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Tech

Plurilock lands US$1.08M US Air Force purchase order

The technology company said the order is the latest in a series of new business for its Solutions Division and represents the company's fourth order worth over US$1 million in recent months

Plurilock Security Inc, an identity-centric cybersecurity solution provider, said it has received a US$1.08 million purchase order from the US Air Force under the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US government-wide acquisition contract vehicle.

The Victoria, British Columbia-based technology company said the order is the latest in a series of new business for its Solutions Division and represents the company's fourth order worth over US$1 million in recent months. All contracts and orders signed by Plurilock since April 2021, including the latest order, represent a combined total of US$10.2 million in sales.

READ: Plurilock Security secures order from California state healthcare agency for US$794,000

According to the purchase order, Plurilock will provide a renewal of Dell maintenance support for existing hardware.

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.

Plurilock noted that 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.

“This order aligns with the company's planned growth strategy and efforts to acquire additional business within the government vertical,” Plurilock said in a statement.

Plurilock offers cybersecurity solutions paired with AI-driven, cloud-friendly security technologies that deliver persistent identity assurance.

Contact the author at stephen.gunnion@proactiveinvestors.com

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