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Tech

Plurilock Security says Aurora Systems subsidiary received purchase orders totaling US$13.1M in September

Many of the orders received were part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program

Plurilock Security Inc. (TSX-V:PLUR) said its wholly-owned subsidiary, Aurora Systems Consulting Inc received purchase orders from several organizations in September 2022, totaling US$13.1 million.

As has been the case to-date, many of the orders received continue to be 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).

The cybersecurity firm said the orders align with its ambition of expanding within the government and defense verticals.

READ: Plurilock Security says Aurora Systems subsidiary wins US$972,000 order from the US Department of the Air Force

Since the start of the year, Plurilock and its subsidiaries have received a combined total of about US$34.6 million in disclosed sales, including the latest orders.

Launched by NASA in 2015, the SEWP V program is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020. Estimates anticipate that the agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021.

Plurilock provides identity-centric cybersecurity for today's workforces, which allows organizations to operate safely and securely while reducing cybersecurity friction. The SEWP V program provides Plurilock with the opportunity to access downstream customers in the government sector.

Contact the author at jon.hopkins@proactiveinvestors.com

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