Plurilock Security Inc (PLUR.V) is a Canadian identity-centric AI cybersecurity solutions company. The cybersecurity company provides multi-factor authentication (MFA) solutions using behavioral-biometric, environmental, and contextual technologies.
Today, the Company announced the signing of a US$6.16 million, five year contract with the United States Department of the Treasury.
“There is an increasing threat against computer systems throughout the world and Plurilock strives to improve the security status of public and private organizations,” said Plurilock CEO Ian L. Paterson. “Our operations through Aurora are key to obtaining and expanding our relationships within these organizations, especially with large government customers who have historically been stable buyers of IT throughout all economic environments.”
The contract, which includes a US$1.07 million base first year and four subsequent option years through Q4 2028, is for the provision of Microsoft Unified services and support to the Department, including AI Azure services and support. The contract was awarded through Aurora Systems Consulting subsidiary.
The stock is flat at time of writing on today’s news.
The downtrend remains intact and will be until we can close above the downtrend line. There is resistance at the $0.375 zone. This is the zone buyers want to see break to create strong momentum higher. Support comes in at the previous record lows at $0.20.
