloud™, the service is accessible now from AUCloud as a Platform as a Service (PaaS), enabling quantum-safe encryption functionality for the Australian market and near-Region prospects. The service permits governments and enterprises to guard at the moment towards “Harvest Now, Decrypt Later” quantum computing assaults and drastically enhance the safety of quite a lot of IoT, defence and monetary companies functions, which is unachievable with different publish quantum cryptographic strategies. Arqit is the one firm on this planet to publish an impartial assurance report demonstrating that its software program makes keys that are Zero Trust and Computationally Secure.
As leaders within the quantum surroundings, it is a crucial milestone for Australia’s functionality, and is an indication of the shut collaboration promoted by the AUKUS trilateral safety pact between Australia, the United Kingdom, and the United States, introduced on 15 September 2021.
Phil Dawson, Managing Director and Co-Founder of AUCloud, mentioned: “In partnership with Arqit, we are proud to offer the first Symmetric Key Agreement Software (SKAS) service to the Australian market and near-Region customers. With our strong commitment to sovereign data protection, we are hugely excited by the potential of AUCloud’s sovereign Symmetric Key Agreement Software to provide post quantum safety. At a time when the public is even more conscious of personal data security and in light of the recent announcement by the Australian Government on its consultation process on their quantum strategy, AUCloud’s SKAS will further reduce the risk of data compromise for all Australians. Experience providing SKAS to early adopter customers will create even greater Australian leadership in this important and developing market.”
Arqit Founder, Chairman and CEO David Williams, mentioned: “We are excited to offer Arqit’s globally unique software in Australia in partnership with AUCloud. Our partnership builds on the huge amount of work Australia is doing in the quantum space and will enable us to deliver significant advantage to sovereign customers.”
About Arqit
Arqit provides a singular quantum secure encryption Platform-as-a-Service which makes the communications hyperlinks of any networked machine safe towards present and future types of assault – even from a quantum laptop. Arqit’s product, QuantumCloud™, permits any machine to obtain a light-weight software program agent, which might create encryption keys in partnership with some other machine. The keys are computationally safe, optionally one-time use and nil 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 linked machine. The firm was not too long ago awarded the Innovation in Cyber award on the National Cyber Awards.
Caution About Forward-Looking Statements
This communication contains forward-looking statements throughout the which means of the Private Securities Litigation Reform Act of 1995. All statements, apart from statements of historic info, 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 that will trigger precise outcomes to vary materially from present expectations. These elements are troublesome to foretell precisely and could also be past Arqit’s management. Forward-looking statements on this communication or elsewhere converse solely as of the date made. New uncertainties and dangers come up once in a while, and it’s not possible for Arqit to foretell these occasions or how they could have an effect on it. Except as required by legislation, Arqit doesn’t have any obligation 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 might 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 usually are not restricted to: (i) the end result of any authorized proceedings that could be instituted towards the Arqit associated to the business mixture, (ii) the flexibility to keep up the itemizing of Arqit’s securities on a nationwide securities change, (iii) modifications within the aggressive and controlled industries by which Arqit operates, variations in working efficiency throughout opponents and modifications in legal guidelines and rules affecting Arqit’s business, (iv) the flexibility to implement business plans, forecasts, and different expectations, and establish and realise further alternatives, (v) the potential incapacity of Arqit to transform its pipeline into contracts or orders in backlog into income, (vi) the potential incapacity of Arqit to efficiently ship its operational know-how which continues to be in improvement, (vii) the danger of interruption or failure of Arqit’s data know-how and communications system, (viii) the enforceability of Arqit’s mental property, and (ix) different dangers and uncertainties set forth within the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Arqit’s annual report on Form 20-F (the “Form 20-F”), filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2021 and in subsequent filings with the SEC. While the listing of things mentioned above and within the Form 20-F and different SEC filings are thought of consultant, no such listing needs to be thought of to be a whole assertion of all potential dangers and uncertainties. Unlisted elements might current important further obstacles to the realisation of forward-looking statements.
Media relations enquiries:
Arqit: [email protected]
FTI Consulting: [email protected]
Investor relations enquiries:
Arqit: [email protected]
Gateway: [email protected]
About AUCloud
AUCloud is Australia’s sovereign cloud Infrastructure-as-a-Service (IaaS) supplier, completely targeted on the Australian Government, Defence, Intelligence and Critical Infrastructure (CI) communities. AUCloud’s prospects profit from sovereign knowledge safety with the dimensions, automation, elasticity, and decrease prices related to hyperscale public cloud choices however with the reassurance of information sovereignty and certainty that every one knowledge sorts stay inside Australia. AUCloud is independently IRAP licensed to the PROTECTED degree controls of the Australian Cyber Security Centre’s (ACSC) Information Security Manual (ISM), and Certified Strategic in accordance with the DTA’s Hosting Certification Framework. AUCloud can be a member of the Defence Industry Security Program.
Media relations enquiries:
AUCloud: [email protected]
Investor relations enquiries:
AUCloud: [email protected]
