LONDON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), a global leader in quantum-safe encryption, today announced that it has joined the 2025 cohort of Tomorrow Street's Scaleup X programme. The collaboration provides Arqit with access to Tomorrow Street's global network and ecosystem, creating opportunities to scale its technology across Vodafone's ecosystem.
Tomorrow Street, Vodafone's innovation centre based in Luxembourg, connects high-growth technology companies with partners and customers worldwide. Through Tomorrow Street's Scaleup X programme, Arqit will explore opportunities to apply its quantum-safe Symmetric Key Agreement (SKA-Platform) to support businesses in securing critical communications and data against evolving cyber threats, including those posed by quantum computing.
Participation in Tomorrow Street's Scaleup X programme supports Arqit's strategy to align its solutions with the growing demand for quantum-safe network security. By leveraging Tomorrow Street's network, Arqit will engage with decision-makers across Vodafone and the Luxembourg business ecosystem to explore new opportunities for adoption of NetworkSecure and SKA-Platform.
Andy Leaver, Chief Executive Officer of Arqit, commented: "We are thrilled to join Tomorrow Street's Scaleup X Programme. In the International Year of Quantum Science and Technology, there's global recognition of the urgent need to adopt quantum-safe encryption solutions. The ability to engage with Tomorrow Street's ecosystem provides a major opportunity to accelerate commercial deployments and deliver next-generation cyber security to customers across telecoms, critical infrastructure and enterprise sectors."
Notes to Editors
About Tomorrow Street
Tomorrow Streetpartners with innovative young companies and scales their technology solutions across Vodafone's global ecosystem. It is a joint venture between Vodafone Group and Luxembourg's national technology incubator, Technoport.
The innovation centre, based at Vodafone Procure & Connect, hosts and supports the next generation of strategic suppliers for Vodafone and is a technology hub that attracts entrepreneurs and talent to the fast-growing technology sector in Luxembourg.
About Arqit
Arqit Quantum Inc.
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Arqit: pr@arqit.uk
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Arqit: investorrelations@arqit.uk
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 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, (viii) market and other conditions, 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 5 December 2024 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.
