EXCLUSIVE: IQSTEL Announces Stock-Swap Cybersecurity Partnership With Cycurion, Plans $0.5 Million Stock Dividend

Core Insights - IQSTEL has entered the cybersecurity sector through a strategic stock swap partnership with Cycurion, introducing AI-enhanced cybersecurity services [1][2] - The partnership aims to diversify IQSTEL's portfolio, adding cybersecurity to its existing telecommunications, fintech, and AI offerings [2] - Both companies have committed to delivering a $0.5 million dividend in shares to their shareholders by December 31, 2025 [3] Partnership Details - IQSTEL will issue 0.15 million shares to Cycurion, while Cycurion will issue 3.87 million shares to IQSTEL, with each share valued at $1 million [1] - The companies will collaborate to develop an AI-driven cybersecurity solution, leveraging IQSTEL's AI technologies and Cycurion's cybersecurity expertise [4] - Cross-selling opportunities will allow IQSTEL to offer Cycurion's products to its telecom clients, while Cycurion will access IQSTEL's fintech and AI solutions [4] Financial Performance and Goals - IQSTEL reported $35 million in revenue as of July 2025, achieving a $400 million annual run rate five months ahead of schedule [5] - The company aims for a $15 million EBITDA run rate by 2026 and a $1 billion revenue run rate by 2027 [5] - The partnership establishes Cycurion as a "sibling company" to IQSTEL, enhancing both companies' market positions [5] Stock Exchange Agreement - On August 7, IQSTEL and Cycurion signed a Memorandum of Understanding to exchange $1 million worth of stock each, becoming mutual equity partners [6] - Both companies plan to distribute half of the exchanged shares as dividends to enhance shareholder value [6] - Following the announcement, IQST stock closed higher by 2.93% at $6.50 [6]