BATM receives additional follow-on cybersecurity contract

20 February 2019 (Last Updated February 20th, 2019 10:57)

BATM Advanced Communications has received a cybersecurity order from an undisclosed government defence department customer.

BATM Advanced Communications has received a cybersecurity order from an undisclosed government defence department customer.

The order is an additional follow-on contract awarded by the same defence customer. Further details about the cyber solution have not been disclosed.

The value of the contract amounts to $3.3m and will see BATM provide additional hardware and software cybersecurity products.

With this order, the company’s total contracted revenue increases to more than $13.3m.

The company is required to deliver the contract work this year.

“Cybersecurity threats are a key concern for governments across the world and we can provide the right products and services to protect their substantial networks.”

BATM chief executive officer Dr Zvi Marom said: “To have received this additional order from this customer so quickly after being awarded our previous contract reflects the significant opportunity that this market presents.

“Cybersecurity threats are a key concern for governments across the world and we can provide the right products and services to protect their substantial networks.

“The interest in our cyber solutions is increasing and, thanks to the strength of our offer, we expect to receive further orders and are very excited about the future prospects for this business.”

The company is also delivering cybersecurity services to the customer as part of a separate contract.

BATM Advanced Communications is a provider of real-time technologies for networking solutions and medical laboratory systems.

In January last year, the company’s Networking and Cyber division was awarded a contract to provide a cyber communication technology solution to a government defence department.