Arqit Quantum Inc.

Arqit Quantum Inc. announced that the Eastern District of New York Federal Court approved a settlement agreement on June 1, 2026, resolving a previously disclosed putative class action lawsuit for $7 million. Following this approval, a separate putative class action lawsuit filed in the Supreme Court of the State of New York was voluntarily dismissed. As a result, all putative class actions against the company in U.S. federal and state courts have been resolved.

Arqit Quantum Inc. announced it will report its financial results for the six months ending March 31, 2026, on Thursday, May 21, 2026. The company will host a conference call on the same day at 11:00 a.m. ET / 8:00 a.m. PT, featuring CEO Andy Leaver and CFO Nick Pointon. A live webcast of the call will be accessible via the "News & Events" page on Arqit's investor relations website.

Arqit Quantum Inc. has been selected to join the Tomorrow Street portfolio as a Scaleup Partner, marking it as the first quantum security company to achieve this. This milestone follows Arqit's participation in Tomorrow Street's 2025 Scaleup X programme. The partnership will enable Arqit to further develop and scale its quantum-safe encryption solutions, leveraging Tomorrow Street's ecosystem, a joint venture between Vodafone Group and Technoport, to meet the increasing demand for post-quantum security.

Arqit Quantum Inc. announced preliminary unaudited financial results for the first half of fiscal year 2026, expecting revenue between $620,000 and $630,000. This represents a significant increase compared to $67,000 in the same period of fiscal year 2025 and surpasses the full fiscal year 2025 revenue of $530,000. The growth is attributed to revenue recognition from existing contracts and three new contracts signed during the period. The company also reported approximately $28.9 million in cash and cash equivalents as of March 31, 2026.