Satellite Applications Catapult trials Arqit Network Secure™
24 Aprile 2024 - 1:00PM
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.
The satellite sector is strategically important
with long lived sensitive data and so is a prime target for
intellectual property theft. Satellite sector organisations must
ensure they are safe from both current and future cyber threats
including from quantum computing. Nation states and cyber
adversaries are known to be deploying “store-now, decrypt-later”
attacks, stockpiling encrypted data to decrypt it with the advent
of quantum computing. There is an urgent need to harden encryption
for network infrastructure today both for users transmitting data
over satellite infrastructure as well as for the multitude of
organisations in the supply chain that develop and operate it.
David Williams, Arqit Founder, Chairman
and CEO said:
“In an era where well-motivated state actors
relentlessly target critical sectors such as the satellite
industry, the imperative for robust cybersecurity measures has
never been more urgent. Arqit’s ground-breaking symmetric
encryption technology hardens networks and is simple to deploy
making data harvesting attacks impossible. We were delighted to
trial Network Secure with Satellite Applications Catapult and
demonstrate how it could safeguard sensitive IP and research data
from current and future cyber threats.”
Paul Febvre, CTO of the Satellite
Applications Catapult said:
“Being prepared for a quantum future is an
essential concern of CTOs and CIOs across the globe, and taking
incremental steps by exploring new technologies as they become
available improves awareness, skills and resilience against future
shocks.
“At the Satellite Applications Catapult, we are
keen to lead by example through building a better understanding of
the operational challenges associated with deployment and
exploitation of technologies and systems.
“We are pleased to have been able to work with
Arqit, and to test the performance of their Symmetric Key Agreement
Platform over existing hardware in our network infrastructure. We
anticipate that we will be deploying such technologies into our
operational systems to provide greater protection to our
communities in the future.”
About Arqit
Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit)
supplies a unique encryption software service which makes the
communications links of any networked device, cloud machine or data
at rest secure against both current and future forms of attack on
encryption – even from a quantum computer. Compatible with NSA CSfC
Components and meeting the demands of NSA CSfC Symmetric Key
Management Requirements Annexe 1.2. and RFC 8784, Arqit’s Symmetric
Key Agreement Platform uses a lightweight software agent that
allows end point devices to create encryption keys locally in
partnership with any number of other devices. The keys are
computationally secure and facilitate Zero Trust Network Access. It
can create limitless volumes of keys with any group size and
refresh rate and can regulate the secure entrance and exit of a
device in a group. The agent is lightweight and will thus run on
the smallest of end point devices. The product sits within a
growing portfolio of granted patents. It also works in a standards
compliant manner which does not oblige customers to make a
disruptive rip and replace of their technology. Arqit is winner of
two GSMA Global Mobile Awards, The Best Mobile Security Solution
and The CTO Choice Award for Outstanding Mobile Technology, at
Mobile World Congress 2024, recognised for groundbreaking
innovation at the 2023 Institution of Engineering and Technology
Awards and winner of the National Cyber Awards’ Innovation in Cyber
Award and the Cyber Security Awards’ Cyber Security Software
Company of the Year Award. Arqit is ISO 27001 Standard certified.
www.arqit.uk
About Satellite Applications Catapult
The Satellite Applications Catapult is an
independent innovation and technology company, created by Innovate
UK to drive economic growth through the exploitation of space. We
work with businesses of all sizes to realise their potential from
space infrastructure and its applications. Based in Harwell,
Oxfordshire, the Catapult was established in May 2013 as one of a
network of centres to accelerate the take-up of emerging
technologies and drive economic impact for the UK. We are a
not-for-profit research organisation which is registered as a
private company limited by guarantee and controlled by its Board.
See sa.catapult.org.uk for more information.
Media relations
enquiries:Arqit: pr@arqit.uk
Investor relations
enquiries:Arqit:
investorrelations@arqit.uk Gateway:
arqit@gateway-grp.com
Caution About Forward-Looking Statements
This communication includes forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements, other than statements of
historical facts, may be forward-looking statements. These
forward-looking statements are based on Arqit’s expectations and
beliefs concerning future events and involve risks and
uncertainties that may cause actual results to differ materially
from current expectations. These factors are difficult to predict
accurately and may be beyond Arqit’s control. Forward-looking
statements in this communication or elsewhere speak only as of the
date made. New uncertainties and risks arise from time to time, and
it is impossible for Arqit to predict these events or how they may
affect it. Except as required by law, Arqit does not have any duty
to, and does not intend to, update or revise the forward-looking
statements in this communication or elsewhere after the date this
communication is issued. In light of these risks and uncertainties,
investors should keep in mind that results, events or developments
discussed in any forward-looking statement made in this
communication may not occur. Uncertainties and risk factors that
could affect Arqit’s future performance and cause results to differ
from the forward-looking statements in this release include, but
are not limited to: (i) the outcome of any legal proceedings that
may be instituted against the Arqit, (ii) the ability to maintain
the listing of Arqit’s securities on a national securities
exchange, (iii) changes in the competitive and regulated industries
in which Arqit operates, variations in operating performance across
competitors and changes in laws and regulations affecting Arqit’s
business, (iv) the ability to implement business plans, forecasts,
and other expectations, and identify and realise additional
opportunities, (v) the potential inability of Arqit to successfully
deliver its operational technology, (vi) the risk of interruption
or failure of Arqit’s information technology and communications
system, (vii) the enforceability of Arqit’s intellectual property,
and (viii) other risks and uncertainties set forth in 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 21 November 2023 and in subsequent
filings with the SEC. While the list of factors discussed above and
in the Form 20-F and other SEC filings are considered
representative, no such list should be considered to be a complete
statement of all potential risks and uncertainties. Unlisted
factors may present significant additional obstacles to the
realisation of forward-looking statements.
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