archTIS secures Australian Department of Defence contract for NC Protect
The contract continues the expansion of the NC Protect platform within the Australian Department of Defence since archTIS merger with Nucleus Cyber in December. The contract is effective immediately for a fixed term ending 30 June 2021.
archTIS Ltd (ASX:AR9) has entered a contract with the Australian Department of Defence for the expanded deployment of NC Protect.
The NC Protect platform is used for enhanced information protection for file access and sharing, messaging and emailing of sensitive and classified content across Microsoft 365 apps, Dropbox, Nutanix Files and Windows file shares.
archTIS has secured the software support engagement contract, valued at A$296,000, for architecture and implementation services for the migration of NC Protect.
archTIS reports on record-breaking March quarter as revenue accelerates
archTIS Ltd s (ASX:AR9) Daniel Lai talks Proactive s Andrew Scott through its March quarter highlights. The company reported total revenue of $1.25 million, up 84% on the prior quarter, while gross profit increased 57% to $802,000. Lai says archTIS has also significantly expanded its customer base with multiple contract wins with leading global companies for its Kojensi and NC Protect product offerings.
Quick facts: archTIS Ltd
archTIS delivers “best quarter in history” with increased revenue and gross profit
“We continue to have a clear line of sight toward future aggressive growth trends in revenue while making key strategic investments in sales distribution, market awareness and product innovation,” says CEO & MD. The cyber security company’s revenue increased by 84% on the previous quarter.
archTIS (ASX:AR9) recorded a successful March quarter with its overall revenue, recurring revenue and gross profit all increasing significantly.
The company, which provides innovative software solutions for the secure collaboration of sensitive information, saw revenue increase by 84% on the previous quarter.
Gross profit was up 57% quarter-on-quarter, while recurring revenue also rose 57%.