Arqit Joins Fortinet Fabric-Ready Partner Program, Completes Integration to Enable Quantum-Safe Encryption
December 14 2022 - 8:00AM
Arqit (NASDAQ: ARQQ), a leader in quantum-safe encryption, today
announced it has joined the Fortinet Fabric-Ready Partner Program
as a Technology Alliance Partner and completed its first
integration between Arqit QuantumCloud™ and Fortinet’s FortiGate
Next Generation Firewalls (NGFWs).
Arqit’s QuantumCloud™ is the world’s first
fully scalable cloud based symmetric key agreement platform,
capable of creating zero trust quantum safe encryption keys at any
device. By integrating QuantumCloud™ with Fortinet’s FortiGate
Next-generation Firewalls, the resulting solution enables
unbreakable quantum-safe encrypted connectivity between customer
locations, keeping safe data both at rest and in transit. Arqit’s
QuantumCloud™ uses unique symmetric key agreement software to
provide quantum-safe keys which are consumed by Fortinet devices
during the formation of secure tunnels.
Commenting, David Williams, Arqit
Founder, Chairman and CEO said, “It is an honour to work
with Fortinet, one of the great pioneers of cybersecurity. We’re
excited to leverage our integration to deliver enhanced protection
against sophisticated cyber attacks for customers. In conjunction
with Fortinet’s industry-leading NGFWs, our strong, simple
encryption enables governments and enterprises to realise stronger
protection against cyber threats, and take a major step forward in
removing the quantum threat from their risk registers.”
John Maddison, EVP of Products and CMO
at Fortinet said: “We’re pleased to
welcome Arqit into Fortinet’s Open Ecosystem as a Fabric-Ready
technology alliance partner and deliver this integrated solution
for quantum safe firewalls to our global customer base.”
A Commitment to An Open
Ecosystem
Technology alliance partners are a key part of
the Fortinet Security Fabric, the industry’s highest performing
cybersecurity mesh platform, and enable the development of
integrated solutions to support secure heterogeneous vendor
environments. Open integration helps to simplify IT and operational
technology environments to obtain enhanced visibility and
comprehensive security across networks, endpoints and clouds. The
Fortinet Fabric-Ready Partner Program provides partners with
program infrastructure, resources, and tools to integrate with the
Security Fabric and develop joint solutions as part of the Fortinet
Open Ecosystem.
About Arqit
Arqit supplies a unique quantum safe encryption
Platform-as-a-Service which makes the communications links or data
at rest of any networked device or cloud machine 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 number of other devices. 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. Arqit believes it is the only company in the
market to have achieved Independent Assurance Review of its
Security Proof demonstrating that the software can produce
encryption keys which are zero trust and provably secure, i.e.
permanently safe against attack from even a full scale quantum
computer. This review was conducted by the GCHQ Accredited Centre
of Excellence in Cyber Security at the University of Surrey. The
addressable market for QuantumCloud™ is every connected device.
Arqit was recently awarded the Innovation in Cyber award at the UK
National Cyber Awards and Cyber Security Software Company of the
Year Award at the UK Cyber Security Awards. Learn more at
www.arqit.uk.
Fortinet and Arqit VPN Encryption Solution
Media relations
enquiries:Arqit:
contactus@arqit.ukFTI Consulting:
scarqit@fticonsulting.com
Investor relations
enquiries:Arqit:
investorrelations@arqit.uk Gateway:
arqit@gatewayir.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 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 14, 2022 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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