Plurilock Security Inc. (TSX-V:PLUR) said it has signed a US$2.2 million contract with the U.S. Department of Defense for a period of 1 year.
“We are pleased to sign a new contract with the U.S. Department of Defense,” Ian L. Paterson, CEO of Plurilock said in a statement.
“As part of our sales strategy, we aim to maintain a strong business relationship with existing customers across various sectors. This bodes well for our ongoing efforts to drive revenue growth and improve gross margins as a result of an increase in cross-sell opportunities within our customer base.”
Plurilock secures workforces in the age of artificial intelligence (AI) through its Plurilock AI platform, delivering advanced identity, data safety, and guard rails to safely implement AI solutions to commercial and government customers worldwide.