$PLUR receives purchase order from US Navy Identity-centric cyber-security solutions provider Plurilock Security Inc. has made a big step forward this month. On January 20, the company announced it has received a $239,000 purchase order from the US Department of the Navy.
The order is part of the SEWP V program and aligns with Plurilock's stated goal of expanding within the government and defence verticals. All 2022 contracts and orders since January 1, 2022, announced by Plurilock and its subsidiaries, including the latest order, represent a combined total of roughly US$547,000 in sales.
Implementing a zero-trust security approach reduces the cost of a data breach by $1.76 million, underscoring the importance of implementing zero-trust solutions and partnering with experienced cybersecurity and IT services vendors.
Under the terms of the purchase order, Aurora will provide the U.S. Department of the Navy with hardware and maintenance support.
This is a great start to the year for $PLUR and I expect that we will see more purchase agreements this quarter. The SEWP V program saw government agencies spend in the ballpark of $8.8 billion on contracts with IT service providers in 2021 alone.
$PLUR is currently trading at $.355 and is valued at an MCAP of $24.41 million.
https://ceo.ca/@newsfile/plurilocks-aurora-systems-receives-us239000-purchase