share_log

Arqit and Carahsoft Partner to Bring Symmetric Key Agreement Cybersecurity Product to the US Public Sector

GlobeNewswire ·  Feb 5 07:00

Groundbreaking Cybersecurity Solution Now Available to US Government Agencies

LONDON and RESTON, Va., Feb.  05, 2024  (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider, today announced a partnership. Under the agreement, Carahsoft will be Arqit's Master Government Aggregator, making Arqit's unique Symmetric Key Agreement Platform available through Carahsoft's reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO) ValuePoint, E&I Cooperative Services Contract and OMNIA Partners contracts.

Cyber adversaries employing "store-now, decrypt-later" attacks and stockpiling encrypted data to crack it open with quantum computers, presents long-term danger to organizations with sensitive data. Arqit's Symmetric Key Agreement Platform will enable end-customers to move simply and securely from a complex public-key infrastructure, which is vulnerable to a powerful quantum computer and relies on third parties, to a platform that is designed for the cloud and a world of connected devices.

"We are pleased to partner with Carahsoft to enable organizations to benefit from our unique Symmetric Key Agreement Platform, which hardens existing networks up to quantum-safe levels," said David Williams, Arqit Founder, Chairman and CEO. "Using our groundbreaking product, end-customers can simplify and strengthen their encryption to keep their data safe from current and future cyber threats."

"With the addition of Arqit's Symmetric Key Agreement Platform to our offerings, we are able to provide government agencies with the cutting-edge cybersecurity products required to meet newly enhanced regulations," said Brian O'Donnell, Vice President of Cybersecurity Solutions at Carahsoft. "We look forward to working with Arqit and our reseller partners to supply the Public Sector with advanced cryptographic technology that will ensure the resilience of our critical systems."

Arqit's solutions are available through Carahsoft's SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042, NASPO ValuePoint Master Agreement #AR2472, E&I Contract #EI00063~2021MA and OMNIA Partners Contract #R191902.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment