archTIS has entered into a new contract to expand and enhance the existing deployment of Kojensi within Defence.
The total contract value is $7,031,750, which includes $3,438,050 in recurring revenue payable over a two-year period along with services, support and hardware contracts worth $3,593,700, payable on delivery.
The contract term began today continues until 30 June 2024, with an option for Defence to extend for a further 12 months on the same terms.
“We are pleased to close the largest sale in the company’s history for $7.03 million," Daniel Lai, archTIS Managing Director and CEO, said. "Over the past 18 months we have been actively targeting global defence agencies and the broader defence industry due to their compelling need to secure highly sensitive information.
"This target market strongly aligns with the unique value proposition our products offer. Kojensi and NC Protect are filling a critical need for zero-trust information security in the well-funded, defence and intelligence market and the industries that support them.”
This contract follows the recent announcement of archTIS’ participation in the KPMG Consortium, which was awarded Tranche 1 of the OneDefence Data Program.
The new award expands upon the existing deployment of Kojensi in the agency, as well as the agency’s use of NC Protect in the Defence Information Environment (DIE).
NC Protect secures documentation and file sharing across SharePoint for classified information or content in communities of interest on the DIE.