tiprankstipranks
Advertisement
Advertisement

Sekur Private Data Gains GSA Route to U.S. Government Communications Market

Story Highlights
  • Sekur’s secure communications suite is now available to U.S. agencies through i3ICS’ GSA Multiple Award Schedule contract.
  • The i3ICS partnership supports Sekur’s public sector growth strategy by easing procurement and boosting its government market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sekur Private Data Gains GSA Route to U.S. Government Communications Market

Meet Samuel – Your Personal Investing Prophet

Sekur Private Data ( (TSE:SKUR) ) has issued an announcement.

Sekur Private Data has secured approval for its secure communications software to be sold to U.S. government entities through i3 Integrated Creative Solutions’ General Services Administration Multiple Award Schedule contract. The listing allows federal, state, and local agencies to acquire Sekur’s encrypted email, messaging, VPN, and voice and video tools via a pre-competed procurement channel managed by a Service-Disabled Veteran-Owned Small Business.

The partnership with i3ICS is positioned as a key step in Sekur’s U.S. public sector growth strategy, easing purchasing friction and aligning with government acquisition standards. Company executives and former senior government IT officials say the GSA access could accelerate adoption of Sekur’s privacy-centric technologies for mission-critical and national security use, strengthening the firm’s competitive stance in secure communications for government buyers.

The most recent analyst rating on (TSE:SKUR) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Sekur Private Data stock, see the TSE:SKUR Stock Forecast page.

Spark’s Take on TSE:SKUR Stock

According to Spark, TipRanks’ AI Analyst, TSE:SKUR is a Neutral.

The score is held down primarily by weak financial performance (declining revenue, extremely large losses, and persistent negative free cash flow), partially offset by constructive technical momentum with price above major moving averages. Valuation is constrained by a negative P/E due to ongoing losses and no stated dividend support.

To see Spark’s full report on TSE:SKUR stock, click here.

More about Sekur Private Data

Sekur Private Data, Inc. is a Swiss-hosted cybersecurity and private communications platform provider focused on secure email, messaging, VPN, and encrypted voice and video services. The company targets customers that require privacy-centric, end-to-end encrypted communications, with a growing emphasis on the U.S. public sector, including federal, state, and local government agencies.

Average Trading Volume: 104,848

Technical Sentiment Signal: Buy

Current Market Cap: C$11.94M

For a thorough assessment of SKUR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1