Arqit Quantum Inc. (ARQQ) was selected by Tomorrow Street, a joint venture between Vodafone Group and Luxembourg’s Technoport, to join the venture’s Scaleup Partners portfolio. The partnership places Arqit’s quantum‑safe encryption solutions into Tomorrow Street’s suite of security offerings, making the company the first quantum‑security vendor in the portfolio.
The deal expands Arqit’s presence within Vodafone’s global ecosystem, providing a new channel for its NetworkSecure and Encryption Intelligence products. It is expected to accelerate market penetration and generate recurring revenue as Tomorrow Street scales its security solutions across Vodafone’s network and partner ecosystem.
This partnership follows Arqit’s participation in Tomorrow Street’s 2025 Scaleup X program and a recent contract with Colt Technology Services for the A&K Travel Group, underscoring strong demand for Arqit’s software‑only quantum‑safe encryption platform and potentially driving additional sales and channel opportunities in the coming quarters.
Arqit reported H1 FY2025 revenue of $530,000, up from $293,000 in FY2024, and preliminary H1 FY2026 revenue is expected between $620,000 and $630,000, indicating significant growth. The partnership is expected to contribute recurring revenue streams and accelerate growth.
On April 15 2026, Arqit shares traded up $2.01 to $15.98 on heavy volume, with a surge in call options, reflecting investor anticipation of the partnership announcement.
"We're proud to be the first quantum security company to join the Tomorrow Street Scaleup Partners portfolio. This has been driven by growing customer demand due to the acceleration of PQC migration timelines. Arqit's selection is a strong endorsement of the comprehensive, end‑to‑end solution we provide to help organizations meet these fast‑evolving requirements." – Andy Leaver, CEO, Arqit Quantum Inc.
"Arqit brings strong expertise in an area that is becoming increasingly important for organizations as they prepare for the future of security. Its journey through Scaleup X and into our portfolio reflects the role Tomorrow Street plays in identifying and supporting technologies with clear relevance to real‑world challenges." – Sara Robles Moreno, CEO, Tomorrow Street
Arqit’s partnership with Tomorrow Street positions the company to leverage Vodafone’s extensive network and partner ecosystem, potentially accelerating the adoption of quantum‑safe solutions and strengthening its competitive position in the post‑quantum cryptography market.
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