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BATM expands the reach of its cyber-security offering

"We continue to receive increasing demand for our cyber solution and expect more orders this year," said Zvi Marom, the CEO of BATM

BATM Advanced Communications Ltd - BATM expands the reach of its cyber-security offering

Real-time technologies company BATM Advanced Communications Limited (LON:BVC), has souped-up its cyber-security offering to make it compatible with devices using the Arm architecture.

BATM has enhanced its T-Sense product, which is a software-based smart network sensor that is able to discover and classify network devices, applications, services and activities over the network so that it is compatible with Arm architecture as well as Intel-based platforms. This enhanced product will be available to customers in 2020.

In addition, BATM has received another follow-on contract from its long-standing government defence department customer. This new order, which has a value of US$0.6mln (most of which will be delivered this year), is for enhancements to the software cyber-security products that the customer previously bought.

Following this latest order, the total contracted revenue awarded to the group to date by this customer for cyber-security products and services is more than US$14m.

You can see an interview from April 2019 with Zvi Marom, the chief executive officer of BATM, about the cybersecurity contract in the video below.

"These enhancements to our T-Sense solution to make it compatible with Arm architecture will allow our customers to leverage access to all major IT infrastructures and expands our addressable market. Alongside our work with Arm under our strategic partnership for the NFV market, we are now able to offer a comprehensive solution for Arm-based platforms that can provide cyber-security to virtual networks,” Marom said.

“We are also pleased to have received another order from this government defence department for our cyber software, which demonstrates the value that our solution offers and the satisfaction of this customer,” he added.

Quick facts: BATM Advanced Communications Ltd

Price: 42.868 GBX

LSE:BVC
Market: LSE
Market Cap: £188.74 m
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