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On Wed, 5 Mar, 4:02 PM UTC
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What's Going On Cycurion Shares Tuesday? - Cycurion (NASDAQ:CYCU)
Every week, our Whisper Index uncovers five overlooked stocks with big breakout potential. Get the latest picks today before they gain traction. Cycurion, Inc. CYCU shares are trading higher on Tuesday after the company announced the launch of its ARx Platform. What To Know: The expansion comes after the software was well received by government agencies, including the Department of Justice and the Department of Defense. Additionally, the company recently secured a 24 to 36 month long partnership with a national public health association. The software-as-a-service platform is an AI-driven cybersecurity solution that combines multiple security features, including a web application firewall, DDoS protection, bot mitigation, geo-gating and endpoint security Kevin Kelly, Chairman and CEO of Cycurion, said, "The corporate sector has embraced ARx for its ability to deliver enterprise-grade security in a pure SaaS model, absent a cumbersome network appliance, ultimately delivering unmatched ROI." See Also: What's Going On With Bitcoin Mining Stocks MARA Holdings And Riot Platforms Tuesday? CYCU Price Action: At the time of writing, Cycurion shares are trading 4% higher at 62 cents, according to data from Benzinga Pro. Image: This illustration was generated using artificial intelligence via Midjourney. CYCUCycurion Inc $0.63375.42% Overview Market News and Data brought to you by Benzinga APIs
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Cycurion (Nasdaq: CYCU) Awarded Three Multi-Year Contracts Highlighting Growth and Innovation - Cycurion (NASDAQ:CYCU)
MCLEAN, Va., March 05, 2025 (GLOBE NEWSWIRE) -- Cycurion CYCU ("Cycurion" or the "Company"), a trusted leader in IT cybersecurity solutions and AI, announces the award of three new multi-year contracts focused on program management, cybersecurity, and disaster recovery/business continuity. These engagements -- secured with two government clients and one commercial client -- reflect the Company's ongoing commitment to delivering exceptional services and expanding its reach. These contracts, which represent a total of up to $6 million in revenue over six years, mark a significant step forward for Cycurion, highlighting its ability to serve both government and commercial sectors while strengthening its international client footprint. The Company's ARx platform, enriched with AI-driven tools and IT cybersecurity solutions, provides a robust foundation for addressing complex challenges and delivering tailored, forward-thinking results. "These awards are also a testament to the hard work and dedication of our team," added Kevin Kelly. "We're enthusiastic about the opportunities ahead and remain focused on growing our capabilities to meet the evolving needs of our clients. We believe this is an exciting time for Cycurion, and we look forward to providing significant value for all of our stakeholders." Cycurion will continue to provide updates on its progress and innovations as it continues to build on its mission of excellence in IT cybersecurity solutions and AI. About Cycurion Based in McLean, Virginia, Cycurion CYCU is a forward-thinking provider of IT cybersecurity solutions and AI, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies, Cloudburst Security, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients with a commitment to securing the digital future. Forward looking Statements This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion's business. Many factors could cause Cycurion's actual results, performance, or achievements to be materially different from any future results, performance, or achievements described in this press release, including words such as "continue", "expect", "intend", "will", "hope", "should", "would", "may", "potential", and other similar expressions. Such factors could include, among others, those detailed in its Registration Statement on Form S-4, as filed with the Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled "Risk Factors" in that filing with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and Cycurion does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. Cycurion cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Investor Contact: CORE IR investors@cycurion.com Phone: (703) 555-0123 Email: media@cycurion.com CYCUCycurion Inc$0.902638.6%OverviewMarket News and Data brought to you by Benzinga APIs
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Cycurion, a leader in IT cybersecurity and AI, launches its ARx Platform and secures multi-year contracts, showcasing growth in both government and commercial sectors.
Cycurion, Inc. (NASDAQ: CYCU), a leading provider of IT cybersecurity solutions and AI, has announced the launch of its ARx Platform, an AI-driven cybersecurity solution. The software-as-a-service platform combines multiple security features, including a web application firewall, DDoS protection, bot mitigation, geo-gating, and endpoint security 1.
Kevin Kelly, Chairman and CEO of Cycurion, emphasized the platform's appeal to the corporate sector, stating, "The corporate sector has embraced ARx for its ability to deliver enterprise-grade security in a pure SaaS model, absent a cumbersome network appliance, ultimately delivering unmatched ROI" 1.
The ARx Platform has been well-received by government agencies, including the Department of Justice and the Department of Defense. Cycurion has also secured a 24 to 36-month partnership with a national public health association, further validating the platform's effectiveness and versatility 1.
In a significant development, Cycurion has been awarded three new multi-year contracts focused on program management, cybersecurity, and disaster recovery/business continuity. These contracts, secured with two government clients and one commercial client, represent a total of up to $6 million in revenue over six years 2.
The new contracts mark a significant step forward for Cycurion, highlighting its ability to serve both government and commercial sectors while strengthening its international client footprint. The company's AI-enhanced ARx platform provides a robust foundation for addressing complex challenges and delivering tailored, forward-thinking results 2.
Following the announcement of the ARx Platform launch, Cycurion's shares experienced a 4% increase, trading at 62 cents 1. This positive market response reflects investor confidence in the company's innovative approach to cybersecurity.
Cycurion, based in McLean, Virginia, continues to focus on delivering secure, reliable, and innovative services to clients worldwide. The company specializes in cybersecurity, program management, and business continuity, leveraging its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations 2.
As Cycurion builds on its mission of excellence in IT cybersecurity solutions and AI, the company remains committed to providing significant value for all stakeholders and securing the digital future.
Cycurion, a leader in IT cybersecurity and AI solutions, appoints industry veteran Reginald S. Bailey, Sr. to its Board of Directors, bringing extensive experience in technology, operations, and entrepreneurship.
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CURRENC Group unveils SEAMLESS AI Call Centre Solutions, featuring Text AI, Voice AI, and Avatar AI, designed to revolutionize customer service in the financial sector. The announcement led to a dramatic 300% increase in the company's stock price.
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CyberArk Software Ltd. has announced its second quarter 2024 financial results, surpassing analyst expectations with impressive revenue growth and non-GAAP earnings per share.
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Cyngn Inc. announces significant milestones in autonomous vehicle technology for industrial use, including new contracts, patents, and an expanded dealer network, highlighting the company's growth in the smart manufacturing sector.
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Cyngn Inc., a developer of AI-powered autonomous driving software for industrial applications, has successfully closed a $9 million registered direct offering to support its growth and development in the autonomous vehicle technology sector.
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