Arqit Quantum Sells Quantum-Safe Network License to Fabric Networks

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Arqit Quantum (ARQQ) said Tuesday that Fabric Networks has purchased a commercial license for its NetworkSecure platform, aiming to expand deployment of quantum-safe networks.

The company said Fabric Networks will use the license to scale encryption services across its fiber, private LTE, 5G, broadband, and managed network infrastructure.

Financial terms were not disclosed.

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