Arqit Quantum Inc. announced the commercial launch of its Encryption Intelligence (EI) platform on January 22, 2026. EI is a cloud‑native solution that inventories an organization’s cryptographic assets, continuously discovers new keys, and prioritises remediation risks, enabling enterprises to map and address legacy encryption before quantum‑ready algorithms are deployed.
The launch is the first product beyond Arqit’s SKA‑Platform and NetworkSecure offerings and was selected by the UK National Cyber Security Centre (NCSC) for its Post‑Quantum Cryptography Pilot. The NCSC pilot, part of the Assured Cyber Security Consultancy Scheme, is a high‑profile endorsement that signals EI’s capability to identify hidden encryption risks across networks, applications, and cloud services. EI’s development was accelerated by Arqit’s acquisition of Ampliphae, which added advanced encryption‑risk analytics and visibility tools to the platform.
Financially, Arqit reported revenue of $530,000 for the fiscal year ended September 30, 2025, while operating cash outflows reached approximately $30 million in FY 2025, down from $34 million the year before. The company held about $36.9 million in cash and cash equivalents as of September 30, 2025, and expects contracts related to EI to generate roughly $1.2 million in fiscal year 2026. To support continued development and market expansion, Arqit has filed for a $250 million mixed‑securities offering, indicating a need to extend its cash runway beyond the first quarter of 2027.
Trevor Graham, Arqit’s Chief Security Officer, emphasized the platform’s strategic importance: “Organisations cannot manage what they cannot see. Encryption Intelligence provides the visibility and control needed to plan and execute PQC migration efficiently, minimising cost and disruption while meeting emerging compliance obligations.” The quote underscores the company’s focus on turning EI into a revenue‑generating solution that addresses a critical market need.
Investor sentiment around the announcement has been cautious, reflecting concerns about Arqit’s ongoing cash burn and limited current revenue. While the EI launch validates the company’s technology and opens a new revenue stream, the lack of immediate earnings from the product and the need for additional capital raise have tempered enthusiasm.
The EI launch positions Arqit to capture a growing post‑quantum migration market, but the company’s financial trajectory remains constrained by high operating expenses and modest revenue. Successful commercialization of EI will be pivotal for Arqit to transition from a niche technology provider to a scalable platform business, and the forthcoming capital raise will be critical to sustain development and market penetration efforts.
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