BATM Advanced Communications Ltd (LSE:BVC) has received a new US$3 million order for its advanced hardware and software-based cyber solution, the company said on Monday.
Having already commenced delivery to the long-standing government defence department customer, BATM said the order would be largely met within six months.
“We are pleased to be awarded another significant order for our cyber security solution,” chief executive Moti Nagar commented.
“As we ramp up delivery under our existing orders and continue to receive new orders for our best-in-class cyber solution, we remain very confident in the prospects for this business and we look forward to reporting further progress.”
Nagar added that the deal meant that BATM had received some US$32 million worth of orders this year so far.
This follows the signing of a US$3.4 million software-based cyber security solution contract in September, alongside a US$26 million government cyber security order in January.