Our Bond wins major government contract, boosting AI security platform revenue by 30%

Our Bond Secures Government-Funded AI Deal With Significant Revenue Impact

Our Bond has won a government contract in the United States that will increase the company's annual recurring revenue by approximately 30%, a substantial boost for a firm that generated about $10 million in revenue over the past 12 months 1

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. The government-funded AI deal represents a critical milestone for the New York-based company, which operates an AI security platform designed to provide preventative personal security services. Management emphasized that the initial annual recurring revenue contribution serves only as a starting point, with the agreement structured to support expansion beyond $50 million over time 1

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. Key terms have been finalized, and formal contract execution is expected within the coming weeks.

OBAI Stock Surges on Government Contract News

OBAI stock responded strongly to the announcement, climbing 19.81% to $1.33 during premarket trading on Wednesday 1

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. The market reaction reflects investor confidence in the company's expanding business-to-government sales channel, which has emerged as a significant growth driver. This optimism comes despite challenging financial headwinds, as the company's stock had declined 98.38% year-to-date prior to this announcement, with a market capitalization standing at $13.08 million 2

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. The U.S. government contract follows a recent win in which a foreign municipality adopted the AI-powered preventative personal security platform to protect approximately 270,000 residents through a citywide deployment 2

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Debt-to-Equity Conversion Signals Institutional Confidence

Investor confidence received an additional boost from a significant balance sheet restructuring. Our Bond converted approximately $3.3 million of debt into equity at a conversion price more than 200% above the current share price, demonstrating strong institutional support for the company's trajectory 1

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. Investors also agreed to defer about $1 million of debt repayments from 2026 to 2027. Together, the new government contract, higher recurring revenue, and reduced near-term debt obligations have substantially improved the company's financial outlook. The debt-to-equity conversion involving Series G Convertible Preferred Stock, executed with Ascent Partners Fund LLC, marks the promissory notes as paid in full upon closing.

AI-Driven Security Solutions Gain Government Traction

The government contract validates growing momentum for AI-driven security solutions in the public sector. Our Bond's platform incorporates a multilayered, multifaceted technology stack that includes proprietary AI software, global infrastructure, and Bond Command Centers operating around the world 1

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. The company has supported more than 1.4 million security service requests, including over 10,000 emergencies, across 28 countries 2

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. The platform offers over 14 distinct services through its phone app and automated command centers, allowing members to choose when and how the service keeps them secure while preserving privacy 3

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. Additional services include executive protection and guarding, air guardian, and cybersecurity consulting through its Professional Security Consulting and Services division.

Municipality-Funded Program Opens New Distribution Channel

The municipality-funded program deployment represents Our Bond's entry into what CEO Doron Kempel described as a Business-to-Government-to-Consumer distribution channel, with the municipality fully funding resident access to personal security services 2

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. Kempel stated, "We believe this deployment sets a precedent for this significant new market opportunity for Bond" 2

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. The company has been recognized as a sole-source provider in some municipal engagements, allowing deployment without competitive tender processes. Our Bond indicated it is currently engaged with additional municipalities internationally, characterizing the municipal channel as having potential to become a multi-million-dollar revenue opportunity in 2026 alone. The company, which has invested more than $100 million in its technology and operations, serves corporations, universities, and municipalities globally through NASDAQ:OBAI.