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.
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All contracts and orders announced by Plurilock and its subsidiaries since 1 January 2022, including the latest orders, represent a combined total of around US$35.5 million in disclosed sales
“By integrating our flagship cybersecurity product with their IGEL OS platform, we will be able to provide IGEL customers and partners with a comprehensive offering that delivers a seamless experience to users," said Ian L. Paterson, CEO of
Many of the orders received were part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program
The award is 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)
“We are delighted to receive this multi-year purchase order from a top-tier U.S. customer, which bodes well for our sales pipeline,” said Ian L. Paterson, CEO of Plurilock
Analysts wrote that the acquisition would expand Plurilock Security’s geographic footprint, facilitating access and ongoing growth opportunities in the eastern United States
The deal, its fourth to date, will increase the group’s geographic footprint, allow it to leverage additional technology resources and expertise and grow its client network to over 600.
Gorman has over 35 years of strategy, product development and risk management experience and was most recently an Executive Vice President with Booz Allen Hamilton, the company said
"Moving forward, we intend to continue expanding the delivery of this robust product," said Ian L. Paterson, CEO of Plurilock
The company said many of the contracts won were from the US National Aeronautics and Space Administration (NASA)
Plurilock CEO Ian L Paterson said the credit facility provides flexibility to address working capital needs at Integra and "continues to enable the company to focus on its growth plans, which include strategic acquisitions and organic growt
Overall, the acquisition is expected to not only drive Plurilock’s sales growth but also, allow the company to enter the CASB market and gain a larger footprint in the global zero trust cybersecurity industry
Ian L. Paterson, CEO of Plurilock said: “As a Canadian company, it’s great to be able to take the experience that we have gained in the US and apply it within our domestic market"
The company said it intends to use the net proceeds received from the first tranche towards its acquisition pipeline and for general corporate purposes
All contracts and orders announced by Plurilock and its subsidiaries since January 1, 2022, including the latest orders, represent a combined total of roughly US$14.2 million in sales
The acquisition will enable Plurilock to expand its geographic footprint, and facilitate access and ongoing growth opportunities and expansion of its East Coast-American operations
“Our goals are to accelerate our revenue growth, enhance our gross margins and strengthen our zero-trust technology infrastructure, and enhance our footprint geographically,” said Ian L. Paterson, CEO of Plurilock
Many of the orders received continue to be part of the NASA's Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC), the company said
“Agents Only has selected Plurilock’s DEFEND Persisted continuous authentication solution to deliver true zero trust authentication for our distributed workforce,” said Ben Block, co-founder and CEO of Agents Only
The Paradigm analysts noted that the company has a strong customer roster with compliance in place (SOC 2) to operate as a reliable and trusted third-party vendor to government and financial institutions
