Arqit Quantum Inc. (NASDAQ: ARQQ) (NASDAQ: ARQQW) (Arqit), a leader in quantum-safe encryption, and DETASAD, a leading provider of telecommunications and Technology Solutions in the Kingdom of Saudi Arabia, today announced that Arqit’s Sovereign Symmetric Key Agreement Platform will be launched in the Kingdom of Saudi Arabia by DETASAD this month.
DETASAD, a market leader in data center and cloud services, cybersecurity and intelligence infrastructure solutions proudly announces expanding its cutting-edge partnership with Arqit, a global leader in quantum-safe cybersecurity. Together, the team is currently building a fully data-sovereign stack integrating Arqit’s groundbreaking Symmetric Key Agreement solution, a technology that integrates seamlessly into existing networks to create trusted connections and secure communication links for any networked device, cloud machine or application. Secure against current and future forms of attack on encryption including from a quantum computer, the platform enhances security, resilience and the dynamic management of today’s networks.
This collaborative endeavour will not only drive the development of Saudi-specific solutions atop this platform but will also pioneer a local R&D partnership. The ultimate vision is to translate locally created solutions into products for both the Saudi market and the global export market, further bolstering the Kingdom’s Vision 2030 alongside supporting the UK Government’s National Cyber Strategy. DETASAD are looking forward to making this unique proposition available to their customers commercially in the next few weeks and are happy to demonstrate the capabilities protecting their customer’s businesses.
Under this innovative alliance, DETASAD and Arqit are planning to integrate Arqit technology into DETASAD’s MadeinSaudi Smart Capacity Management to deliver state-of-the-art, locally-developed cybersecurity to every endpoint – be it satellite or any other platform within the DETASAD edge cloud.
“From this month, customers in the Kingdom of Saudi Arabia and across the region will be able to benefit from enhanced security and resilience against cyber attacks, delivered by DETASAD using Arqit’s unique Symmetric Key Agreement Platform” said David Williams, Arqit Founder, Chairman and CEO. “With the increasing threat and proliferation of connected devices, Arqit’s crypto agile technology offers governments and enterprises the ability to immediately benefit from higher standards of network data and information assurance, sustainable into the quantum era.”
“At DETASAD, we are excited to embark on this transformative journey with Arqit,” said Felix Wass, President & CEO. “Our partnership is more than just a technological alliance – we are setting out to revolutionize with a fully data-sovereign Symmetric Key Agreement Platform. We are not only bringing technology to the Kingdom of Saudi Arabia but will complement it and build a MadeInSaudi portfolio for the global markets.”
“I am delighted to welcome this important announcement” said Juliette Wilcox, the UK Government’s Cyber Security Ambassador. “Companies such as Arqit are leading the way in demonstrating how the UK’s cyber expertise can enhance cyber capabilities across Saudi Arabia, helping to further strengthen security across the Kingdom’s cyberspace.”
Notes to Editors
The announcement was made at the British Embassy in Riyadh, Wednesday 31 October, at an event hosted by Juliette Wilcox, the UK Government’s Cyber Security Ambassador, ahead of the start of the Global Cybersecurity Forum. Arqit Founder, Chairman and CEO David Williams and DETASAD President and CEO Felix Wass were both in attendance.
In June 2023, Arqit and DETASAD announced a Strategic Teaming Agreement to collaborate on creating sovereign security solutions and services (Arqit, Arqit and DETASAD announce Strategic Teaming Agreement, 12 June 2023, link).
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