archTIS Deepens U.S. DoD Footprint and Boosts U.S. Push with New Debt Facility

The latest announcement is out from archTIS Ltd. ( (AU:AR9) ).

archTIS has advanced its U.S. Department of Defense opportunity by deploying its NC Protect software into the DoD’s Microsoft DoD365 production environment and securing a renewal of 1,000 licenses for active mission operations, signalling a shift from pilot projects to sustained operational use within the warfighter network. The company is also delivering customised software enhancements requested by the DoD to enable greater interoperability and scale, while enterprise licence negotiations have resumed following the U.S. government shutdown, with the potential for large, multi-thousand-user deployments that could position NC Protect as a key tool in meeting the Pentagon’s Zero Trust security mandates. In parallel, archTIS is progressing its integration of recently acquired Spirion, realising A$4.5 million in annual cost synergies and launching cross-sell campaigns in the U.S., supported by a new non-dilutive A$8 million drawdown debt facility aimed at accelerating its penetration of the U.S. market and strengthening its competitive position in data security.

The most recent analyst rating on (AU:AR9) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on archTIS Ltd. stock, see the AU:AR9 Stock Forecast page.

More about archTIS Ltd.

archTIS Limited is a global provider of data-centric security software that enables secure collaboration and protection of sensitive information. Its flagship product, NC Protect, delivers attribute-based access control and policy enforcement across Microsoft environments such as DoD365, with a growing strategic focus on the U.S. federal and defense markets, particularly the U.S. Department of Defense.

Average Trading Volume: 1,082,369

Technical Sentiment Signal: Buy

Current Market Cap: A$63.82M

For detailed information about AR9 stock, go to TipRanks’ Stock Analysis page.