Arqit Quantum (ARQQ) Announces that Fabric Networks Purchases Full Commercial PI License for Arqit’s NetworkSecure™ Platform

Arqit Quantum Inc. (NASDAQ:ARQQ) is one of the Best Quantum Computing Stocks to Buy and Hold for 5 Years. On September 16, Arqit Quantum Inc. (NASDAQ:ARQQ) announced that Fabric Networks purchased a full commercial Private Instance (PI) license for Arqit’s NetworkSecure™ platform. This agreement will help Fabric Networks to scale quantum-safe network deployment throughout its customers’ infrastructure. Notably, Fabric Networks infrastructure consists of fibre‑optic networks, private LTE and 5G, pipeline telemetry, broadband, and managed network services.

Arqit Quantum (ARQQ) Announces that Fabric Networks Purchases Full Commercial PI License for Arqit’s NetworkSecure™ Platform

During H1 2025, Arqit Quantum Inc. (NASDAQ:ARQQ) engaged in or completed demonstration and test activity with 6 telecom network operators and 17 other commercial enterprises and government-related parties. Notably, revenue for H1 2025 was garnered from 6 contracts. Two of the contracts that garnered revenue during the period were multi-year contracts demonstrating annually recurring revenue. Generally, Arqit Quantum Inc. (NASDAQ:ARQQ)’s go-to-market strategy revolves around selling software licenses to network operators, technology vendors, and system integrators, which in turn are sold to their end customers. The company’s stock has a consensus 1-year price target of $52.0.

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.