Latest news with #Cycurion
Globe and Mail
3 days ago
- Business
- Globe and Mail
Cycurion, Inc. to Announce Q2 2025 Financial Results on August 14, 2025, Celebrating Key Strategic Achievements
MCLEAN, Va., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) ('Cycurion' or the 'Company'), a leading provider of cybersecurity and IT solutions, today announced that it plans to file its Quarterly Report on Form 10-Q for the second quarter ended June 30, 2025 with the U.S. Securities and Exchange Commission on Thursday, August 14, 2025. Ahead of the filing, the Company is highlighting its significant accomplishments, including a transformative alliance with IQSTEL, an innovative cryptocurrency strategy through Cycurion Crypto, and other key partnerships that strengthen its position for future growth. Strategic Highlights IQSTEL Alliance and Stock Exchange: Cycurion and IQSTEL signed a Memorandum of Understanding for a $1 million stock exchange, creating a mutual equity partnership to develop an AI-driven cybersecurity platform for the global telecom industry This alliance leverages Cycurion's cybersecurity expertise and IQSTEL's network of over 600 telecom operators to unlock cross-selling opportunities and drive innovation Notably, half of the exchanged stock will be distributed as a dividend to Cycurion shareholders, thus enhancing shareholder value Cryptocurrency Strategy: Through its wholly owned subsidiary, Cycurion Crypto, the Company has allocated $10 million from its $60 million equity line of credit to acquire Bitcoin and Ethereum as long-term holdings This strategic initiative diversifies Cycurion's financial portfolio, enhances shareholder value, and positions the Company at the forefront of the digital economy with a focus on transparency and regulatory compliance The Company's collaboration with the National Association of County and City Health Officials (NACCHO) strengthens its delivery of high-margin cybersecurity solutions to public health organizations, addressing critical digital threats. The alliance with LSV-TECH International Consortium expands Cycurion's Managed Security Services Platform (MSSP) Cyber Shield into Latin America, leveraging LSV-TECH's relationships with Colombian universities and its global partnership with Nokia to reach 135 countries. On March 31, 2025, Cycurion acquired control of SLG Innovation, Inc. via a variable interest entity, enhancing its technology services portfolio and supporting long-term growth. Department of Government Efficiency (DOGE) budget cuts have contributed to a growing contract backlog, and management is focused on converting these delayed government contracts into revenue in the second half of 2025, particularly during the historically stronger third and fourth quarters. In the first half of 2025, Cycurion raised $0.3 million through an equity line and $3.7 million via warrant exercises, while converting outstanding convertible notes and promissory notes into equity to bolster its balance sheet. 'Our second quarter of 2025 results, which are planned to be shared this Thursday, will showcase our strategic progress,' said Kevin Kelly, Cycurion, Inc. CEO and Chairman. 'Our alliance with IQSTEL, including a $1 million stock exchange with dividends to shareholders, creates a powerful platform for AI-driven cybersecurity innovation. Additionally, our Cycurion Crypto initiative, with a $10 million investment in Bitcoin and Ethereum, positions us to capitalize on the digital asset market. Combined with our partnerships with NACCHO and LSV-TECH, and our efforts to address DOGE-related delays, these achievements underscore our momentum toward sustainable growth.' Financial Position Snapshot As of June 30, 2025, Cycurion reported total assets of $30.7 million, up from $25.6 million as of December 31, 2024, driven by goodwill from the SLG acquisition. Stockholders' equity stood at $10.4 million, an increase from $5.4 million as of December 31, 2024, reflecting equity issuances and conversions. The Company reported a working capital deficit of $14.3 million and an accumulated deficit of $18.7 million, with management actively pursuing strategies to improve liquidity. Outlook Cycurion is focused on converting its growing backlog, driven by DOGE-related delays, into revenue during the second half of 2025, particularly in the historically stronger third and fourth quarters. The Company's alliance with IQSTEL, cryptocurrency strategy, and partnerships with NACCHO and LSV-TECH, combined with its core offerings in advisory consulting, managed security services, and Software-as-a-Service (SaaS) solutions, position it to navigate challenges and drive long-term value. The second quarter of 2025 financial results will be detailed in Cycurion's Form 10-Q, which are planned to be filed with the SEC on August 14, 2025. About Cycurion, Inc. Cycurion, Inc. is a premier provider of cybersecurity and IT solutions, specializing in risk management, information assurance, systems engineering, and help desk services. Headquartered in McLean, Virginia, Cycurion delivers innovative and reliable solutions to a diverse client base in a rapidly evolving digital threat landscape. Forward-Looking Statements This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion's business. Many factors could cause Cycurion's actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as 'continue', 'expect', 'intend', 'will', 'hope', 'should', 'would', 'may', 'potential', and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-1 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the 'SEC'). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled 'Risk Factors' in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. These statements, including expectations for revenue conversion from the backlog, the benefits of the IQSTEL alliance and stock exchange, and the success of the cryptocurrency strategy, are based on management's current expectations and are subject to risks and uncertainties, including economic conditions, regulatory changes, and the Company's ability to address liquidity concerns. For a discussion of these risks, please refer to Cycurion's filings with the SEC. Investor Contact Media Contact Cycurion Communications Email: media@ Phone: (888) 341-6680
Yahoo
07-08-2025
- Business
- Yahoo
EXCLUSIVE: IQSTEL And Cycurion Announce $1 Million Stock Swap With Shareholder Dividends And AI Cybersecurity Alliance
IQSTEL Inc. (NASDAQ:IQST) and Cycurion Inc. (NASDAQ:CYCU) on Thursday announced the signing of a Memorandum of Understanding (MOU) to become mutual equity partners following a planned $1 million stock exchange, with half of each company's exchanged shares to be distributed as a dividend to enhance shareholder value. It sets the stage for creating a powerhouse in AI‑driven cybersecurity for the global telecommunications industry. Under the MOU, each company will issue $1 million worth of its common stock to the number of shares will be based on the lower of the Nasdaq Official Closing Price on the trading day immediately preceding the signing of the binding agreement and the average Nasdaq Official Closing Price over the five (5) trading days immediately preceding the signing of the binding agreement. Subject to board and regulatory approvals, each company intends to distribute up to 50% of the shares it receives to its existing shareholders as a stock dividend, transforming IQSTEL shareholders into Cycurion shareholders, and vice versa. This transaction is designed to unlock shareholder value by creating a mutual equity structure that both companies view as a "sibling company" relationship, ensuring each directly benefits from the other's success, the company said in the press release. In addition, the stock swap opens the door for powerful cross‑selling opportunities. IQSTEL will be able to introduce its Telecom, Fintech, and AI‑driven services to Cycurion's established customer base, while Cycurion will gain access to offer its advanced cybersecurity solutions to some of the largest telecom operators in the world through IQSTEL's extensive global network. The MOU outlines an initial 60‑day exploratory period; however, the companies plan to execute the definitive agreement within the next 30 days, completing due diligence, securing internal approvals, and advancing toward implementation. In parallel, both parties will work to identify further opportunities for collaboration, potentially including joint ventures, expanded R&D initiatives, and integrated go‑to‑market strategies. Price Actions: IQST stock is trading higher by 2.72% to $8.32 premarket at last check Thursday. CYCU is up 3%. Image via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article EXCLUSIVE: IQSTEL And Cycurion Announce $1 Million Stock Swap With Shareholder Dividends And AI Cybersecurity Alliance originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
02-07-2025
- Business
- Yahoo
Cycurion Announces a Strategic Partnership with AgileBlue to Deliver Advanced AI-Powered Cybersecurity Operations Across North America
MCLEAN, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) ('Cycurion' or the 'Company'), a leading provider of cybersecurity services to public and private sectors, today announced a strategic partnership with AgileBlue, an AI-powered Security Operations ('SecOps') platform provider. Under the terms of the agreement, Cycurion will serve as an authorized reseller of AgileBlue's full suite of cybersecurity solutions, including its next-generation Managed SecOps-as-a-Service, Security Information and Event Management (SIEM), Security Orchestration, Automation and Response (SOAR), and Extended Detection and Response (XDR) platforms. This partnership strengthens Cycurion's capabilities to deliver continuous threat-monitoring, autonomous response, and machine-driven risk analysis via AgileBlue's AI-powered SecOps platform. It will also enable both companies to bring enhanced threat detection, compliance, and incident response to mid-market and enterprise clients across North America. 'Today's announcement reflects our shared commitment to staying ahead of an increasingly complex threat landscape,' said Kevin Kelly, CEO of Cycurion. 'By integrating AgileBlue's autonomous, AI-driven security capabilities into our managed service portfolio, we are accelerating our mission to provide measurable cyber resilience for our clients across government and commercial sectors.' The agreement allows Cycurion to offer AgileBlue's AI-powered SecOps platform under its own brand, Cyber Shield, complete with a customized portal and 24/7 SecOps services backed by AgileBlue's U.S.-based cyber analysts. Clients will benefit from real-time, threat-hunting, guided alerts, and automated triage powered by Sapphire AI, which delivers analyst-level insights and autonomous response actions, dramatically reducing false positives and enabling faster decision-making. 'Cycurion brings expertise and trusted customer relationships to this collaboration,' said Tony Pietrocola, Co-Founder & President of AgileBlue. 'Cycurion's leadership in compliance-driven environments and its commitment to innovation make it an ideal partner to expand our footprint in regulated and high-risk sectors.' AgileBlue's second quarter of 2025 platform release includes enhancements, including bi-directional ConnectWise integration for MSPs, improved artifact navigation for faster forensic analysis, and new AI-driven case summarization tools. Together with Cycurion's services, these features will be deployed to help organizations proactively identify, assess, and neutralize cyber threats before they escalate. The partnership underscores both companies' strategic focuses on empowering cybersecurity teams with automation, advanced analytics, and proactive protection capabilities which are essential components in today's evolving digital risk ecosystem. For more information, please visit or About CycurionBased in McLean, Virginia, Cycurion (Nasdaq: CYCU) is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, LLC, Cloudburst Security, LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future. Forward Looking StatementsThis press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion's business. Many factors could cause Cycurion's actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as 'continue', 'expect', 'intend', 'will', 'hope', 'should', 'would', 'may', 'potential', and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-1 and in its Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission (the 'SEC'). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled 'Risk Factors' in those filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. 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Globe and Mail
30-06-2025
- Business
- Globe and Mail
Cybersecurity Leader Cycurion Inc. (NASDAQ: CYCU) Positioned for Explosive Growth in 2025 and Beyond
Innovative AI-Infused Cybersecurity Solutions, Strong Financials, and Strategic Partnerships Drive Value in a Booming Sector In an era where digital transformation accelerates at an unprecedented pace, cybersecurity has never been more vital. As businesses and governments worldwide face an increasing volume of cyber threats, the demand for cutting-edge, reliable, and scalable cybersecurity solutions has surged. Leading this charge is Cycurion, Inc. (NASDAQ: CYCU), a disruptor in the cybersecurity space, combining artificial intelligence (AI) with innovative, proprietary technologies to safeguard critical assets from malicious actors. With significant contract wins, strong revenue growth, and a growing list of high-profile clients, Cycurion is well-positioned to continue its upward trajectory in 2025 and beyond. Cybersecurity Market: A Booming Industry in Need of Innovative Solutions The cybersecurity sector is undergoing an explosive period of growth. With cyber-attacks and data breaches affecting businesses, governments, and individuals worldwide, the need for advanced, next-gen security solutions has never been greater. According to market reports, global cybersecurity spending is expected to surpass $300 billion in 2025, making it a highly lucrative and rapidly expanding market. In this dynamic landscape, Cycurion stands out as a leader with its proprietary AI-infused technology, offering robust protection against a wide range of cyber threats. CYCU's Strategic Wins and Major Contracts (NASDAQ: CYCU) $CYCU growth has been underscored by a series of lucrative contract awards that highlight the company's ability to deliver high-value solutions for critical sectors. In the first quarter of 2025, Cycurion reported an impressive $3.9 million in revenue, with a 95.4% year-over-year increase in gross profit. This growth reflects not only the company's innovation but also the trust its clients place in its cybersecurity solutions. Key contract wins include: $69 million in recent contract awards, including a $33 million contract renewal to enhance cybersecurity for state-level public higher education institutions over the next five years. A $22 million multi-year contract with a state police agency to upgrade and secure their communications infrastructure. A $6 million contract with a major municipal transportation agency for improved cybersecurity measures. $8 million in new contracts announced in June, further establishing Cycurion's dominance in the market. These contracts position Cycurion as a key player in both the public and private sectors, with clients spanning Fortune 100 and Fortune 500 companies, as well as major government agencies such as the U.S. Department of Defense, Department of Homeland Security, Defense Intelligence Agency, and the U.S. Navy. Advanced Cybersecurity Platform: AI Meets Protection At the core of Cycurion's offerings is its flagship ARx platform, a multi-layered, AI-infused cybersecurity solution designed to protect critical digital assets. The ARx platform provides a comprehensive, non-invasive cybersecurity approach that inspects every request to and response from digital assets, ensuring real-time threat detection and blocking before a potential breach can occur. This layered defense system eliminates the need for hardware requirements or cloud installations, ensuring clients can maintain complete control and privacy over their information. In a market where cyber threats evolve rapidly, Cycurion's ability to innovate and stay ahead of the curve is a key differentiator. As the company prepares to roll out its next-generation AI-powered cybersecurity platform in partnership with IQSTEL, it is clear that Cycurion is at the forefront of blending AI with cybersecurity to deliver future-proof solutions. Financial Performance: Strong Growth and Profitability Cycurion's financial performance in 2025 has been nothing short of remarkable. The company reported a $3.9 million revenue in Q1 2025 and achieved a 95.4% increase in gross profit, showcasing its ability to scale efficiently. The gross margin also improved by 17.5% year-over-year, further underlining Cycurion's strong position in the market. Global Expansion: Unlocking New Markets Cycurion's growth isn't limited to the U.S. The company has been expanding its presence into Latin America through a strategic partnership with LSV-TECH International, which extends Cycurion's sales presence into 135 countries via an agreement with Nokia. This global reach positions Cycurion to capitalize on the rising demand for cybersecurity solutions across international markets. Strong Leadership: Visionary Founders and Executives Cycurion's leadership team is one of the company's greatest assets. Emmit J. McHenry, Co-Founder and Chairman of the Board, brings decades of experience in building successful companies. McHenry previously founded and ran NetCom Solutions International, which played a pivotal role in shaping the modern internet. His insight into technology convergence helped the company generate over $260 million in revenue. L. Kevin Kelly, Chairman and CEO, is another key leader with deep expertise in the cybersecurity space. Kelly has a rich background in global business development, having served as CEO of Halo Privacy and held leadership positions across multiple industries. Kelly's track record of success, paired with his commitment to Cycurion's vision, makes him a vital force in steering the company toward continued success. Low Float, Proven Short Interest, and Future Outlook One of the standout features of Cycurion's stock is its low float of only 33 million shares, a key factor that could potentially drive increased volatility and significant price movement as demand for its shares grows. Additionally, the company has a proven short interest, with many investors betting against its success. However, Cycurion's growing revenue, expanding client base, and innovative technology make it a compelling investment opportunity with strong upside potential. The Cycurion Investment Thesis Innovative Technology: Cycurion's AI-powered cybersecurity solutions position it at the forefront of the rapidly evolving cybersecurity industry. Major Contract Wins: The company has secured significant contracts with both government agencies and private sector clients, demonstrating the scalability and reliability of its solutions. Strong Financials: With impressive revenue and profit growth, Cycurion is on track to continue its momentum in 2025. Global Expansion: Through partnerships and agreements, Cycurion is expanding its presence in international markets, unlocking new growth opportunities. Visionary Leadership: Led by seasoned entrepreneurs with a proven track record, Cycurion's management team has the experience to build a market-leading cybersecurity firm. Conclusion: A Rising Star in Cybersecurity As the cybersecurity landscape becomes increasingly complex and vital to global security, Cycurion (NASDAQ: CYCU) is emerging as a true leader in the field. With its innovative AI-infused technology, a proven track record of high-value contract wins, and a growing international presence, Cycurion is poised to dominate the cybersecurity space for years to come. Compare Cycurion, Inc. (NASDAQ:CYCU) with Cybersecurity Leaders such as Palo Alto $PANW, Zscaler $ZS, CrowdStrike $CRWD, Category F5 $FFIV, Checkpoint $CHKP, CyberArk $CYBR, Fortinet $FTNT, Okta $OKTA and Cloudflare $NET For more information about Cycurion and its innovative cybersecurity solutions, 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:
Globe and Mail
20-06-2025
- Business
- Globe and Mail
AI Meets Cybersecurity: IQSTEL and Cycurion Take Aim at $500 Billion Market Opportunity
Two NASDAQ-listed innovators that are extremely Undervalued—IQSTEL Inc. (NASDAQ: IQST) and Cycurion Inc. (NASDAQ: CYCU)—are advancing a powerful strategic alliance to launch an AI-powered, next-generation cybersecurity platform, targeting one of the fastest-growing segments in global technology: telecom cybersecurity. Unlocking a $500 Billion Cybersecurity Opportunity The global cybersecurity market is on track to surpass $500 billion by 2030, driven by soaring digital transformation, widespread cloud adoption, and the relentless rise of sophisticated cyber threats. At the center of this market expansion are telecom networks—critical infrastructure systems that power the world's communications, finance, defense, and commerce. Protecting them has never been more urgent. Enter IQSTEL and Cycurion. Their mission? Redefine how cybersecurity is deployed across the global telecom ecosystem using cutting-edge AI, enterprise-grade platforms, and global scale. Strategic Partnership: IQST x CYCU IQSTEL and Cycurion are transitioning their strategic partnership into full execution mode, following months of deep technical collaboration. The result: a tailored cybersecurity solution suite designed specifically for the unique risks and scale of telecom operators worldwide. Together, the two companies are rolling out six core initiatives, including: Infrastructure Cybersecurity for Carriers: AI-powered protection for routing systems, billing, CRMs, and sensitive data. White-Label Cybersecurity Products: Telecom providers can now resell "Cyber Shield," an out-of-the-box security suite for enterprises, SMBs, and consumers—adding new revenue streams. AI-Driven Operational Efficiency: CYCU is integrating IQSTEL Intelligence, a proprietary AI platform, to optimize operations and accelerate high-value contracts. Next-Gen Cybersecurity Platform: Built by IQSTEL's AI division and powered by CYCU's cybersecurity stack, the platform uses predictive analytics and adaptive defense capabilities. Global Rollout in H2 2025: Coordinated launch plan already underway with joint teams driving product development, packaging, and go-to-market strategies. Global Scale: With a footprint in 21 countries and over 600 telecom clients, IQSTEL is positioned to deliver high-margin cybersecurity services worldwide. IQSTEL (NASDAQ: IQST): The Next $1 Billion Tech Powerhouse IQSTEL isn't just another telecom company—it's becoming a diversified global tech platform: Q1 2025 Revenue: $57.6 million FY 2025 Projection: $340 million Run Rate Target: $400 million by end of 2025 Long-Term Goal: $1 Billion Revenue by 2027 IQSTEL's verticals span Telecom, Fintech, Blockchain, EVs, AI, and Cybersecurity, with recent strategic wins including: 51% Acquisition of GlobeTopper (Effective July 1, 2025): Fintech innovator across America, Europe, and Africa—projected to generate $65M in 2025. NASDAQ Uplisting without shareholder dilution, increasing visibility and institutional interest. High-Margin Expansion Strategy: Shifting from low-margin legacy telecom to tech-forward, premium services across all divisions. CYCU: Cybersecurity Trusted by the U.S. Government Cycurion is no newcomer. It serves clients that include: U.S. Department of Defense Department of Homeland Security U.S. Navy Fortune 100 and 500 Corporations Led by internet pioneer Emmit McHenry, the architect of early .com domains, CYCU delivers mission-critical cybersecurity solutions to some of the world's most demanding environments. Q1 2025 Revenue: $3.9 million Gross Profit: Up 95% YoY Adjusted EBITDA: $245,000, a massive turnaround from a negative 2024 Now, with IQSTEL's AI expertise integrated into their platform, CYCU is scaling fast and smart. Fintech + AI + Cybersecurity = Disruption at Scale By combining forces, IQSTEL and Cycurion are breaking traditional boundaries—blending cybersecurity, AI, and fintech into a single, scalable solution stack that is tailor-made for the telecom revolution. IQST's acquisition of GlobeTopper turbocharges its fintech ambitions, while CYCU's credibility in the defense and enterprise space positions the alliance as a dominant force in cybersecurity. Their collaborative platform is expected to go live in H2 2025, with rapid deployment across IQSTEL's global telecom base—representing hundreds of millions of potential end users. Investor Takeaway: Rare Tech Inflection Point As cyber threats escalate and AI transforms every industry, IQSTEL (NASDAQ: IQST) and Cycurion (NASDAQ: CYCU) are positioning themselves at the epicenter of a multi-billion-dollar shift. Learn More Cycurion, Inc. (Nasdaq: CYCU) info@ 888-341-6680 Disclosure listed on the CorporateAds website Media Contact Company Name: IQSTEL Inc. Contact Person: Leandro Jose Iglesias, President and CEO Email: Send Email Phone: +1 954-951-8191 Address: 300 Aragon Avenue Suite 375 City: Coral Gables State: Florida 33134 Country: United States Website:
