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March 22, 2023


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Plurilock Security (PLUR.V) receives order from NASA

Plurilock Security (PLUR.V) has received an order from the National Aeronautics and Space Administration for $140,000 USD. Yes that National Aeronautics and Space Administration, as in NASA.

NASA, the agency most famous for literally putting men on the moon, is turning to Plurilock for help. After pulling off the greatest technological feat of human history with a computer less powerful than an iPhone, they now need someone to protect them from cybersecurity.

This is just one of many orders Plurilock has received from US government agencies recently. Since April 1, 2021, Plurilock has announced a total of roughly $7.78 million USD in sales from signed contracts and orders.

The customers for these orders range from California’s State Health Agency to country governments to the Department of Defense. And now they’ve landed NASA.

So what is Plurilock selling? NASA will get Dell EMC storage maintenance support, which means that Plurilock will be using their cyber security abilities to protect and support NASA’s data storage.

NASA is not just the recipient of this order, however. Because NASA is also the agency for the Solution for Enterprise-Wide Procurement (SEWP) program (a program they launched in 2015), they, in a sense, were also responsible for placing the order.

This is important, because the SEWP V program, is the leading information technology (IT) contract vehicle, with government agencies spending $7.9 billion in fiscal 2020, with spending expected to grow to $8.8 billion in 2021. By developing their working relation with NASA, Plurilock could gain access to more contracts through the program.

Cyber security has become an increasingly salient issue in recent years, especially this Spring, when the Colonial Pipeline was hacked, causing petrol shortages in the south-east of the US. As more and more infrastructure in connected to the internet, cybersecurity will likely become an increasingly salient issue.

Plurilock shares are currently trading at $0.53 cents.

Full disclosure: Plurilock Security is an Equity Guru marketing client.

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