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$33 Million Contract Awarded to Enhance Cybersecurity for State-Level Public Higher Education, Plus $6 Million Award by Major Municipal Transportation Agency: Cycurion, Inc. (Nasdaq: CYCU)
$33 Million Contract Awarded to Enhance Cybersecurity for State-Level Public Higher Education, Plus $6 Million Award by Major Municipal Transportation Agency: Cycurion, Inc. (Nasdaq: CYCU)

Globe and Mail

time15-05-2025

  • Business
  • Globe and Mail

$33 Million Contract Awarded to Enhance Cybersecurity for State-Level Public Higher Education, Plus $6 Million Award by Major Municipal Transportation Agency: Cycurion, Inc. (Nasdaq: CYCU)

$CYCU Has Delivered $17.8 Million Revenue with +59% y/y Adjusted EBITDA Generating $1.2 Million Net Income for 2024 Full Year. Cybersecurity Leader Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-layered SaaS Solution. Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies. Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies. Delivering State-of the-Art, Al-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity. $33 Million Contract Renewal Awarded to Enhance Cybersecurity for State-Level Public Higher Education Institutions Over 5 Years. $6 Million Contract Award by Major Municipal Transportation Agency. Expansion into Latin America via Partnership with LSV-TECH International Extending Sales Presence Into 135 Countries via Nokia Agreement. 2024 Total Revenue of 17.8 Million with Adjusted EBITDA of $2.3 Million, +58.9% y/y with Expanded Margin of 12.9% vs $1.4 Million in FY2023. Net Income of $1.2 Million Marking First Full Year of Net Profitability. Earnings Per Share Improvement to $0.07 Basic and $0.01 Fully Diluted, Versus $(0.14) in Both Categories for FY2023. With High Product Pargins, the ARx Security Platform is a Cybersecurity Breakthrough and the Foundational Future Contributor to CYCU growth. Technology Veterans, Many Holding High-Level Security Clearances and Have Served Critical Roles in Public and Private Sectors. Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry — who directly oversaw the first internet protocols and the creation of .com domains — CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape. Cybersecurity has become an increasingly critical issue as illustrated by many top level media sources devoting high profile features on the subject. Here are some recent examples of investment opportunities in this emerging global business sector: CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience. The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset — without hardware requirements or cloud installations — while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers. $33 Million Contract Renewal to Enhance Cybersecurity for State-Level Public Higher Education Institutions On May 13th CYCU announced that it had been awarded a significant contract renewal by a major state-level public higher education group. Under this renewed agreement, CYCU will deliver comprehensive cybersecurity services to member universities and colleges within the group, ensuring they are equipped to defend their education-focused operations and digital assets against the ever-evolving landscape of cyber threats. The renewal, valued at $33 million over the five-year term, extends the CYCU partnership through November 2030. Comprehensive Cybersecurity Services As part of this renewed contract, CYCU will provide an extensive suite of cybersecurity and governance, risk, and compliance (GRC) 24x7x365 managed support services, which include: Enterprise Security Strategy: Developing a holistic approach to security that aligns with institutional goals and protects valuable digital assets Risk & Vulnerability Assessment & Testing: Continuous evaluation and testing of security measures to identify vulnerabilities and enhance defenses Disaster Recovery: Strategies and solutions to restore systems and data after disruptive events Business Continuity Planning: Ensuring ongoing operations during and after a security incident Forensics and Recovery Services: Comprehensive support for incident investigation and data recovery Regulatory Compliance Analysis: Assisting institutions in meeting federal and state compliance requirements In addition to the member institutions of this State-Level Public Higher Education Group, any university or governmental entity across the United States can leverage this contract vehicle to access CYCU cybersecurity services. The contract provides a streamlined pathway for educational and governmental organizations to enhance their cybersecurity posture without the need for an extensive procurement process. $6 Million Contract Award by Major Municipal Transportation Agency On April 29th CYCU announced it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, CYCU will deliver a wide range of professional consulting services, including Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services. The Scope of Work also potentially includes the integration of CYCU proprietary ARx platform to further enhance operational and cybersecurity capabilities. CYCU brings extensive transportation sector expertise, combined with a strong track record in defining and measuring organizational performance to address deficiencies. Specific services provided will include Risk and Vulnerability Assessments, Regulatory Compliance Analysis, Enterprise Cybersecurity Strategy Development, Testing, and Vulnerability Management. Expansion into Latin America Through Partnership with LSV-TECH International of Colombia Extending Sales Presence Into 135 Countries via Nokia Agreement On April 22nd CYCU announced a partnership with LSV-TECH International Consortium for Digital Transformation and Technological Innovation to expand its new Managed Security Services Platform (MSSP) Cyber Shield into Latin America and strengthen cross-border interconnections globally. The partnership is commencing through a pilot program with several Colombian universities to showcase the CYCU MSSP Cyber Shield. LSV-TECH has long-term, established relationships with several higher education institutions in Colombia, wherein strategic alliances aimed at developing digital talent and strengthening capabilities in new technologies have been developed. These relationships allow for joint efforts in applied research, professional internships, training in emerging technologies, AI, and open innovation programs. With an established footprint predominantly in Latin America that will have an estimated $5 billion cybersecurity market in 2027 – Brazil, Spain, Peru, Chile, and Colombia – along with its global partnership with Nokia, acting as a primary IT service provider in over 135 countries, LSV-TECH plays a critical role in essential technological solutions that enhance global connectivity. The CYCU partnership with LSV-TECH greatly enhances the Company's high impact, yet cost-effective, MSPP Cyber Shield solution sales reach, enabling it to penetrate a vast network of potential government, education, and enterprise clients globally. Full Year 2024 Financial Results Adjusted EBITDA of $2.3 million (+59% y/y); Generated $1.2 million of Net Income On April 17th CYCU reported its financial results for the full year ended December 31, 2024, and provided a corporate update highlighting a year of strategic execution, operational discipline, and solid financial performance. CYCU is poised for a strong 2025, driven by a strategic overhaul focused on sustainable growth and innovation. Over the past year, CYCU streamlined operations, significantly cutting General and Administrative expenses while boosting gross profit for greater financial strength. CYCU invested heavily in AI-driven technology, sharpening its competitive edge. CYCU Financial Highlights: Revenues of $17.8 million. SG&A expenses reduced by 47.5%, demonstrating operational efficiency and tighter strategic focus. Adjusted EBITDA of $2.3 million, up 58.9% year-over-year with an expanded margin of 12.9% vs $1.4 million (7.4% margin) in FY2023, reflecting strong cost management and scalable operations. Net income of $1.2 million, a significant turnaround from a net loss of $2.1 million in FY2023 — marking first full year of CYCU net profitability. Earnings per share improvement to $0.07 basic and $0.01 fully diluted, versus $(0.14) in both categories in FY2023. 2024 & YTD 2025 Strategic, Technological and Corporate Milestones CYCU significantly expanded its next-generation product and services portfolio, further solidifying its position as a trusted partner in advanced cybersecurity solutions. CYCU Listed & Began Trading on Nasdaq: Completed merger with Western Acquisition Ventures in February 2025 U.S. Launch of AI-driven SaaS ARx Cybersecurity Platform: New high margin, AI-driven cybersecurity solution expands CYCU reach following strong initial reception in the government and public sectors in March 2025 Launched Cyber Shield Managed Security Services Platform (MSSP) Launch: Includes SOC as Service, External Attack Surface Management, Web Application Firewall and Virtual CISO Support & Consulting Expanded Partnership with Journal Technologies: Secured $22 million multi-year contract with State Police Agency Strengthened Board of Directors Appointing Accomplished IT Professionals: Kevin O'Brien and Reginald Bailey bring a combined 55 years of IT, Big Data and AI industry, entrepreneurial and C-suite experience to CYCU. Disclosure listed on the CorporateAds website Media Contact Company Name: Cycurion, Inc. Contact Person: Kevin Kelly, Chairman & CEO Email: Send Email Phone: 888-341-6680 Address: 1640 Boro Place 4th Floor City: McLean State: Virginia Country: United States Website:

$6 Million Contract Award by Major Municipal Transportation Agency Demonstrating Growth Through Comprehensive IT and Cybersecurity Services: Cycurion, Inc. (Nasdaq: CYCU)
$6 Million Contract Award by Major Municipal Transportation Agency Demonstrating Growth Through Comprehensive IT and Cybersecurity Services: Cycurion, Inc. (Nasdaq: CYCU)

Associated Press

time30-04-2025

  • Business
  • Associated Press

$6 Million Contract Award by Major Municipal Transportation Agency Demonstrating Growth Through Comprehensive IT and Cybersecurity Services: Cycurion, Inc. (Nasdaq: CYCU)

$CYCU Has Delivered $17.8 Million Revenue with +59% y/y Adjusted EBITDA Generating $1.2 Million Net Income for 2024 Full Year. Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry — who directly oversaw the first internet protocols and the creation of .com domains — CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape. Cybersecurity has become an increasingly critical issue as illustrated by many top level media sources devoting high profile features on the subject. Here are some recent examples of investment opportunities in this emerging global business sector: CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience. The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset — without hardware requirements or cloud installations — while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers. $6 Million Contract Award by Major Municipal Transportation Agency Award demonstrates Cycurion's growth in public, transportation sector through comprehensive IT and cybersecurity services offering On April 29th CYCU announced it has been awarded a $6 million contract by a major municipal transportation agency. Under this contract, CYCU will deliver a wide range of professional consulting services, including Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services. The Scope of Work also potentially includes the integration of CYCU proprietary ARx platform to further enhance operational and cybersecurity capabilities. CYCU brings extensive transportation sector expertise, combined with a strong track record in defining and measuring organizational performance to address deficiencies. Specific services provided will include Risk and Vulnerability Assessments, Regulatory Compliance Analysis, Enterprise Cybersecurity Strategy Development, Testing, and Vulnerability Management. Expansion into Latin America Through Partnership with LSV-TECH International of Colombia Extending Sales Presence Into 135 Countries via Nokia Agreement On April 22nd CYCU announced a partnership with LSV-TECH International Consortium for Digital Transformation and Technological Innovation to expand its new Managed Security Services Platform (MSSP) Cyber Shield into Latin America and strengthen cross-border interconnections globally. The partnership is commencing through a pilot program with several Colombian universities to showcase the CYCU MSSP Cyber Shield. LSV-TECH has long-term, established relationships with several higher education institutions in Colombia, wherein strategic alliances aimed at developing digital talent and strengthening capabilities in new technologies have been developed. These relationships allow for joint efforts in applied research, professional internships, training in emerging technologies, AI, and open innovation programs. With an established footprint predominantly in Latin America that will have an estimated $5 billion cybersecurity market in 2027 – Brazil, Spain, Peru, Chile, and Colombia – along with its global partnership with Nokia, acting as a primary IT service provider in over 135 countries, LSV-TECH plays a critical role in essential technological solutions that enhance global connectivity. The CYCU partnership with LSV-TECH greatly enhances the Company's high impact, yet cost-effective, MSPP Cyber Shield solution sales reach, enabling it to penetrate a vast network of potential government, education, and enterprise clients globally. Full Year 2024 Financial Results Adjusted EBITDA of $2.3 million (+59% y/y); Generated $1.2 million of Net Income On April 17th CYCU reported its financial results for the full year ended December 31, 2024, and provided a corporate update highlighting a year of strategic execution, operational discipline, and solid financial performance. CYCU is poised for a strong 2025, driven by a strategic overhaul focused on sustainable growth and innovation. Over the past year, CYCU streamlined operations, significantly cutting General and Administrative expenses while boosting gross profit for greater financial strength. CYCU invested heavily in AI-driven technology, sharpening its competitive edge. By pivoting away from low-margin clients to high-value opportunities, CYCU has built a robust framework for organic growth. CYCU Financial Highlights: Revenues of $17.8 million. SG&A expenses reduced by 47.5%, demonstrating operational efficiency and tighter strategic focus. Adjusted EBITDA of $2.3 million, up 58.9% year-over-year with an expanded margin of 12.9% vs $1.4 million (7.4% margin) in FY2023, reflecting strong cost management and scalable operations. Net income of $1.2 million, a significant turnaround from a net loss of $2.1 million in FY2023 — marking first full year of CYCU net profitability. Earnings per share improvement to $0.07 basic and $0.01 fully diluted, versus $(0.14) in both categories in FY2023. Free Cash Flow improvement to $(1.8) million from $(2.5) million despite growth investments in personnel and platform development. 2024 & YTD 2025 Strategic, Technological and Corporate Milestones CYCU significantly expanded its next-generation product and services portfolio, further solidifying its position as a trusted partner in advanced cybersecurity solutions. CYCU Listed & Began Trading on Nasdaq: Completed merger with Western Acquisition Ventures in February 2025 U.S. Launch of AI-driven SaaS ARx Cybersecurity Platform: New high margin, AI-driven cybersecurity solution expands CYCU reach following strong initial reception in the government and public sectors in March 2025 Launched Cyber Shield Managed Security Services Platform (MSSP) Launch: Includes SOC as Service, External Attack Surface Management, Web Application Firewall and Virtual CISO Support & Consulting Expanded Partnership with Journal Technologies: Secured $22 million multi-year contract with State Police Agency Strengthened Board of Directors Appointing Two Highly Accomplished IT Professionals: Kevin O'Brien and Reginald Bailey bring a combined 55 years of IT, Big Data and AI industry, entrepreneurial and C-suite experience to CYCU. For more information on $CYCU visit: DISCLAIMER: Disclosure listed on the CorporateAds website Media Contact Company Name: Cycurion, Inc. Contact Person: Kevin Kelly, Chairman & CEO Email: Send Email Phone: 888-341-6680 Address:1640 Boro Place 4th Floor City: McLean State: Virginia Country: United States Website: Source: CAP, LLC

AI Driven Cybersecurity Firm Accelerating Growth posts $17.8 Million Revenue with +59% Adjusted EBITDA Generating $1.2 Million Net Income for 2024: Cycurion, Inc. (Nasdaq: CYCU)
AI Driven Cybersecurity Firm Accelerating Growth posts $17.8 Million Revenue with +59% Adjusted EBITDA Generating $1.2 Million Net Income for 2024: Cycurion, Inc. (Nasdaq: CYCU)

Globe and Mail

time17-04-2025

  • Business
  • Globe and Mail

AI Driven Cybersecurity Firm Accelerating Growth posts $17.8 Million Revenue with +59% Adjusted EBITDA Generating $1.2 Million Net Income for 2024: Cycurion, Inc. (Nasdaq: CYCU)

$CYCU Serves US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy as well as Fortune 100 and 500 Companies. Cybersecurity Leader Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-layered SaaS Solution. Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies. Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies. Delivering State-of the-Art, Al-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity. 2024 Total Revenue of 17.8 Million with Adjusted EBITDA of $2.3 Million, +58.9% y/y with Expanded Margin of 12.9% vs $1.4 Million in FY2023. Net Income of $1.2 Million Marking First Full Year of Net Profitability. Earnings Per Share Improvement to $0.07 Basic and $0.01 Fully Diluted, Versus $(0.14) in Both Categories for FY2023. Launch of Cyber Shield, a Comprehensive Managed Security Services Platform. With High Product Pargins, the ARx Security Platform is a Cybersecurity Breakthrough and the Foundational Future Contributor to CYCU growth. Technology Veterans, Many Holding High-Level Security Clearances and Have Served Critical Roles in Public and Private Sectors. Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry — who directly oversaw the first internet protocols and the creation of .com domains — CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape. Cybersecurity has become an increasingly critical issue as illustrated by many top level media sources devoting high profile features on the subject. Here are some recent examples of investment opportunities in this emerging global business sector: CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience. The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset — without hardware requirements or cloud installations — while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers. Full Year 2024 Financial Results Adjusted EBITDA of $2.3 million (+59% y/y); Generated $1.2 million of Net Income On April 17th CYCU reported its financial results for the full year ended December 31, 2024, and provided a corporate update highlighting a year of strategic execution, operational discipline, and solid financial performance. CYCU is poised for a strong 2025, driven by a strategic overhaul focused on sustainable growth and innovation. Over the past year, CYCU streamlined operations, significantly cutting General and Administrative expenses while boosting gross profit for greater financial strength. CYCU invested heavily in AI-driven technology, sharpening its competitive edge. By pivoting away from low-margin clients to high-value opportunities, CYCU has built a robust framework for organic growth. CYCU Financial Highlights: Revenues of $17.8 million. SG&A expenses reduced by 47.5%, demonstrating operational efficiency and tighter strategic focus. Adjusted EBITDA of $2.3 million, up 58.9% year-over-year with an expanded margin of 12.9% vs $1.4 million (7.4% margin) in FY2023, reflecting strong cost management and scalable operations. Net income of $1.2 million, a significant turnaround from a net loss of $2.1 million in FY2023 — marking first full year of CYCU net profitability. Earnings per share improvement to $0.07 basic and $0.01 fully diluted, versus $(0.14) in both categories in FY2023. Free Cash Flow improvement to $(1.8) million from $(2.5) million despite growth investments in personnel and platform development. 2024 & YTD 2025 Strategic, Technological and Corporate Milestones CYCU significantly expanded its next-generation product and services portfolio, further solidifying its position as a trusted partner in advanced cybersecurity solutions. CYCU Listed & Began Trading on Nasdaq: Completed merger with Western Acquisition Ventures in February 2025 U.S. Launch of AI-driven SaaS ARx Cybersecurity Platform: New high margin, AI-driven cybersecurity solution expands CYCU reach following strong initial reception in the government and public sectors in March 2025 Launched Cyber Shield Managed Security Services Platform (MSSP) Launch: Includes SOC as Service, External Attack Surface Management, Web Application Firewall and Virtual CISO Support & Consulting Expanded Partnership with Journal Technologies: Secured $22 million multi-year contract with State Police Agency Strengthened Board of Directors Appointing Two Highly Accomplished IT Professionals: Kevin O'Brien and Reginald Bailey bring a combined 55 years of IT, Big Data and AI industry, entrepreneurial and C-suite experience to CYCU. Launch of Cyber Shield, a Comprehensive Managed Security Services Platform On March 25th CYCU announced the launch of its new Managed Security Services Platform (MSSP), Cyber Shield™. The CYCU Cyber Shield package includes the following capabilities and services: SOC as a Service: 24/7/365 security monitoring, Managed Detection and Response (MDR), Endpoint Detection and Response (EDR), and Threat and Vulnerability Management. External Attack Surface Management (EASM): Identifying and managing vulnerabilities exposed to the external environment. Cybersecurity Awareness and Training: Empowering employees with the knowledge to recognize and respond to threats. Web Application Firewall: Utilizing the ARx Security Platform with AI for advanced protection, including integration with Cycurion's SOC as a Service, C-Suite Dashboard, API protection, geo-gating, intelligent bot-mitigation, and AI enhancements. Virtual CISO Support and Consulting: Expert advisory services tailored to meet the unique needs of diverse industries. CYCU ARx Security Platform – Significant Organic, High-Margin AI-Powered Cybersecurity Growth Platform Powered by advanced AI technology, this robust solution provides real-time insights and protection against evolving cybersecurity threats. ARx offers a comprehensive multi-layered defense mechanism that includes a Web Application Firewall, Bot Mitigation, and Geo Gating. Additionally, as a pure SaaS offering, ARx can be deployed in a rapid and seamless manner without cumbersome and costly network hardware installations. With high product margins, the ARx Security Platform is both a cybersecurity industry breakthrough and the foundational future contributor to CYCU growth. The ARx value proposition should ultimately be positively reflected in the price of CYCU stock upon the market both obtaining a better understanding of the offering's worth and making the connection for all stakeholders that CYCU is now a leading cybersecurity provider. CYCU has70 employees, many possessing the highest level of government security clearance, working at the upper echelon of government and corporate organizations, ensuring superior client service and driving our growth. CYCU will also seek growth with an opportunistic lens via highly strategic, complementary acquisitions that are designed to enhance its capabilities and extend its reach in both the government and commercial sectors. These prospective acquisitions will be designed to strengthen the CYCU technology portfolio, expand its client base and accelerate growth. Disclosure listed on the CorporateAds website Media Contact Company Name: Cycurion, Inc. Contact Person: Kevin Kelly, Chairman & CEO Email: Send Email Phone: 888-341-6680 Address: 1640 Boro Place 4th Floor City: McLean State: Virginia Country: United States Website:

Expanded Partnership with CentralSquare Technologies for IT Services Across the US Following Awards of New Multi-Year Contracts Totaling $6 Million: Cycurion, Inc. (Nasdaq: CYCU)
Expanded Partnership with CentralSquare Technologies for IT Services Across the US Following Awards of New Multi-Year Contracts Totaling $6 Million: Cycurion, Inc. (Nasdaq: CYCU)

Globe and Mail

time07-03-2025

  • Business
  • Globe and Mail

Expanded Partnership with CentralSquare Technologies for IT Services Across the US Following Awards of New Multi-Year Contracts Totaling $6 Million: Cycurion, Inc. (Nasdaq: CYCU)

$CYCU Serves US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy as well as Fortune 100 and 500 Private Sector Companies. Cybersecurity Leader Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-layered SaaS Solution. Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies. Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies. Delivering State-of the-Art, Al-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity. Expansion of Strategic Partnership with CentralSquare Technologies to Deliver IT Services Across the Country. Three New Multi-Year Contracts Represent a Total of Up to $6 Million in Revenue. New High Margin, AI-Driven Cybersecurity Solution Expands Company's Reach Following Strong Initial Reception in Government and Public Sectors. Cybersecurity Partnership with Leading National Public Health Association. Partnership with iQSTEL to Expand into High-Tech, High-Margin Markets for Government and Private Sector. Multilayer Software with Web Application Firewall, Bot Mitigation and Geo Gating, Built on Proprietary Algorithms. Team of 80 Technology Veterans, Many of Whom Hold High-Level Security Clearances and Have Served Critical Roles in the Public and Private Sectors. Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry — who directly oversaw the first internet protocols and the creation of .com domains — CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape. CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience. The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset — without hardware requirements or cloud installations — while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers. Partnership Expansion with CentralSquare Technologies to Provide Public Safety IT Services Across the Country On March 6th CYCU announced a nationwide expansion of its strategic partnership with CentralSquare Technologies, LLC to deliver its IT services across the country. Through this collaboration, CYCU will offer its highly effective project management, change management, curriculum development, and training services in partnership with CentralSquare Technologies outside of the Chicago area and expand to other large urban areas in the United States. Public Safety agencies are constantly seeking ways to improve response times and increase the amount of information available to first responders. With CentralSquare Technologies' public safety products and CYCU IT services, the companies believe that public safety agencies can decrease response times and proactively provide valuable safety information in a glanceable format for first responders. Three New Multi-Year Contracts Highlighting Growth and Innovation On March 5th CYCU announced the award of three new multi-year contracts focused on program management, cybersecurity, and disaster recovery/business continuity. These engagements—secured with two government clients and one commercial client—reflect the Company's ongoing commitment to delivering exceptional services and expanding its reach. These CYCU contracts, which represent a total of up to $6 million in revenue over six years, mark a significant step forward for Cycurion, highlighting its ability to serve both government and commercial sectors while strengthening its international client footprint. U.S. Launch of AI Driven SaaS ARx Platform Targeted to the Corporate Sector On March 4th CYCU announced the availability of its ARx Platform targeted for the corporate sector. Having been extensively tested and successfully implemented in both the government and public sectors, this comprehensive, AI-powered platform has proven its versatility, delivering cutting-edge security to an expanding array of clients, from federal agencies to Fortune 500 enterprises. The CYCU ARx Platform has solidified its reputation with key government bodies, including the U.S. Department of Justice (DOJ), the Department of Defense (DOD), and numerous state and local governments, while also gaining traction in the public sector. Targeting industries such as finance, retail, and technology, the CYCU ARx platform's scalability and robust feature set have resonated with corporate leaders seeking to protect their digital assets amid rising cyber threats. Notably, this expansion reflects the platform's high demand and operational efficiency while yielding a highly attractive ~80% gross profit margin. The CYCU ARx Platform integrates a Web Application Firewall (WAF), DDoS protection, bot mitigation, geo-gating, and endpoint security, all powered by proprietary AI and machine learning algorithms. This multilayered approach ensures real-time threat detection and automated responses with minimal false positives, addressing compliance, staffing shortages, and escalating risks. Its SaaS model and flexible pricing have made it accessible to organizations of all sizes. With cybercrime costs projected to reach $10.5 trillion annually, and the cybersecurity market nearing $200 billion, Cycurion's ARx Platform is optimally positioned as a multi-sector cybersecurity leader. Expanded Cybersecurity Partnership with Leading National Public Health Association On February 24th CYCU announced an expansion of its partnership with a major national public health association, bringing its Managed Security Services Platform (MSSP) to several thousand member organizations across the country. This expansion builds on the successful CYCU cybersecurity engagement with the association itself, where its solutions were implemented to protect critical systems and infrastructure. The association, highly satisfied with the results, has now partnered with CYCU to extend these industry-leading protections to its members. At the heart of the CYCU offering is its proprietary ARx Platform, a cutting-edge cybersecurity solution leveraging machine learning and AI technologies developed over the past four years with millions of dollars in investment. This platform provides real-time threat detection, automated response, and compliance management, addressing the growing cybersecurity challenges faced by local public health agencies. This expanded partnership represents a major cybersecurity initiative over the next 24 to 36 months, reinforcing CYCU leadership in securing public health organizations. By leveraging its AI-driven ARx Platform and deep expertise in cybersecurity, CYCU will provide members with best-in-class protection against evolving threats while reducing the financial burden on individual organizations. Partnership with iQSTEL to Expand into High-Tech, High-Margin Markets for Government and Private Sector On February 19th CYCU announced an exclusive partnership with iQSTEL Inc. (OTCQX: IQST), a multinational innovator in telecommunications, fintech, electric vehicles (EV), and AI-driven solutions. This strategic collaboration grants CYCU exclusive rights to deliver its top-tier cybersecurity products to the U.S. telecommunications industry through the IQST vast network while also expanding its reach into other high-growth sectors internationally. For more information on $CYCU visit: Disclosure listed on the CorporateAds website Media Contact Company Name: Cycurion, Inc. Contact Person: Kevin Kelly, Chairman & CEO Email: Send Email Phone: 888-341-6680 Address: 1640 Boro Place 4th Floor City: McLean State: Virginia Country: United States Website:

3 Multi-Year Contracts Represent $6 Million in Revenue for High Margin, AI-Driven Cybersecurity Solutions Company; Expanding Reach in Government and Public Sectors: Cycurion, Inc. (Stock Symbol: CYCU)
3 Multi-Year Contracts Represent $6 Million in Revenue for High Margin, AI-Driven Cybersecurity Solutions Company; Expanding Reach in Government and Public Sectors: Cycurion, Inc. (Stock Symbol: CYCU)

Associated Press

time06-03-2025

  • Business
  • Associated Press

3 Multi-Year Contracts Represent $6 Million in Revenue for High Margin, AI-Driven Cybersecurity Solutions Company; Expanding Reach in Government and Public Sectors: Cycurion, Inc. (Stock Symbol: CYCU)

$CYCU Serves US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy as well as Fortune 100 and 500 Private Sector Companies. Cybersecurity Leader Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-layered SaaS Solution. Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies. Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies. Delivering State-of-the-Art, AI-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity. New High Margin, AI-Driven Cybersecurity Solution Expands Company's Reach Following Strong Initial Reception in Government and Public Sectors. Cybersecurity Partnership with Leading National Public Health Association. Partnership with iQSTEL to Expand into High-Tech, High-Margin Markets for Government and Private Sector. Multilayer Software with Web Application Firewall, Bot Mitigation and Geo Gating, Built on Proprietary Algorithms. Team of 80 Technology Veterans, Many of Whom Hold High-Level Security Clearances and Have Served Critical Roles in the Public and Private Sectors. Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry — who directly oversaw the first internet protocols and the creation of .com domains — CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape. CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as the level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience. The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset — without hardware requirements or cloud installations — while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers. Three New Multi-Year Contracts Highlighting Growth and Innovation On March 5th CYCU announced the award of three new multi-year contracts focused on program management, cybersecurity, and disaster recovery/business continuity. These engagements—secured with two government clients and one commercial client—reflect the Company's ongoing commitment to delivering exceptional services and expanding its reach. These CYCU contracts, which represent a total of up to $6 million in revenue over six years, mark a significant step forward for Cycurion, highlighting its ability to serve both government and commercial sectors while strengthening its international client footprint. U.S. Launch of AI Driven SaaS ARx Platform Targeted to the Corporate Sector On March 4th CYCU announced the availability of its ARx Platform targeted for the corporate sector. Having been extensively tested and successfully implemented in both the government and public sectors, this comprehensive, AI-powered platform has proven its versatility, delivering cutting-edge security to an expanding array of clients, from federal agencies to Fortune 500 enterprises. The CYCU ARx Platform has solidified its reputation with key government bodies, including the U.S. Department of Justice (DOJ), the Department of Defense (DOD), and numerous state and local governments, while also gaining traction in the public sector. Targeting industries such as finance, retail, and technology, the CYCU ARx platform's scalability and robust feature set have resonated with corporate leaders seeking to protect their digital assets amid rising cyber threats. Notably, this expansion reflects the platform's high demand and operational efficiency while yielding a highly attractive ~80% gross profit margin. The CYCU ARx Platform integrates a Web Application Firewall (WAF), DDoS protection, bot mitigation, geo-gating, and endpoint security, all powered by proprietary AI and machine learning algorithms. This multilayered approach ensures real-time threat detection and automated responses with minimal false positives, addressing compliance, staffing shortages, and escalating risks. Its SaaS model and flexible pricing have made it accessible to organizations of all sizes. With cybercrime costs projected to reach $10.5 trillion annually, and the cybersecurity market nearing $200 billion, Cycurion's ARx Platform is optimally positioned as a multi-sector cybersecurity leader. Expanded Cybersecurity Partnership with Leading National Public Health Association On February 24th CYCU announced an expansion of its partnership with a major national public health association, bringing its Managed Security Services Platform (MSSP) to several thousand member organizations across the country. This expansion builds on the successful CYCU cybersecurity engagement with the association itself, where its solutions were implemented to protect critical systems and infrastructure. The association, highly satisfied with the results, has now partnered with CYCU to extend these industry-leading protections to its members. At the heart of the CYCU offering is its proprietary ARx Platform, a cutting-edge cybersecurity solution leveraging machine learning and AI technologies developed over the past four years with millions of dollars in investment. This platform provides real-time threat detection, automated response, and compliance management, addressing the growing cybersecurity challenges faced by local public health agencies. This expanded partnership represents a major cybersecurity initiative over the next 24 to 36 months, reinforcing CYCU leadership in securing public health organizations. By leveraging its AI-driven ARx Platform and deep expertise in cybersecurity, CYCU will provide members with best-in-class protection against evolving threats while reducing the financial burden on individual organizations. Partnership with iQSTEL to Expand into High-Tech, High-Margin Markets for Government and Private Sector On February 19th CYCU announced an exclusive partnership with iQSTEL Inc. (OTCQX: IQST), a multinational innovator in telecommunications, fintech, electric vehicles (EV), and AI-driven solutions. This strategic collaboration grants CYCU exclusive rights to deliver its top-tier cybersecurity products to the U.S. telecommunications industry through the IQST vast network while also expanding its reach into other high-growth sectors internationally. Media Contact Company Name: Cycurion, Inc. Contact Person: Kevin Kelly, Chairman & CEO Email: Send Email Phone: 888-341-6680 Address:1640 Boro Place 4th Floor City: McLean State: Virginia

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