Plurilock Security Inc. (TSX-V:PLUR) said Aurora Systems Consulting, Inc, a wholly-owned subsidiary, has received a US$220,000 order from the US Department of State as part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC).
According to the purchase order, Aurora will provide the Department - which oversees US foreign policy efforts via diplomacy, advocacy, and aid - with maintenance renewal on change and configuration management software. It said the order is part of the SEWP V program and aligns with its stated goal of expanding within the government vertical.
Including the latest order, all contracts and orders announced by Plurilock and its subsidiaries since April 2021 represent a combined total of roughly US$12.56 million in sales, the company added.
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“According to Cybersecurity Ventures, global cybercrime will cost the world $10.5 trillion annually by 2021, and with cyber attacks growing in frequency and intensity, the need for government agencies to work with experienced vendors in the cybersecurity and IT support space has increased significantly,” Plurilock noted.
The SEWP V program, launched by NASA in 2015, is the leading IT contract vehicle, with government agencies spending $7.9 billion in fiscal 2020. 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.
Plurilock Security provides identity-centric cybersecurity which enables organizations to operate safely and securely while reducing cybersecurity friction.
The company offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.
Contact the author at stephen.gunnion@proactiveinvestors.com