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CY4Gate SpA ( (IT:CY4) ) has provided an update.
CY4GATE has signed new contracts worth a total of €4.6 million with ELT Group to design and implement decision intelligence and command-and-control modules for the defence sector over an 18‑month period. By integrating ELT Group’s expertise in electronic defence and electromagnetic-spectrum management with CY4GATE’s know-how in the cyber domain, the projects aim to deliver advanced data and information management solutions that address emerging operational needs in complex, multidomain hybrid cyberwarfare scenarios, reinforcing CY4GATE’s role in high-end defence and cyber-intelligence applications.
The most recent analyst rating on (IT:CY4) stock is a Buy with a EUR9.10 price target. To see the full list of analyst forecasts on CY4Gate SpA stock, see the IT:CY4 Stock Forecast page.
More about CY4Gate SpA
CY4GATE S.p.A., founded in 2014, is an Italian cyber security and cyber intelligence company that designs, develops and produces technologies, products, systems and services for law enforcement agencies, armed forces, institutions and corporations in Italy and abroad. Listed on Euronext Milan’s Star segment, it operates across the cyber market with proprietary solutions for information collection and analysis and for protection, including its Quipo decision intelligence platform and RTA, Diateam and XTN cyber security offerings.
YTD Price Performance: 65.18%
Average Trading Volume: 108,233
Technical Sentiment Signal: Buy
Current Market Cap: €192.3M
See more insights into CY4 stock on TipRanks’ Stock Analysis page.