Arqit quantum inc. announces financial and operational results for the fiscal year 2023

$5.6 million of revenue and other operating income from discontinued operations for fiscal year 2023 revenue for the second half of fiscal year 2023 from the sale of quantumcloud™ symmetric key agreement encryption technology increased from the first half of fiscal year 2023 new specialised applications of quantumcloud™ symmetric key agreement encryption technology, including networksecure™ , tradesecure ™ and walletsecure ™ offerings 13 channel partnerships signed in the fiscal year, including 8 in the second half of the period, with revenue generation commenced through 6 such relationships london, nov. 21, 2023 (globe newswire) -- arqit quantum inc. (nasdaq: arqq, arqqw) (“arqit”), a global leader in quantum-safe encryption, today announced its operational and financial results for the full fiscal year 30 september 2023. operational highlights in december 2022, arqit launched a pivot in go-to-market strategy to selling its cloud delivered quantumcloud™ platform as a service (“paas”) through channel partnerships rather than a previous emphasis on direct enterprise license sales.
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