archTIS Limited (ASX:AR9) has signed a $2.3M contract to expand NC Protect licenses with the Australian Department of Defence. The contract includes an initial ARR increase of $276K in year one, with an ARR increase to $463K in year two onwards. It establishes NC Protect as the data-centric security product of choice for Defence SharePoint on-premises deployments and is set to expire in May 2028.
This contract is an important step to open new market opportunities for NC Protect. It demonstrates strong growth for NC Protect with a referenceable target market client. It also validates NC Protect's unique value proposition as the premier data-centric security solution for Microsoft products within the Australian Department of Defence. This contract places archTIS in a strong position for future growth as global Defence organisations struggle with the challenge to securely share and collaborate on the sensitive and classified information.
archTIS Limited (ASX:AR9) has secured a $2.3M contract to expand NC Protect licenses with the Australian Department of Defence, solidifying NC Protect as the data-centric security product of choice for Defence SharePoint on-premises deployments. The contract demonstrates strong growth for NC Protect and validates its unique value proposition within the Australian Department of Defence. This positions archTIS for future growth as global Defence organisations seek secure ways to share and collaborate on sensitive and classified information, opening new market opportunities for NC Protect.