Plurilock Provides Corporate Update

Core Insights - Plurilock Security Inc. is focusing on defense momentum and growth in its Critical Services division, aiming to enhance its position in the cybersecurity market [1] Group 1: Corporate Strategy and Developments - Plurilock has established a dedicated capture team to pursue government cybersecurity opportunities in the U.S., Canada, NATO, and allied nations, led by CTO Michael Ruiz [2] - The company added three new Critical Services customers in September and expanded work with two existing clients, marking a strong month for new business pipeline development [4] - Plurilock secured repeat orders from U.S. and Canadian federal agencies, reinforcing its government relationships and supporting organic growth [5] Group 2: Market Context and Opportunities - The U.S. public sector cybersecurity market is resilient, with the FY2026 discretionary budget exceeding US$75 billion, driving modernization initiatives across federal agencies [3] - New mandates from NIST and DHS are accelerating infrastructure transformation, while emerging threats are elevating cybersecurity as a national security priority [3] Group 3: Leadership and Incentives - Plurilock appointed Dr. Chase Cunningham to its Industry Advisory Council, bringing over two decades of experience in cybersecurity [6] - The company granted 600,000 options to employees and consultants, along with 850,000 restricted share units, to reward contributions and encourage future success [7][9] Group 4: Company Overview - Plurilock is an AI-native cybersecurity company that provides services to protect critical infrastructure and systems, trusted by Five-Eyes governments and Global 2000 enterprises [10]