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archTIS Ltd. ( (AU:AR9) ) just unveiled an update.
archTIS Limited announced a $1.3 million annual software subscription license renewal with the Australian Department of Defence, which includes a 75% increase in user licenses for its Kojensi product. This contract underscores the importance of archTIS’ data-centric zero trust solutions in safeguarding sensitive defense information, contributing to a stable annual recurring revenue and enhancing the company’s industry reputation.
More about archTIS Ltd.
archTIS Limited is a global provider of data-centric software solutions focused on secure collaboration of sensitive information. Their products, including Kojensi and NC Protect, offer government-certified platforms for secure access, sharing, and collaboration of classified information, catering to sectors such as government, defense, supply chain, and regulated industries.
YTD Price Performance: -18.57%
Average Trading Volume: 165,313
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$16.99M
For a thorough assessment of AR9 stock, go to TipRanks’ Stock Analysis page.
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