02.05.2024 13:00:05 - dpa-AFX: GNW-Adhoc: 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.
SoftIron has integrated Arqit's Symmetic Key Agreement Platform (SKA-Platform(TM))
into HyperCloud, SoftIron's ready-to-run true private cloud experience, deployed
on-premises or on the battlefield. This brings the security of symmetric
encryption across data center and edge compute environments without the need for
additional infrastructure. It ensures customers win from optimal security, pace
of deployment, performance, scalability and sovereignty.
The technology represents a strongly complementary offering and both companies
will leverage their existing industry partnerships and defense customers.
"We are delighted to partner with SoftIron to bring Symmetric Key Agreement to
the deployable cloud. The combination offers customers huge advantage in rapid
and secure deployment of SoftIron's impressive capability, compatible with the
requirements of standards laid down for National Security Systems, and great
synergy in our customer bases," said David Williams, Chairman and CEO of Arqit
Limited.
"We are excited to have Arqit join the SoftIron+Co Partner Program as a
Technology Alliance Partner (TAP) that will enable all of Arqit's best-in-class
encryption solutions to our customers," said Phil Straw, CEO of SoftIron. "By
integrating Arqit's SKA-Platform(TM) with our true private cloud solutions, we are
empowering organizations to stay ahead of evolving cyber threats and ensure the
integrity and confidentiality of their data in rapid on-premises and battlefield
deployments. Complying with the new standards laid down for National Security
Systems in using symmetric encryption but in a manner that is flexible and fast
gives us an important edge."
Notes to Editors
Arqit representatives will be attending RSA (6-9 May 2024) and will be available
for interview. www.rsaconference.com/usa (http://www.rsaconference.com/usa).
For more information about Arqit and SoftIron, please visit Arqit's
(https://www.arqit.uk/) website and SoftIron's (https://www.softiron.com/)
website.
About SoftIron:
SoftIron is a Silicon Valley-based worldwide leader in true private cloud
infrastructure. HyperCloud by SoftIron allows organizations to build a true
private cloud on-premises that deploys, manages and consumes like public cloud.
HyperCloud provides the elasticity of cloud in a solution that is fast and
simple to deploy, driving extreme agility. HyperCloud delivers the benefits of
AWS Outposts or Azure Stack HCI but in a cloud-neutral solution. Learn more
at www.softiron.com (https://www.softiron.com/)
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 (http://www.arqit.uk)
Media relations enquiries:
Arqit: pr@arqit.uk (mailto:pr@arqit.uk)
Investor relations enquiries:
Arqit: investorrelations@arqit.uk (mailto:investorrelations@arqit.uk)
Gateway: arqit@gateway-grp.com (mailto:arqit@gateway-grp.com)
Mike Bradshaw
Connect Marketing for SoftIron
mikeb@connectmarketing.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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