Project Arrow- Canada’s First Zero Emissions Concept Vehicle
  • Cybeats Technologies (CYBT) announced its partnership with APMA and the upcoming launch of Project Arrow
  • Project Arrow is an all-Canadian zero-emission electric concept vehicle
  • Cybeats is a leading SBOM management and software supply chain intelligence technology provider
  • Cybeats Technologies Corp. (CYBT) is down 0.62 per cent, trading at C$1.61 per share at 1:16 pm ET

Cybeats Technologies (CYBT) announced its partnership with APMA and the upcoming launch of Project Arrow.

The APMA  (Automotive Parts Manufacturers’ Association) is Canada’s national association representing OEM producers of parts, equipment, tools, supplies, advanced technology, and services for the worldwide automotive industry. It accounts for 90 per cent of independent automotive parts production in Canada.

Cybeats also announced its designation as the ‘Official SBOM Management Provider’ of Project Arrow and the APMA. Cybeats’ SBOM Studio provides organizations with the capability to efficiently manage SBOM and software vulnerabilities. It provides proactive mitigation of risks to their software supply chain.

The company engages with APMA’s reach and their partners to deploy its SBOM management solution throughout the automotive sector in Canada. Cybeats is also the designated cybersecurity advisor for Project Arrow, which will debut in Las Vegas on January 5, 2023.

Project Arrow is an all-Canadian zero-emission electric concept vehicle. It will be designed, engineered, and built through the joint efforts of the world-class automotive supply sector and post-secondary institutions in Canada.

Cybeats is a leading SBOM management and software supply chain intelligence technology provider. It helps organizations manage risk, and meet compliance and security from procurement, and development through operation.

Cybeats Technologies Corp. (CYBT) is down 0.62 per cent, trading at C$1.61 per share at 1:16 pm ET.


More From The Market Online

Crypto stock Bitfarms adds upside to rising Bitcoin price

Bitfarms reaches a hashrate of 7 exahash per second after installing over 5,000 Bitmain T21 miners in Quebec.

Patagonia Gold reacquires COSE property from Pan American Silver

Patagonia Gold Corp. (TSXV:PGDC) has closed a transaction to reacquire the COSE property from Pan American Silver (TSX:PAAS).