The contract between archTIS and the Australian Commonwealth national security agency is valued at $868,000 to cover software licence and support over a four-year period at $217,000 of annual recurring revenue.
The agency will expand its use of NC Protect to secure information collaboration and sharing within additional branches of the agency.
NC Protect has helped archTIS’ rapid expansion in the Australian government and Kurt Mueffelmann, global COO and US president, credits the company's partnership with Microsoft.
"Our integration and continued partnership with Microsoft allows us to solve complex global information security problems and expand our reach in a time of increasing need for secure collaboration,” Mueffelmann said.
ArchTIS has been tasked with further securing the collaboration of sensitive information at the national security agency.
The company has had over $2 million of NC Protect related sales in the first five months of the calendar year. According to Daniel Lai, archTIS CEO and managing director, this figure is a $1.5 million increase over the entire 2020 calendar year.
“The expanded deployment of NC Protect highlights the value we provide to clients and is more evidence that our commercialisation and acquisition strategy is the right one," Lai said.
"This is a great result considering the merger of Nucleus Cyber was only a little more than five months ago."