Cybeats signs 3-year contract expansion with Emerson

Executive Summary

• Cybeats Technologies Corp. has signed a three-year contract expansion with Emerson (NYSE: EMR), a global leader in industrial automation, to scale the use of Cybeats' SBOM Studio platform across additional business units.
• The expansion builds on a relationship established in 2022 and reflects increased adoption of SBOM-driven security programs among large global enterprises due to rising regulatory expectations.
• CEO Justin Leger described the deal as one of the company's most significant enterprise account commitments to date, reinforcing its track record of organic growth and recurring revenue.

Key Details

• Counterparty: Emerson (NYSE: EMR), a global leader in industrial automation.
• Contract Duration: Three-year expansion.
• Product/Service: Cybeats' SBOM Studio platform (Software Bill of Materials).
• Scope: Emerson will continue scaling its use of the platform across additional business units.
• Strategic Context: The expansion aligns with global market growth in the SBOM sector, driven by regulatory mandates such as the European Union Cyber Resilience Act.
• Market Data: Independent research from Market Report Analytics estimates the global SBOM market will reach approximately $1,318-million (U.S.) in 2025, growing at a 24% compound annual growth rate from 2025 to 2033.
• Company Statement: The deal highlights Cybeats' scalability and relevance ahead of major regulatory deadlines, with demand primarily originating from large enterprises in North America and Western Europe.

Notable Quotes

• Dave Berndt, Product Security Officer at Emerson: "As regulatory expectations increase globally, we expanded our Cybeats licence because it has become central to how we manage software supply chain risk... Cybeats continues to provide us with efficient visibility at enterprise scale."
• Justin Leger, CEO of Cybeats: "Emerson's decision to further expand our engagement underscores the strong ROI Cybeats delivers through operational efficiency, regulatory compliance and improved software transparency... This expansion represents one of our most significant enterprise account commitments to date and reinforces our track record of organic growth..."