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Stock impact report

Sparkle Successfully Completes First Test of an International VPN Protected with Quantum Encryption

Arqit Quantum Inc. (ARQQ) 
Company Research Source: GlobeNewswire
LONDON, May 16, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Telecom Italia Sparkle, the first international service provider in Italy and among the top global operators, announce the successful completion of a Proof of Concept (PoC) on the first Internet Protocol secure (IPsec) tunnel between Italy and Germany using Arqit’s Symmetric Key Agreement Platform. The test was supported by Telsy, a TIM Group company specialized in cybersecurity. The PoC showcases the integration of Quantum Arqit's technology using Symmetric Key Agreement (SKA) into Sparkle's state-of-the-art network infrastructure, ensuring enhanced encryption methods for data transmission across geographical borders. This important step marks the creation of a software quantum-safe Virtual Private Network (VPN), standing as a pivotal moment in network security. Being software based, the SKA Platform is quickly and easily scaled across any existing t Show less Read more
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