| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/31/2024 | $27.00 → $52.00 | Buy | H.C. Wainwright |
| 7/19/2022 | $7.00 | Hold | Deutsche Bank |
| 4/26/2022 | $16.00 | Buy | H.C. Wainwright |
LONDON, April 16, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW)) ("Arqit"), a leader in quantum-safe encryption, is pleased to announce the appointment of Jonathan Nguyen-Duy as Chief Technology Officer (CTO). He joins Arqit with an extensive background in cybersecurity in both the enterprise and federal sectors. Jonathan brings a wealth of experience in developing and scaling advanced security solutions for global enterprises and critical infrastructure providers. With a track record of leading innovation in cryptographic security, cloud technologies, and network defence, he will play a pivotal role in advancing Arqit's mission to protect the world's data from current
LONDON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a global leader in quantum-safe encryption, announces that CEO Andy Leaver will sit down with H.C. Wainwright Equity Research Analyst Scott Buck on 6 February 2025 at 10:00 a.m. ET to discuss next generation encryption and Arqit. A live webcast of the conversation will be available through H.C. Wainwright – register here (registration link) to join the webcast. To avoid delays, we encourage participants to connect to the webcast fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at ir.arqit.uk. About Arqit Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW)) s
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. Mr. Williams' entrepreneurial spirit was a driving f
LONDON, Jan. 23, 2022 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a leader in quantum encryption technology, is pleased to announce the appointment of Boon Hui Khoo as an advisor, effective immediately. An internationally-regarded expert in law enforcement and cybersecurity, Boon Hui has led a highly distinguished and decorated career fighting crime for over 40 years. He previously served as Senior Deputy Secretary of Singapore's Home Affairs Ministry, as the Police Commissioner of Singapore from 1997 to 2010, and as President of INTERPOL from 2008 to 2012. He has chaired major international fora, including three of the very first US-Singapore homeland security dialogues, and the bi
LONDON, May 27, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ) ("Arqit" or the "Company"), a global leader in quantum-safe encryption, today announced the acquisition of Ampliphae's product portfolio IP and innovations team. The Ampliphae product portfolio and team specialises in encryption risk advisory and AI analytics. This acquisition brings together Ampliphae's industry-leading Encryption Intelligence products with Arqit's quantum encryption technology and global reach, delivering a comprehensive proposition to identify and mitigate cyber risk exposure from both current and quantum threats. Ampliphae's core products provide organisations with complete visibility into all
LONDON, May 22, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ) ("Arqit" or the "Company"), a global leader in quantum-safe encryption, announces financial results for the first half of fiscal year 2025. Consistent with management's preliminary assessment of the expected range of revenue which was announced 4 April 2025, reported revenue for the first half period ended 31 March 2025 was $67,000.As previously announced, Arqit was awarded a multi-year enterprise license contract in the EMEA region for a government end user, which was signed prior to the end of the 2024 fiscal year. Revenue generation was expected to commence early in the first half of fiscal year 2025. However, du
LONDON, May 13, 2025 (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, 2025 on Thursday, May 22, 2025. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on May 22, 2025 with the Company's CEO, Andy Leaver, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the co
Equity Insider News Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, April 30, 2025 /PRNewswire/ -- Equity Insider News Commentary – Major tech leaders in the west are sounding the alarm, that the USA can't afford to fall behind China in quantum computers. Recently the city of Chattanooga became the first in the country to establish a quantum computing network, while the State of Maryland launched multi-million dollar quantum computing partnership with an agency of the Department of Defense. While much of the world's top talent are being recruited towards the AI boom, another potential talent shortage is being projected for quantum computing's inevitable "ChatGPT Moment
LONDON, April 16, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW)) ("Arqit"), a leader in quantum-safe encryption, is pleased to announce the appointment of Jonathan Nguyen-Duy as Chief Technology Officer (CTO). He joins Arqit with an extensive background in cybersecurity in both the enterprise and federal sectors. Jonathan brings a wealth of experience in developing and scaling advanced security solutions for global enterprises and critical infrastructure providers. With a track record of leading innovation in cryptographic security, cloud technologies, and network defence, he will play a pivotal role in advancing Arqit's mission to protect the world's data from current
LONDON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a global leader in quantum-safe encryption, announces that CEO Andy Leaver will sit down with H.C. Wainwright Equity Research Analyst Scott Buck on 6 February 2025 at 10:00 a.m. ET to discuss next generation encryption and Arqit. A live webcast of the conversation will be available through H.C. Wainwright – register here (registration link) to join the webcast. To avoid delays, we encourage participants to connect to the webcast fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at ir.arqit.uk. About Arqit Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW)) s
Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Dec. 16, 2024 /PRNewswire/ -- USA News Group News Commentary – Now that quantum computing capabilities are becoming a reality, thanks to another breakthrough, the future frontier of software innovation is nearer than ever. However, with the advent of the new Google Willow Chip, another very real concern is arising—the urgency of post-quantum cryptography migration. Quantum computers are likely to pose a severe threat to currently-used encryption practices. Behind the scenes, several innovative tech companies are working on quantum computing's capabilities both in problem solving and in cybersecurity, with recent developments coming
$293,000 in revenue generated for the full fiscal year Signed seven figure multi-year SKA-PlatformTM enterprise license contract Commence fiscal year 2025 with annual recurring revenue backlog Cash position of $18.7 million at the end of the period LONDON, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW)) ("Arqit" or the "Company"), a leader in quantum safe encryption, today announced its operational and financial results for the fiscal year ended 30 September 2024. Operational Highlights for fiscal year 2024 Arqit reported revenue of $293,000 for the fiscal year. The company executed on contracts during the period for 13 customers. Most contracts were limit
LONDON, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a leader in quantum safe encryption, announced it will report financial results for the fiscal year ending September 30, 2024 on Thursday, December 5, 2024. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on December 5, 2024 with the Company's CEO, Andy Leaver, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participants to dial
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 sh
H.C. Wainwright reiterated coverage of Arqit Quantum with a rating of Buy and set a new price target of $52.00 from $27.00 previously
Deutsche Bank initiated coverage of Arqit Quantum with a rating of Hold and set a new price target of $7.00
H.C. Wainwright initiated coverage of Arqit Quantum with a rating of Buy and set a new price target of $16.00
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LONDON, May 27, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ) ("Arqit" or the "Company"), a global leader in quantum-safe encryption, today announced the acquisition of Ampliphae's product portfolio IP and innovations team. The Ampliphae product portfolio and team specialises in encryption risk advisory and AI analytics. This acquisition brings together Ampliphae's industry-leading Encryption Intelligence products with Arqit's quantum encryption technology and global reach, delivering a comprehensive proposition to identify and mitigate cyber risk exposure from both current and quantum threats. Ampliphae's core products provide organisations with complete visibility into all
LONDON, May 22, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ) ("Arqit" or the "Company"), a global leader in quantum-safe encryption, announces financial results for the first half of fiscal year 2025. Consistent with management's preliminary assessment of the expected range of revenue which was announced 4 April 2025, reported revenue for the first half period ended 31 March 2025 was $67,000.As previously announced, Arqit was awarded a multi-year enterprise license contract in the EMEA region for a government end user, which was signed prior to the end of the 2024 fiscal year. Revenue generation was expected to commence early in the first half of fiscal year 2025. However, du
LONDON, May 13, 2025 (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, 2025 on Thursday, May 22, 2025. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on May 22, 2025 with the Company's CEO, Andy Leaver, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the co
LONDON, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a leader in quantum safe encryption, announced it will report financial results for the fiscal year ending September 30, 2024 on Thursday, December 5, 2024. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on December 5, 2024 with the Company's CEO, Andy Leaver, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participants to dial
USA News Group CommentaryIssued on behalf of Scope AI Corp. VANCOUVER, BC, July 9, 2024 /PRNewswire/ -- USA News Group – The age of quantum computing is rapidly approaching, and it's coming faster than we think. Using the principles of quantum theory that explains the behavior of energy and material on the atomic and subatomic levels, quantum computing has the capability to sift through huge numbers of possibilities and extract solutions to complex problems and challenges. Now experts are discussing the interplay of quantum computing, cybersecurity, and AI together, as demonstrated at the recent Tech.eu Summit in London. While today's quantum computers are "extremely error-prone" and capable
$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 Renewal or contract extension with nine existing customers, representing revenue from small engagements with potential for larger revenue opportunities in the future Recent significant award notification Additional cost reduction initiative commenced, which is expected to reduce operating costs to $1.8 million per month Cash position of $21.3 million at the end of the period LONDON, May 20, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ:ARQQ, ARQQW))) ("Arqit"), a leader in quantum safe encryption, today announced its operational and fin
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. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on May 20, 2024 with the Company's Founder, Chairman and CEO, David Williams, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participant
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. In an ever-connected world, enterprises need to take urgent action to strengthen their encryption to counter the growing threats from cyber adversaries. Compliant with NSA standards, Arqit's Platform as a Service makes symmetric encryption keys which cannot be broken even by quantum attack. Easily integrated at modest cost with dynamic rotating authentication, Arqit's groundbreaking tech
LONDON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a global leader in quantum safe encryption, announced it will report financial results for the fiscal year ending September 30, 2023 on Tuesday, November 21, 2023. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on November 21, 2023 with the Company's Founder, Chairman and CEO, David Williams, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays,
LONDON, May 03, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. ("Arqit"), a global leader in quantum encryption technology, announced it will report financial results for the six months ending March 31, 2023 on Wednesday, May 17, 2023. In conjunction with this announcement, Arqit will host a conference call at 11:00 a.m. ET / 8:00 a.m. PT on May 17, 2023 with the Company's Founder, Chairman and CEO, David Williams, and CFO, Nick Pointon. A live webcast of the call will be available on the "News & Events" page of the Company's website at ir.arqit.uk. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encou
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