Name | Value |
---|---|
Revenues | 0.6M |
Cost of Revenue | 0.0M |
Gross Profit | 0.6M |
Operating Expense | 30.4M |
Operating I/L | -29.7M |
Other Income/Expense | -22.5M |
Interest Income | 0.0M |
Pretax | -52.2M |
Income Tax Expense | -0.1M |
Net Income/Loss | -48.6M |
Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. Its QuantumCloud allows devices to download a lightweight software agent to create encryption keys in partnership with other devices, ensuring secure communication. The company generates revenue by offering subscription-based access to its QuantumCloud platform, providing businesses and organizations with advanced cybersecurity solutions to protect their data and communications from cyber threats.