Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) announced it has secured a contract worth US$190,000 with a US federal agency under National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP), a US Government-Wide Acquisition Contract Vehicle (GWAC).
Plurilock said it will provide the US federal agency with nearly 2,000 solid-state storage devices, used to boost the performance of existing computer hardware.
The contract is one of several signed between Plurilock and federal government agencies in recent weeks, which the company says emphasizes its continued efforts to expand sales within the government vertical.
Plurilock also noted that since May, it has signed nearly a dozen client contracts within the North American public and healthcare sectors, each worth between US$100,000 and US$1.15 million, resulting in an increased revenue run rate for the current fiscal year.
Victoria, British Columbia-based Plurilock Security is a cybersecurity company that provides multi-factor authentication (MFA) and true continuous authentication using AI-driven behavioral biometrics to confirm a user’s identity.
Unlike competing MFA solutions, Plurilock does not require users to complete lengthy login workflows using mobile messaging or code generators and, unlike competing continuous authentication solutions, the company provides true full-workday authentication in the background.
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