Arqit Quantum
ARQQ

$0.39

3.26%

Market Cap: 65.7M

About: Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.

Employees: 147

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 3 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

104% more capital invested

Capital invested by funds: $3.37M [Q4 2023] → $6.88M (+$3.51M) [Q1 2024]

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

0.13% more ownership

Funds ownership: 4.34% [Q4 2023] → 4.48% (+0.13%) [Q1 2024]

13% less funds holding

Funds holding: 32 [Q4 2023] → 28 (-4) [Q1 2024]

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9

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Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$2

413%

upside

Avg. target

$2

413%

upside

High target

$2

413%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

HC Wainwright & Co. Scott Buck	413%upside $2	Buy Reiterated	11 Jul 2024
HC Wainwright & Co. Scott Buck	413%upside $2	Buy Reiterated	29 May 2024
HC Wainwright & Co. Scott Buck	413%upside $2	Buy Maintained	15 May 2024

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Financial journalist opinion

3 Quantum Computing Stocks to Buy Now: May 2024

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3 Quantum Computing Stocks to Buy Now: May 2024

Arqit Quantum Inc. (ARQQ) Q2 2024 Earnings Call Transcript

Arqit Quantum Inc. (NASDAQ:ARQQ ) Q2 2024 Earnings Call Transcript May 20, 2024 11:00 AM ET Company Participants David Williams - Founder, Chairman and CEO Nick Pointon - CFO Conference Call Participants Scott Buck - H.C. Wainwright Operator Good day, and thank you for standing by.

Arqit Quantum Inc. (ARQQ) Q2 2024 Earnings Call Transcript

Arqit Quantum Inc. Announces Financial and Operational Results for the First Half of Fiscal Year 2024

$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

Arqit Quantum Inc. Announces Financial and Operational Results for the First Half of Fiscal Year 2024

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Sparkle Successfully Completes First Test of an International VPN Protected with Quantum Encryption

The trial, also supported by Telsy's specific expertise, has confirmed the first Internet Protocol secure (IPsec) tunnel between Italy and Germany with advanced quantum-safe protection methods The trial, also supported by Telsy's specific expertise, has confirmed the first Internet Protocol secure (IPsec) tunnel between Italy and Germany with advanced quantum-safe protection methods

Sparkle Successfully Completes First Test of an International VPN Protected with Quantum Encryption

Arqit warns CISOs why they must act now to secure their data ready for the post-quantum world

LONDON, May 09, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today urges CISOs and security teams to urgently address their post-quantum technology strategies, as quantum computing advances rapidly. The risk of Store Now, Decrypt Later (SNDL) attacks underscores that the quantum threat is not a distant concern but an immediate security challenge demanding attention today.

Arqit warns CISOs why they must act now to secure their data ready for the post-quantum world

Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET

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.

Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET

Arqit and SoftIron Partner to sell more secure data center deployments

LONDON, May 02, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and SoftIron, the worldwide leader in true private cloud infrastructure announce a partnership to enable customers to make a seamless migration to quantum safe cloud tasks, with a priority focus on the defense sector. Arqit's quantum-safe products will be available as part of the SoftIron Partner Marketplace alongside other industry-leading solutions.

Arqit and SoftIron Partner to sell more secure data center deployments

Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions

LONDON, April 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the creation of the World's First Quantum-Safe, 1.89 Tb IPsec products collaborating with Intel.

Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions

Satellite Applications Catapult trials Arqit Network Secure™

LONDON, April 24, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the successful trial deployment of Arqit's Network Secure product by the Satellite Applications Catapult which works across the space sector to make use of and benefit from satellite technologies.

Satellite Applications Catapult trials Arqit Network Secure™

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