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Plurilock (TSXV:PLUR) receives a US$1.08M purchase order

Technology
TSXV:PLUR
23 August 2021 09:00 (EDT)
Plurilock - CEO, Ian Paterson.

Source: Plurilock.

Plurilock Security (PLUR) has received a US$1.08 million purchase order from the U.S. Airforce.

This purchase order is part of the National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a U.S. Government-Wide Acquisition Contract Vehicle (GWAC).

This is the company’s fourth order worth over US$1 million in recent months. All contracts and orders signed by Plurilock since April 2021, including the latest order, represent a combined total of US$10.2 million in sales.

According to the purchase order, Plurilock will provide a renewal of Dell® maintenance support for existing hardware.

The Solution for Enterprise-Wide Procurement (SEWP) program, launched by NASA in 2015, is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020. It’s estimated that agencies will utilize SEWP V for $8.8 billion in contracted spending in fiscal 2021. The contract vehicle provides Plurilock with the opportunity to access downstream customers in the government sector.

Plurilock is an innovative, identity-centric cybersecurity company that provides identity-centric cybersecurity for today’s workforces.

Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.

Plurilock Security Inc. (PLUR) opened trading at C$0.55 per share.

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