Saturday, October 19, 2024
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archTIS: Renews two government contracts worth over $400K

archTIS: Renews two government contracts worth over $400K

  • Tech company archTIS (AR9) has renewed two contracts with the Federal Government, worth more than $400,000
  • The two contracts are for a national security agency and national law enforcement agency
  • Kojensi is essentially a security platform which allows users to share and collaborate on classified or sensitive information
  • Under the contracts, archITIS also provide software maintenance of support service to the two agencies
  • The contract renewals come after the company also sold its security platform Kojensi to Northrop Grumman for its test pilot with Curtin University
  • Shares in archTIS are trading down 5.56 per cent at 17 cents each

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