Arqit Quantum Inc. Announces Financial and Operational Results for the Fiscal Year 2023
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.
- Arqit WalletSecure™ will be offered as part of an existing product offering of a major global financial services company.
- During the second half of fiscal year 2023, Arqit delivered on revenue contracts with six channel partners representing sales of QuantumCloud™ Private Instance, QuantumCloud™ PaaS, Arqit NetworkSecure™ and Arqit TradeSecure™.
- For the fiscal year ending 30 September 2023, Arqit issued 7,814,459 shares under the ATM Program, generating gross proceeds of $11.5 million.
- Following the cost reduction initiative implemented in May 2023, Arqit’s headcount was 147 as of fiscal year end 2023.