Arqit Quantum Inc. Soars 15.96% on Quantum Encryption Hype

Before the BellFriday, Jun 20, 2025 4:46 am ET
1min read

On June 20, 2025, Arqit Quantum Inc. saw a significant rise of 15.96% in pre-market trading, driven by growing excitement over advancements in quantum encryption.

Arqit Quantum Inc. has been actively expanding its presence in the defense sector. The company recently joined Oracle's Defense Ecosystem, a global initiative aimed at enhancing the delivery of defense technologies. This partnership is expected to bolster Arqit's position in the market and drive further growth.

Additionally, Arqit Quantum Inc. has been focusing on strategic alliances and product launches to capitalize on the increasing demand for AI and cloud technologies. The company's involvement in Oracle's Defense Tech Summit further underscores its commitment to innovation and collaboration in the defense sector.