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Stock impact report

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

Arqit Quantum Inc. (ARQQ) 
Company Research Source: GlobeNewswire
LONDON and RESTON, Va., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will be Arqit’s Master Government Aggregator®, making Arqit’s unique Symmetric Key Agreement Platform available through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO) ValuePoint, E&I Cooperative Services Contract and OMNIA Partners contracts. Cyber adversaries employing “store-now, decrypt-later” attacks and stockpiling encrypted data to crack it open with quantum computers, presents long-term danger to organizations with sensitive data. Arqit’s Symmetric Key Agreement Platform will enable end-customers to move simply and securely Show less Read more
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