Plurilock Announces $445,000 Security Software Renewal with U.S. Department of Defense Agency

Executive Summary

• Plurilock Security Inc. secured a recurring software purchase agreement worth $445,000 with a U.S. Department of Defense agency for Option Year 1 of a multi‑year engagement.
• The contract is part of a broader agreement awarded in 2025 that could generate up to $2.5 million across five option years.
• Revenue and gross margin expectations for the renewal are projected to be consistent with Plurilock’s historical government software sales.

Key Details

• Contract Value – Year 1: $445,000 recurring annual purchase.
• Total Potential Value: Up to $2.5 million including four additional option years (Option Years 2‑5).
• Agency: Unnamed U.S. Department of Defense agency; procurement conducted via NASA SEWP contract vehicle.
• Scope: Delivery of Plurilock’s cybersecurity software solutions to protect critical defense communications infrastructure.
• Delivery Channels: Utilizes Plurlock’s established government sales channels and the NASA SEWP vehicle for streamlined federal procurement.
• Financial Impact: Fulfillment costs and gross margins expected to align with historical performance on similar government software contracts.
• Strategic Significance: Reinforces Plurilock’s presence in high‑stakes, defense‑related cybersecurity markets and supports ongoing revenue diversification from U.S. federal customers.

Notable Quotes

(No direct quotes were included in the release.)