archTIS secures A$3.2M defence contract
Yahoo Finance ·
archTIS Ltd managing director and CEO Daniel Lai talked with Proactive about the company’s A$3.2 million contract with the Australian Department of Defence, renewing licensing for its Kojensi Enterprise secure collaboration platform and adding significant application development and maintenance services. The contract includes A$1.0 million in annual recurring software licences and A$2.2 million in application development and maintenance services. Lai said the Department of Defence had been both a sponsor and customer for many years, with archTIS Ltd consecutively renewing and growing licence counts in a highly classified area. Lai discussed the company’s progress with the US Department of Defense, where archTIS Ltd has completed testing across 60 use cases with a 100% pass mark. Lai said the company was entering commercial contract negotiations for a potential licence deal involving around 120,000 licences. The interview also covered archTIS Ltd’s work with Mattermost and Microsoft as part of a broader secure collaboration ecosystem for defence organisations, including NATO, Scandinavia, the US and the UK. Lai said this positioned archTIS Ltd as a provider of data-centric security solutions for allied forces. Visit Proactive’s YouTube channel for more videos, and don’t forget to give this video a like, subscribe to the channel and enable notifications for future content. #archTIS #ASXAR9 #ARHLF #KojensiEnterprise #CyberSecurity #DataSecurity #DefenceTechnology #AustralianDefence #DepartmentOfDefence #SecureCollaboration #ClassifiedInformation #USDoD #Mattermost #Microsoft #InvestorNews #ProactiveInvestors
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