AUCloud launch Australia’s first Sovereign Quantum-Safe Encryption Service powered by Arqit Quantum Cloud™
10 October 2022 - 08:00AM
Sovereign Cloud Australia Pty Ltd (“AUCloud”), a leader in
sovereign Infrastructure-as-a-Service (IaaS) and Arqit Quantum Inc.
(Nasdaq: ARQQ, ARQQW) (“Arqit”), a leader in quantum-safe
encryption, are pleased to announce general availability of the
Asia Pacific region’s first Quantum Safe Symmetric Key Agreement
Software.
Powered by Arqit’s QuantumCloud™, the service is
available now from AUCloud as a Platform as a Service (PaaS),
enabling quantum-safe encryption capability for the Australian
market and near-Region customers. The service enables governments
and enterprises to protect today against “Harvest Now, Decrypt
Later” quantum computing attacks and greatly improve the security
of a variety of IoT, defence and financial services
applications, which is unachievable with other post
quantum cryptographic methods. Arqit is the only company in the
world to publish an independent assurance report demonstrating that
its software makes keys which are Zero Trust and Computationally
Secure.
As leaders in the quantum environment, this is a
critical milestone for Australia’s capability, and is a
demonstration of the close collaboration promoted by the
AUKUS trilateral security pact between Australia, the United
Kingdom, and the United States, announced on 15 September 2021.
Phil Dawson, Managing Director and
Co-Founder of AUCloud, said: “In partnership with Arqit,
we are proud to offer the first Symmetric Key Agreement Software
(SKAS) service to the Australian market and near-Region customers.
With our strong commitment to sovereign data protection, we are
hugely excited by the potential of AUCloud’s sovereign Symmetric
Key Agreement Software to provide post quantum safety. At a time
when the public is even more conscious of personal data security
and in light of the recent announcement by the Australian
Government on its consultation process on their quantum strategy,
AUCloud’s SKAS will further reduce the risk of data compromise for
all Australians. Experience providing SKAS to early adopter
customers will create even greater Australian leadership in this
important and developing market.”
Arqit Founder, Chairman and CEO
David Williams, said: “We are excited to offer Arqit’s
globally unique software in Australia in partnership with AUCloud.
Our partnership builds on the huge amount of work Australia is
doing in the quantum space and will enable us to deliver
significant advantage to sovereign customers.”
About Arqit
Arqit supplies a unique quantum safe 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. The company was recently awarded the
Innovation in Cyber award at the National Cyber Awards.
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 related
to the business combination, (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 convert its
pipeline into contracts or orders in backlog into revenue, (vi) the
potential inability of Arqit to successfully deliver its
operational technology which is still in development, (vii) the
risk of interruption or failure of Arqit’s information technology
and communications system, (viii) the enforceability of Arqit’s
intellectual property, and (ix) 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 December 16, 2021 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.
Media relations
enquiries: Arqit:
contactus@arqit.uk FTI Consulting:
scarqit@fticonsulting.com
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
Infrastructure (CI) communities. AUCloud’s customers benefit from
sovereign data protection with the scale, automation, elasticity,
and lower costs associated with hyperscale public cloud offerings
but with the assurance of data sovereignty and certainty that all
data types remain within Australia. AUCloud is independently IRAP
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.
Media relations enquiries:
AUCloud:
sroche@australiacloud.com.au
Investor relations enquiries:
AUCloud:
mcrouch@australiacloud.com.au
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