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HUB Cyber Security Awarded NIS 16 Million Government Contract by the Israeli Ministry of Interior
Globenewswire· 2025-12-29 13:50
Third Institutional Award This Month as HUB Continues to Expand Across Israel’s Most Sensitive Government SystemsTEL AVIV, Isreal, Dec. 29, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), a global provider of confidential computing and secured data fabric technologies, today announced that it has been awarded a NIS 16 million (approximately US$5 million) government contract by the Israeli Ministry of Interior. The Company believes that this project has the potential ...
HUB Cyber Security Strengthens Board and Provides Governance Update
Globenewswire· 2025-12-22 12:38
Appointment of Vineet Malhotra Adds Regulated Banking and Payments Expertise as Company Reaffirms Shareholder-Protective Capital ApproachTEL AVIV, Israel, Dec. 22, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), a global provider of confidential computing and secured data fabric technologies, today announced the appointment by its shareholders of Vineet Malhotra to its Board of Directors and provided a governance and capital framework update as the Company advances ...
HUB Cyber Security (Nasdaq: HUBC) Announces First Half 2025 Results and Declares Its Strategic Mission: Build the Global Trust Infrastructure for the Digital Economy
Globenewswire· 2025-12-17 13:00
Core Insights - HUB Cyber Security Ltd. announced selected financial results for the six-month period ended June 30, 2025, and outlined its strategy to become a global trust infrastructure for identity, secure data, and regulated AI across various industries and national ecosystems [1] Financial and Operational Highlights - Revenue for the first half of 2025 was $15.1 million, with a gross margin increase to 23%, up from 10% the previous year, indicating a structural shift towards higher-margin products [6] - Total assets rose to $73 million, reflecting the integration of Blackswan's intellectual property and platform technologies [6] - Shareholders' equity improved from $(81 million) as of December 31, 2024, to $(59 million) as of June 30, 2025, due to new equity issuances and liability reductions [6] Strengthening Capital Structure and Liquidity - The company executed a series of capital-structure and balance-sheet actions, including the restructuring and exchange of existing debt instruments, which reduced near-term obligations and improved financial visibility [6] - Year-to-date, HUB has extended, settled, and/or extinguished $22.85 million of legacy obligations, restructuring over 75% of its historical debt [6] Resolution of Legacy Matters - In November 2025, HUB reached settlement agreements resolving historical PIPE-related disputes from its 2023 business combination, which were approved by the Audit Committee and Board of Directors, pending shareholder approval [5] Management Commentary - Management emphasized that the first half of the year focused on rebuilding the company's foundation, expanding margins, strengthening liquidity, and removing legacy constraints, positioning HUB for greater operational discipline and financial resiliency [8] - The CEO highlighted that HUB's value is driven by the architecture being built rather than day-to-day market fluctuations, asserting that fundamentals are stronger than in recent years [9] Strategic Positioning - HUB's asset base includes approximately $40 million of consolidated intellectual property and technology assets, which are crucial for its secured data fabric and trust-infrastructure platforms [6] - The company aims to unify identity, data security, and AI governance into a single trust architecture for institutional and national-scale operations [10]
Hub Cyber Security Successfully Settles Legacy Class Action Litigation and Removes Structural Friction to Accelerate Execution
Globenewswire· 2025-12-10 19:32
Core Viewpoint - HUB Cyber Security Ltd. has announced a successful settlement of $11 million to resolve a legacy U.S. securities class action related to its 2023 IPO, which is expected to remove a structural barrier and allow the company to focus on its business growth [1][2]. Financial Implications - The settlement will be primarily financed by HUB's insurance carriers, ensuring minimal cash outlay for the company while supporting its operational priorities [2]. - The company is advancing the filing of its interim financials, which will reflect higher gross margins and revenues for the first half of the year [3]. Strategic Direction - The CEO of HUB emphasized that this settlement represents a strategic reset, allowing the company to focus on securing sensitive digital assets and enhancing operational efficiency [4]. - The company aims to build a secure backbone for next-generation computing, addressing the growing importance of trust in national security, financial infrastructure, and artificial intelligence [4]. 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 and global banks to secure digital infrastructure [5].
Autonomous Finance Needs a Control Layer; HUB Cyber Security Is Building It
Accessnewswire· 2025-12-09 15:00
Core Insights - A fundamental shift in global finance is occurring, with institutions moving towards autonomous engines that operate with unmatched speed and precision, driven by machine reasoning and real-time settlement networks [1][6][10] - The success of this transition relies on the ability to verify every action within these systems, as automation fails without trust in the environment [2][4][7] Company Overview - HUB Cyber Security (NASDAQ:HUBC) is addressing the gap in the market by providing a confidential computing engine that validates data, identity, and computation at the hardware level, ensuring the integrity of every action [3][9] - HUB Compliance™ extends this architecture to embed evidence directly into transaction paths, allowing for intrinsic proof of authenticity that regulators and counterparties can accept confidently [4][5] Market Positioning - HUB has transitioned from an emerging provider to a recognized institutional infrastructure player, highlighted by a significant aerospace and defense agreement that emphasizes the importance of trust in financial systems [5][9] - The company's model aligns with the increasing demands for real-time settlement, stricter onboarding standards, and operational transparency, making it a timely solution for institutions [6][8] Technological Impact - HUB's architecture supports the necessary trust layer for autonomous finance, enabling institutions to automate processes without sacrificing verification, thus transforming automation into a growth engine for the financial ecosystem [7][10] - The integration of confidential computing and embedded verification enhances regulatory confidence and accelerates operational processes, allowing for predictable and resilient workflows [8][9]
HUB Cyber Security Builds the Hardware Root of Digital Truth
Accessnewswire· 2025-12-09 13:00
Core Insights - HUB Cyber Security is transitioning from being viewed solely as a cybersecurity vendor to being recognized as a foundational layer in the regulated economy, emphasizing the importance of compliance in various sectors [2][12] - The introduction of HUB Compliance™ is positioned as a comprehensive compliance infrastructure that integrates confidential computing, automated policy enforcement, and verifiable logging, addressing the needs of institutions in high-risk environments [3][8] Product and Market Positioning - HUB Compliance™ is designed to be more valuable as regulatory demands increase, contrasting with other firms that attempt to evade compliance [4][12] - The product is not merely an add-on but a critical infrastructure stack for institutions operating under stringent regulations, which is gaining traction among customers [8][12] Recent Developments - HUB secured a multi-year deal with a major aerospace and defense manufacturer, indicating strong market validation and trust in its architecture [5][6] - The defense sector's approval of HUB's system enhances its credibility, attracting attention from financial institutions and regulators [7][12] Industry Trends - There is a tightening of regulations across industries handling sensitive data, with traditional tools failing to meet the demands for real-time compliance and audit readiness [9][10] - The market is increasingly in need of systems that provide verifiable evidence of compliance as transactions occur, which HUB aims to fulfill [10][11] Strategic Vision - HUB is positioning itself as an architect of the new compliance economy, focusing on building a platform based on confidential computing and verifiable governance [12] - The company is not competing in the traditional cybersecurity market but is instead stepping into a role that aligns with its foundational capabilities [12]
The Global Infrastructure of Trust Is Being Rebuilt, and HUB Cyber Security Is Becoming One of Its Architects
Accessnewswire· 2025-12-08 13:00
Core Insights - HUB Cyber Security is redefining the cybersecurity landscape by focusing on hardware-level solutions for digital trust, rather than traditional software updates and alerts [1][2] - The company addresses the growing need for certainty in the digital economy, where legacy compliance systems struggle to keep up with the rapid increase in transactions and data flows [2][4] - HUB's confidential computing engine and HUB Compliance™ framework provide a robust solution for verifying data integrity in real-time, transforming regulatory challenges into operational advantages [6][5] Market Dynamics - The digital economy is facing foundational weaknesses due to unverifiable and incomplete data, leading to inconsistent KYC and AML processes [4] - HUB's technology offers a protected execution environment that allows for data processing and validation without exposing it to interference, creating a system of trust that does not rely on human oversight [5][6] - The recent commercial contract with a defense-grade buyer signifies a shift in market perception, as it validates HUB's technology and enhances its credibility among institutional buyers [8][9] Strategic Positioning - HUB is positioning itself at the intersection of cybersecurity, compliance, and next-generation identity systems, aiming to build the infrastructure necessary for institutions to trust their data [11][12] - The company is expanding globally, entering European and international markets with a scalable technology stack that maintains its guarantees [10] - HUB's approach is not niche; it is integral to the backbone of the global digital economy, moving from theoretical concepts to practical implementations in live environments [12][13]
HUB Cyber Security Announces Major Commercial Win Following New Agreement With Leading Aerospace & Defense Manufacturer
Globenewswire· 2025-12-04 12:30
Core Insights - HUB Cyber Security Ltd. has entered into a significant commercial licensing software agreement with a leading aerospace and defense manufacturer, enhancing its global position as a strategic technology partner in mission-critical environments [1][5][6] - The multi-year agreement is projected to generate meaningful six-figure revenues with strong growth potential as more systems and fleets adopt HUB's platform [2][3] Agreement Details - The agreement includes a perpetual license and a multi-year support package for FavoWeb FRACAS, HUB's advanced reliability-intelligence platform, which is utilized by global aerospace leaders for real-time failure tracking and predictive reliability analytics [3][4] - FavoWeb will act as a critical digital-reliability layer for advanced aerospace development programs, facilitating faster development cycles and significant lifecycle savings [3][4] Evaluation Process - The manufacturer selected FavoWeb after a comprehensive technical evaluation that confirmed HUB's capability to meet stringent reliability, safety, and traceability requirements for next-generation aviation systems [4] Industry Presence - This partnership strengthens HUB's presence in the global aerospace and defense sector, aligning with other leading avionics manufacturers and defense integrators that utilize HUB's solutions [5][6] - The company is experiencing increasing demand for its secured data fabric and reliability-engineering solutions across various highly regulated sectors, including aerospace, defense, financial services, and energy [6] 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 and global banks to secure digital infrastructure [7]
Fortanix Brings Secure and Trusted Agentic AI to Cutting-Edge NVIDIA Confidential Computing GPUs
Businesswire· 2025-10-28 18:30
Core Insights - Fortanix and NVIDIA have launched a joint solution to provide a secure, on-premises platform for running agentic AI in sensitive environments, addressing the need for compliance and data protection in industries like healthcare, finance, and government [1][2][3] Company Overview - Fortanix is recognized as a global leader in data security, particularly in the realm of AI, and is pioneering Confidential Computing to secure sensitive data across various environments [9][10] Product Features - The new platform utilizes NVIDIA Hopper and Blackwell GPU architectures, enabling enterprises to deploy AI agents securely on sensitive data while ensuring compliance and confidentiality [4][5] - Key benefits include end-to-end trust through composite attestation and cryptographic key management, which ensures that sensitive data and models are protected throughout their lifecycle [6][7] Market Demand - Industries such as healthcare, finance, and government are eager to leverage AI but face challenges due to the sensitivity of their data, necessitating solutions that do not compromise on security or compliance [3][5] Implementation and Compliance - The platform allows organizations to transition from AI pilots to production rapidly, maintaining control and sovereignty over their data while adhering to strict regulatory requirements [3][11] - Fortanix's solution is designed to streamline compliance processes, featuring role-based access controls and consistent audit logs to facilitate regulatory audits [11]
HUB Cyber Security Launches HUB Compliance™ Globally – Expanding Its Next-Generation AI Compliance Platform Worldwide
Globenewswire· 2025-10-06 13:48
Core Insights - HUB Cyber Security Ltd. has launched HUB Compliance™, a next-generation compliance and regulatory oversight platform, currently deployed by leading European banks and expanding to North America, Asia, and the Middle East [1][2][3] Group 1: Product Overview - HUB Compliance™ integrates confidential computing, AI, and automation to enhance data governance and risk intelligence in real time, transforming AML/KYC processes and automating regulatory workflows for major banks [2][5] - The platform aims to operationalize trust at scale, helping financial institutions turn compliance from a cost center into a competitive advantage [5][6] Group 2: Technological Innovation - The solution is built on HUB's proprietary Secured Data Fabric, which allows for real-time compliance visibility and adaptive intelligence, evolving alongside regulatory changes [5][9] - HUB is committed to continuous R&D and plans to release new AI-driven modules and enhancements to its Secured Data Fabric in the near future [6][10] Group 3: Market Expansion - HUB Compliance™ is being offered to global financial institutions seeking improved compliance operations, with a focus on rapid onboarding and dynamic risk detection [7][9] - The platform has been validated by real-world feedback from Tier-1 banks, indicating its effectiveness in regulated environments [5][9]