Plurilock Security (PLUR.V) picked up a $1.9 million order from the U.S. Department of Defense (DoD), as part of NASA’s solution for enterprise-wide procurement (SEWP) today, according to a press release.

 

Originally launched by NASA in 2015, the SEWP V program is a means for government agencies to hand out tech contracts to technology companies, with $7.9 billion being awarded in fiscal 2020. Estimates have that number rising to $8.8 billion in fiscal 2021. This contract opens the door for Plurilock to other customers in the government sector in the future.

 

Plurilock’s been at this for a few months now, picking up three contracts since May 2021 worth $1 million or more. These contracts and orders when you put them together represent a total of $7.4 million in sales. Not bad.

What’s Plurilock

Plurilock is a cybersecurity company offering a different spin on multifactor identification. They enable organizations to operate safely and security through world-class information technology and artificial intelligence and cloud friendly cybersecurity solutions.

 

The numbers attached to this order are actually an increase on the originally approval total of $1.8 million as part of an existing SEWP V contract. The upsell came at the behest of the company’s experience, customer service and their large IT support and cybersecurity solution portfolio. For example, Splunk, a security information and even management and data platform used by IT, security and DevOps teams, which has over 15,000 customers in 110 countries. Order terms include the company providing the U.S. DoD with several Splunk products, like apps for malware, VMware, user behaviour analytics and enterprise security.

Source: stockwatch.com

Plurilock Security is up two cents today, closing at $0.48.

—Joseph Morton

Written By:

Joseph Morton

Joseph is a Vancouver-based author and journalist with both a communications degree and journalism diploma (and a few novels) under his belt. His joie de vivre is to spin difficult technical topics into more human-centric narratives. Buy him a coffee and he'll talk your ear off for hours about privacy issues, blockchain, cryptocurrency and martial arts. Don't talk to him if you're either a tomato, a bully, or if you're not a fan of either 1984 or Tender is the Night. No. You can still talk to him. Just be prepared to be told why you're wrong.

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Tags:
Cybersecurity
Technology
cybersecurity
Defense contracts
government contracts
PLUR.V
Plurilock Security
SEWP
Solution for Enterprise-Wide Procurement
United States Department of Defense
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