Arqit Partners with AUCloud to Deploy Australia’s First Sovereign Quantum Encryption Service
January 18 2022 - 7:00AM
Arqit Quantum Inc (“Arqit”), a global leader in quantum encryption
technology, welcomes Sovereign Cloud Australia Pty Ltd (“AUCloud”)
as the latest local service provider to join the Federated Quantum
System for deployment in Australia in partnership with the
Australian Government.
AUCloud is a highly respected
Infrastructure-as-a-Service (IaaS) provider selling high security
sovereign cloud services to the Australian Government, Defence,
Intelligence, and Critical National Industry (CNI) communities.
NextDC, Australia’s largest data centre operator, is a key
strategic investor in AUCloud. Arqit’s Federated
Quantum System allows allied governments to have sovereign control
of a private instance of Arqit’s technology, interoperable with the
system of other participating allies. The main end user is
government, but a local service provider is always required and
Arqit is delighted that AUCloud will play this role and undertake
support for Arqit in Australia.
The emerging nexus around AUKUS – the
Australian, UK and US alliance for joint defence investment and
innovation – is creating an impetus around cyber security, quantum,
and Artificial Intelligence (AI). This has catalysed the joint
development of an Australia-wide network of Sovereign Quantum Edge
Cloud Services.
By addressing urgent threats to existing
cybersecurity infrastructure and creating the foundations for
critical future capabilities, Arqit’s partnership with AUCloud will
deliver an immediate capability to Australian customers in the
Defence, Government, Critical National Infrastructure (CNI) and
Enterprise sectors, including Financial Services.
The relationship will also provide further
opportunities for Australian industrial participation in space,
cyber and quantum technologies.
This agreement reinforces activities around the
UK-Australia Space Bridge agreement (signed between UK and
Australia in 2021) where Arqit has been awarded a contract to
prepare for Australian participation in Arqit’s Federated Quantum
System (FQS) programme alongside UK and Canada. The work includes
defining technical contributions to the mission, industrial supply
chain and preparation for deployment of Arqit’s QuantumCloud™
technology, which delivers full independence to the customer as
well as interoperability with the systems of other allied
partners.
Phil Dawson, Managing Director and
Co-Founder of AUCloud, said: “We are
excited to build upon AUCloud’s sovereign cloud focus and
collaborate with Arqit to launch this pioneering sovereign quantum
edge cloud service, as Australia continues to reinforce its
technical contributions to the space, cyber and quantum technology
mission.”
Arqit Founder, Chairman and CEO, David
Williams, added: “We are delighted to
support the Australian, UK and US alliance for joint defence
investment and innovation. The world needs stronger, simpler
encryption, and it is important that allied countries work together
to share the benefit of Arqit's globally unique, transformational
quantum safe encryption. We look forward to deepening our
partnership with Australian industry in this effort.”
About Arqit
Arqit supplies a unique quantum encryption
Platform-as-a-Service which makes the communications links of any
networked device secure against current and future forms of attack
– even from a quantum computer. Arqit’s product,
QuantumCloud™, enables any device to download a lightweight
software agent, which can create encryption keys in partnership
with any other device. The keys are computationally secure,
optionally one-time use and zero trust. QuantumCloud™ can
create limitless volumes of keys in limitless group sizes and can
regulate the secure entrance and exit of a device in a
group. The addressable market for QuantumCloud™ is every
connected device.
Media relations
enquiries:Arqit: Julie Moon T: +44 7825
503 950 E: julie.moon@arqit.uk
Investor relations
enquiries:Arqit:
investorrelations@arqit.uk Gateway:
arqit@gatewayir.com
About AUCloud
AUCloud is Australia’s sovereign cloud
Infrastructure-as-a-Service (IaaS) provider, exclusively focused on
the Australian Government, Defence, Intelligence and Critical
National Industry (CNI) communities. The cloud service enables
customers to benefit from sovereign data protection with the scale,
automation, elasticity, and lower costs associated with hyperscale
public cloud offerings. It is independently certified to the
PROTECTED level 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 is also a member of the Defence Industry Security
Program.
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) risks that the business combination
disrupts Arqit’s current plans and operations, (ii) the outcome of
any legal proceedings that may be instituted against the Arqit
related to the business combination, (iii) the ability to maintain
the listing of Arqit’s securities on a national securities
exchange, (iv) changes in the competitive and regulated industries
in which Arqit operates, variations in operating performance across
competitors, changes in laws and regulations affecting Arqit’s
business and changes in the combined capital structure, (v) the
ability to implement business plans, forecasts, and other
expectations after the completion of the business combination, and
identify and realize additional opportunities, (vi) the potential
inability of Arqit to convert its pipeline or orders in backlog
into revenue, (vii) the potential inability of Arqit to
successfully deliver its operational technology which is still in
development, (viii) the risk of interruption or failure of Arqit’s
information technology and communications system, (ix) the
enforceability of Arqit’s intellectual property, and (x) 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, filed with the U.S.
Securities and Exchange Commission (the “SEC”)
on December 16, 2021 and in subsequent filings with
the SEC. While the list of factors discussed above and the
list of factors presented in the final prospectus 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
realization of forward-looking statements.
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