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Arqit Quantum (ARQQ) Announces Launch of SKA Central Controller (SKA-CC)

by FeeOnlyNews.com
7 months ago
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Arqit Quantum (ARQQ) Announces Launch of SKA Central Controller (SKA-CC)
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Arqit Quantum Inc. (NASDAQ:ARQQ) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 11, the company announced the launch of SKA Central Controller (SKA-CC), which is an innovative software platform future-proofing network security against current and post-quantum threats.

Arqit Quantum (ARQQ) Announces Launch of SKA Central Controller (SKA-CC)

Arqit Quantum Inc. (NASDAQ:ARQQ) highlighted that SKA-CC happens to be a crypto-agile, low-footprint product, allowing Telco and Defense Managed Service Providers to offer quantum-safe network services without incurring the cost and complexity of traditional key management.

In a separate development, Arqit Quantum Inc. (NASDAQ:ARQQ) announced that it expects revenue for the second half period ended 30 September 2025 of ~$460,000 – $470,000. For FY 2025, it expects revenue of between $525,000 – $535,000.

The revenue growth in FY 2025 on a YoY basis was mainly due to revenue recognition of new contracts signed in the fiscal year and the start of revenue recognition in March 2025 under the previously announced multi-year enterprise license contract in the EMEA region for the government end user. Arqit Quantum Inc. (NASDAQ:ARQQ) also executed contracts, which are anticipated to generate revenues of ~$1.2 million in FY 2026.

While we acknowledge the potential of ARQQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.



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