Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) announced that it was awarded a contract with the US Department of Defense under NASA's Solution for Enterprise-Wide Procurement (SEWP), a US Government-Wide Acquisition Contract Vehicle (GWAC), valued at about US$390,000.
The contract, its second order from a US government agency in the past week, will involve Plurilock delivering Public Key Infrastructure (PKI) products and services to the US Department of Defense.
Under the terms of the deal, the US Department of Defense will also have an option to continue licensing Plurilock's PKI offerings for an additional four-year period.
READ: Plurilock Security is locked in to rapid organic and M&A growth
The company noted it has a history of deploying and supporting Homeland Security Presidential Directive 12 (HSPD-12), Policy for a Common Identification Standard for federal employees and contractors, which establishes the mandatory requirement for secure and reliable forms of identification for federal employees and contractors.
It added that its past performance includes deploying and supporting various multi-factor authentication (MFA) solutions, PKI, as well as various MFA auxiliary and card management solutions.
SEWP consists of over a large pool of pre-competed prime contract holders, including more than 100 US small businesses.
On May 7, Plurilock announced it was awarded a US$1.15 million order from the US Department of the Navy.
Victoria, British Columbia-based Plurilock Security is a cybersecurity company that provides multi-factor authentication (MFA) and true continuous authentication using AI-driven behavioral biometrics to confirm a user’s identity.
Unlike competing MFA solutions, Plurilock does not require users to complete lengthy login workflows using mobile messaging or code generators and, unlike competing continuous authentication solutions, the company provides true full-workday authentication in the background.
Contact Sean at sean@proactiveinvestors.com