Virgin Orbit and Arqit
Expand Launch Agreements
December 22, 2021
Virgin Orbit has signed a new
launch contract covering two dedicated launches for
Arqit Quantum, Inc. plus additional commitments. The
two Arqit satellites delivered to Earth orbit by
Virgin Orbit’s LauncherOne air-launched system will
be the core component of Arqit’s
Platform-as-a-Service, delivering the root source of
randomness to all Arqit data centres using Arqit’s
ground breaking Quantum protocol ARQ19.
Arqit and Virgin Orbit are
collaborating on responsive space initiatives
serving the nations of the Five Eyes (FVEY)
international intelligence alliance, comprising of
Australia, Canada, New Zealand, the United Kingdom,
and the United States. Arqit announced in September
at the G7 conference the creation of a program
called “Federated Quantum System.” This is a private
instance of Arqit’s QuantumCloudTM technology that
allied defense departments requiring sovereign
control over mission critical encryption can
purchase from Arqit. These long-term, high-value
subscription contracts involve Arqit’s supply of
ring-fenced dedicated systems. Arqit has committed
to launch such additional customer funded systems
exclusively with Virgin Orbit, and that contract
allows for up to five launches that will be realized
as anticipated government contracts move forward to
utilize Arqit’s services.
The parties are also pleased to
announce that the QuantumCloudTM Software License
signed between the companies in parallel to the
launch services agreement will also enable Virgin
Orbit to use Arqit’s world-leading platform to
provide market-leading encryption to secure Virgin
Orbit’s global infrastructure. Thus Virgin Orbit
becomes the world’s first quantum safe launch
services provider.
Dan Hart, Chief Executive
Officer of Virgin Orbit commented: “I am delighted
to advance such a comprehensive collaboration with
Arqit. Supporting Arqit’s long term subscription
agreements with its defense department customers is
important and rewarding business for us. Following a
year of increased awareness of cyber risks to
businesses and governments, we’re excited for the
opportunity to provide our customers with the
promise that Arqit’s unique QuantumCloudTM system
can keep their mission safe.”
“I am delighted that another
prestigious global brand has decided to use
QuantumCloudTM to keep their customers’ assets
safe,” said David Williams, Founder of Arqit. It is
also great to be able to rely in Virgin Orbit’s
responsive launch capability to support the private
instance contracts that we are selling to our
government and defense customers. This sales
campaign has proceeded well in the last few months.
The revenues from these contracts are expected to
provide strong underpinning to our profitability
whilst the global Platform-as-a-Service rolls out
more generally. So it is critical that these systems
are deployed when we need them, and Virgin Orbit can
give that to us.”
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