Arqit’s product QuantumCloud™ can make 58% energy saving

November 11, 2022

https://www.globenewswire.com/news-release/2022/11/11/2553979/0/en/Arqit-s-product-QuantumCloud-can-make-58-energy-saving.html

LONDON, Nov. 11, 2022 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (Nasdaq:ARQQ, ARQQW), a leader in quantum-safe encryption, supported a recent study by Dr Basel Halak and Dr Yildiran Yilmaz of Southampton University and Arqit Chief Cryptographer Dr Daniel Shiu called Comparative Analysis of Energy Costs of Asymmetric vs Symmetric Encryption-Based Security Applications comparing the energy consumption between asymmetric and symmetric key applications. The study confirms that Arqit’s technology can reduce the carbon footprints for operationally deployed cryptography.

Read more at globenewswire.com

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