Plurilock Security inks contract extension with US Special Operations Command
The US$120,000 contract extension is the second Solution for Enterprise-Wide Procurement contract it has signed with the US Department of Defense in recent weeks
Company
CVE:PLUR
Plurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn’t an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, the company defends critical infrastructure and safeguards the systems that power modern life.
200 stories · page 10 of 10
The US$120,000 contract extension is the second Solution for Enterprise-Wide Procurement contract it has signed with the US Department of Defense in recent weeks
The company's revenue for the quarter doesn’t include results from its recent acquisition of Aurora Systems Consulting
The deal includes a security assessment, application analysis and testing, application penetration testing, policy and procedure review and development, network penetration testing, and remediation testing
The company said the product releases provide additional early access features, including new application compatibility, additional customization and tuning, and data privacy enhancements
It said the order includes deployment and support for its ADAPT and DEFEND products to protect against credential sharing, unauthorized access, and phishing attacks
The contracts were orchestrated through NASA's Solution for Enterprise-Wide Procurement, a US government-wide acquisition contract vehicle
The White House’s move on May 12 comes as cyberattacks against enterprises and US government agencies have increased at an alarming rate
Archive
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
The contract, its second order from a US government agency in the past week, will involve Plurilock delivering Public Key Infrastructure products and services to the US Department of Defense
The order is for the supply of Dell Servers to the department, one of the three main military branches within the US Department of Defense
Plurilock said its license revenue accounted for 68% of total revenues in 2020, up from 25% the previous year
The patent applications are expected to enhance its core technology and capabilities, as well as enable new pathways for the company to provide enhanced security to its clients
Aurora Systems Consulting is expected to provide Plurilock with a diversified client base of more than 140 tier-1 organizations
Aurora provides cybersecurity products and services to US clients including federal, state and local levels as well as commercial firms
The deal will provide Plurilock's technology offerings to a variety of North American organizations that require a strong cybersecurity infrastructure in order to provide secure remote work access
"The completion of our next-generation cloud rollout represents a significant leap forward for Plurilock," said CEO Ian Paterson
Falconer de Ramel is currently CEO of a well-recognized executive coaching firm, Periwinkle LLC, which specializes in developing effective communication skills
Under the milestone, the company passed a series of internal red team tests designed to further harden the technology and prepare it for external red team testing
The company said the new sales members will be tasked with executing numerous sales initiatives in order to grow Plurilock's client base in North America
"We are pleased to see increased institutional support in these past financings as they highlight the high level of interest and confidence the investment community has in Plurilock and the cybersecurity industry," said Ian L. Paterson, CEO