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Plurilock (TSXV:PLUR) awarded US$1.15 million order with U.S. Department of the Navy

Technology
TSXV:PLUR
07 May 2021 09:30 (EDT)
Plurilock - CEO, Ian Paterson.

Source: Plurilock.

Plurilock Security Inc. (PLUR) has received a US$1.15 million order to provide Dell Servers to the US Department of the Navy.

This order falls under NASA’s Solution for Enterprise-Wide Procurement (“SEWP), United States Government-Wide Acquisition Contract Vehicle (“GWAC”). 

“As part of our long-term plan to expand across various industry verticals in North America, the order enables Plurilock to further solidify our position in capturing more opportunities within the U.S. government sector,” said Ian Paterson, CEO of Plurilock.

“Given the current cost-conscious environment, we will continue with our modest margin approach to win SEWP V awards, rapidly grow our customer base and create opportunities for follow-on sales of our core products that have higher margins.”

Plurilock offers world-class cybersecurity solutions paired with AI-driven, cloud-friendly security technologies that deliver persistent identity assurance with unmatched ease of use. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction.

Plurilock Security Inc. (PLUR) opened trading at C$0.51 per share.

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