Plurilock Security Inc. (TSX-V:PLUR) has announced that all contracts and orders disclosed by its wholly-owned subsidiary, Aurora System Consulting Inc since January 1, 2022, represent a combined total of roughly US$42.3 million in sales as of December 31, 2022.
As has been the case to-date, many of the orders received continue to be part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC), and align with Plurilock's stated goal of expanding within the government and defense verticals.
The SEWP V program, launched by NASA in 2015, is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020.
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Estimates anticipate that agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021. The contract vehicle provides Plurilock with the opportunity to access downstream customers in the government sector.
Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.
Contact the author at jon.hopkins@proactiveinvestors.com