Arqit Quantum (ARQQ) Announces Launch of SKA Central Controller (SKA-CC)

Arqit Quantum Inc. (NASDAQ:ARQQ) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 11, the company announced the launch of SKA Central Controller (SKA-CC), which is an innovative software platform future-proofing network security against current and post-quantum threats.

Arqit Quantum (ARQQ) Announces Launch of SKA Central Controller (SKA-CC)

Arqit Quantum Inc. (NASDAQ:ARQQ) highlighted that SKA-CC happens to be a crypto-agile, low-footprint product, allowing Telco and Defense Managed Service Providers to offer quantum-safe network services without incurring the cost and complexity of traditional key management.

In a separate development, Arqit Quantum Inc. (NASDAQ:ARQQ) announced that it expects revenue for the second half period ended 30 September 2025 of ~$460,000 – $470,000. For FY 2025, it expects revenue of between $525,000 – $535,000.

The revenue growth in FY 2025 on a YoY basis was mainly due to revenue recognition of new contracts signed in the fiscal year and the start of revenue recognition in March 2025 under the previously announced multi-year enterprise license contract in the EMEA region for the government end user. Arqit Quantum Inc. (NASDAQ:ARQQ) also executed contracts, which are anticipated to generate revenues of ~$1.2 million in FY 2026.

While we acknowledge the potential of ARQQ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARQQ and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.