12 Best Quantum Computing Stocks to Invest in Now

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10. Arqit Quantum Inc. (NASDAQ:ARQQ)

Number of Hedge Fund Holders: 8

Arqit Quantum Inc. (NASDAQ:ARQQ) is a cybersecurity company offering a unique symmetric key agreement platform, Arqit SKA-Platform™, which delivers quantum-safe encryption through a scalable software-only solution requiring no new hardware. Rebranded in 2024 from QuantumCloud™, it uses secure replicated entropy distribution and lightweight software agents to generate unbreakable keys on devices. Validated by the University of Surrey and aligned with NSA guidelines, Arqit is targeting widespread adoption via platform-as-a-service sales, supported by partnerships with major tech firms like Intel, AWS, and Dell.

Arqit Quantum Inc. (NASDAQ:ARQQ) has seen strong momentum and a strategic shift under new CEO Andy Leaver. Leaver, with deep software industry experience, emphasized Arqit’s unique symmetric key agreement software, growing market demand, and increasing industry recognition. Engagements with telecom providers and government sectors are growing, supported by compliance with NSA standards and endorsements like IDC Innovator status. Arqit aims to capitalize on rising quantum encryption awareness in 2025. Meanwhile, the company has secured a seven-figure, multi-year contract with a major Middle Eastern government agency via a distribution partner, expected to generate annual recurring revenue starting in fiscal 2025. This strategic win positions Arqit Quantum Inc. (NASDAQ:ARQQ) for further expansion in government and military markets.

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