Bond Selected by $300B+ Global Pharmaceutical Leader to Protect Employees
TG-17TG-17(US:OBAI) Globenewswire·2026-02-23 13:37

Core Insights - Bond, Inc. has established a phase 1 commercial agreement valued at approximately $250,000 with a major pharmaceutical company, marking a significant step in its revenue growth strategy [2][3] - The agreement covers 5,000 employees and has the potential to expand the contract value beyond $1 million over time, indicating strong growth prospects for Bond's services [3][4] Revenue Growth - The $250,000 agreement contributes to Bond's Annual Recurring Revenue (ARR) and reflects ongoing traction within large multinational enterprises [5] - Initial enterprise engagements are viewed as foundational relationships that can lead to broader adoption and scalable ARR growth within large organizations [5] Strategic Importance - Executing agreements with global leaders is central to Bond's expansion and revenue growth strategy, aiming to establish a standard for corporate security [6] - The company anticipates that initial coverage will expand to include more employees over time, positioning Bond as a potential global standard for preventative security [6] Versatility and Market Potential - Bond's AI-powered platform is designed to address diverse workforce protection challenges across various employee functions and geographies, enhancing its applicability [7] - The platform's effectiveness, scalability, and affordability contribute to a significant Total Addressable Market (TAM), potentially reaching anyone with a connected device [8] Industry Recognition - Bond has been recognized as a sole supplier of AI-Powered Preventative Personal Security, which streamlines its market entry and reduces competitive tender processes [8] - The company has supported over 1.4 million security service requests, demonstrating its operational effectiveness and growing trust among corporations and public entities [11]