HUB Cyber Security Awarded NIS 16 Million Government Contract by the Israeli Ministry of Interior

Core Insights - HUB Cyber Security Ltd. has secured a NIS 16 million (approximately US$5 million) government contract from the Israeli Ministry of Interior, which is expected to generate approximately NIS 14.5 million (around US$4.5 million) in revenue over the next two years [1][3][4] Group 1: Contract Details - The contract will be executed through HUB's Professional Services division and is set to last up to two years, with potential extensions based on governmental terms and performance milestones [2] - The engagement involves the deployment, integration, and ongoing operational support of secure cyber and data protection capabilities within critical government environments [2] Group 2: Company Performance and Strategy - This award marks HUB's third governmental/institutional contract secured within the month, indicating strong demand for its capabilities across various customer segments and solution areas [3][4] - The CEO of HUB emphasized that the company's success is built on trust earned through execution and delivery, particularly in mission-critical systems where the margin for error is zero [4] Group 3: Company Overview - HUB Cyber Security Ltd. is recognized as a global leader in confidential computing, AI-driven data fabric, and cybersecurity, partnering with Fortune 100 companies, global banks, and sovereign institutions [5]