Advanced International Electronic Equipment Company WLL Sign Licence Contract For Arqit QuantumCloud
Portfolio Pulse from Happy Mohamed
Arqit Quantum Inc. (NASDAQ:ARQQ) and Advanced International Electronic Equipment Company WLL (AIEE) have announced the purchase of a licence for QuantumCloud™, Arqit's Symmetric Key Agreement Platform. AIEE will use the platform to offer enhanced security and privacy across networks, protecting customers from current and future cyber threats. The partnership aims to deliver stronger resilience against cyber threats for customers across the Middle East region.
August 04, 2023 | 12:27 pm
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Arqit Quantum Inc.'s partnership with AIEE for the use of its QuantumCloud™ platform could potentially increase its market reach and revenue, positively impacting its stock.
The partnership with AIEE allows Arqit Quantum Inc. to expand its market reach to the Middle East, potentially increasing its revenue. This could lead to a positive impact on its stock price in the short term.
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