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The latest update is out from archTIS Ltd. ( (AU:AR9) ).
archTIS Limited has secured a A$7.5 million placement to drive its growth across the U.S. defense market, enhance strategic alliances, and innovate secure product offerings. The funds will be used to scale U.S. operations, deepen partnerships, and advance product development, positioning the company to capitalize on the increasing demand for secure data-sharing platforms.
More about archTIS Ltd.
archTIS Limited is a global provider of data-centric software solutions focused on the secure collaboration of sensitive information. The company primarily serves enterprise and government clients, especially in highly-sensitive and regulated markets such as defense.
Average Trading Volume: 533,021
Technical Sentiment Signal: Buy
Current Market Cap: A$66.23M
For a thorough assessment of AR9 stock, go to TipRanks’ Stock Analysis page.