BATM Advanced Communications Ltd (LON:BVC)

BATM Advanced Communications Ltd (LON:BVC)

Share Price
45.22 p
-0.282 (-0.62 %)
Market Cap
£182.61 m
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BATM Advanced Communications Ltd RNS Release

$3.3m Follow-On Cyber Security Order

RNS Number : 2928Q
BATM Advanced Communications Ld
18 February 2019

LEI: 213800FLQUB9J289RU66


18 February 2019


BATM Advanced Communications Limited

("BATM" or "the Group")


BATM Awarded $3.3m Follow-On Cyber Security Order

Rapid expansion under cyber security contract with Government defence department customer


Further to the Group's announcement of 4 February 2019, BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has been awarded an additional follow-on contract by the same Government defence department customer. This new order has a value of $3.3m and will be delivered during 2019.


This order is for the delivery of additional hardware and software cyber security products. The Group is also providing the customer with cyber security services under a separate contract. Following this latest order, the total contracted revenue awarded to the Group to date by this customer for products and services for this cyber solution is over $13.3m.


Dr Zvi Marom, Chief Executive Officer of BATM, said:


"To have received this additional order from this customer so quickly after being awarded our previous contract reflects the significant opportunity that this market presents. Cyber security threats are a key concern for governments across the world and we can provide the right products and services to protect their substantial networks. The interest in our cyber solutions is increasing and, thanks to the strength of our offer, we expect to receive further orders and are very excited about the future prospects for this business."





BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525                 

Moti Nagar, Chief Financial Officer

Shore Capital

Mark Percy, Anita Ghanekar

+44 20 7408 4050 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100



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