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Arqit raising $400 million with a SPAC to launch quantum encryption satellites in 2023

Arqit raising $400 million with a SPAC to launch quantum encryption satellites in 2023

Source: SpaceNews
Date Published: 05/12/2021

British quantum technology encryption startup Arqit is raising $400 million in the space industry’s latest SPAC deal, supporting the launch and construction of two satellites in 2023 to protect against growing hacking threats.

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