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archTIS (ASX:AR9) lands $4.06m Australian Department of Defense contract

ASX News, Technology
ASX:AR9      MCAP $18.34M
29 June 2023 13:59 (AEDT)
archTIS (ASX:AR9) - CEO & Managing Director, Daniel Lai

Source: archTIS

Software developer archTIS (AR9) has secured a $4.06 million contract with the Australian Department of Defense.

The company announced it will conduct a proof of concept (PoC) to aid with modernising the Department’s workplace environment.

archTIS will deploy NC Protect, Microsoft, and third-party software to evaluate the Department’s productivity, compliance, and security for the office environment and staff.

The contract begins immediately, with the PoC to be complete by the end of the year.

NC Protect is archTIS’ data security software which secures sensitive information through zero trust enforcement policies and data-centric access controls for programs such as Microsoft 365, Sharepoint on-premises and file share environments.

The Commonwealth is able to terminate the contract at any time, however, will still have to pay the total amount of the agreement to archTIS.

“The need to increase productivity, security, and speed across Defence has been identified in the newly released Defence Strategic Review, this initiative is a small but important part of that cultural change,” archTIS Managing Director Daniel Lai said.

archTIS jumped 18.8 per cent to 8.2 cents at 1:59 pm AEST.

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