Cipherpoint Ltd ( (AU:EXT) ) has provided an update.
Excite Technology Services Limited has raised $2.8 million through a placement to accelerate growth in its cyber security and training initiatives. The funds will be used to enhance digital forensics training, develop offensive security services, and support revenue-generating opportunities, particularly in Defence and State Law Enforcement sectors. This strategic investment aims to strengthen Excite’s market position and deliver significant outcomes in the cyber security field.
More about Cipherpoint Ltd
Excite Technology Services Limited operates in the cyber security industry, offering services such as digital forensics, cyber training, and offensive security. The company focuses on sectors like Defence, Government, and critical infrastructure, aiming to become a national leader in cyber security and digital forensics.
YTD Price Performance: 10.0%
Average Trading Volume: 1,609,747
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$20.91M
For an in-depth examination of EXT stock, go to TipRanks’ Stock Analysis page.