HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, is announcing a new contract awarded by the Israel Airports Authority. Valued at approximately $2 million, this three-year contract calls for HUB to provide supervision services and engineering design consultancy at all Israel Airports Authority sites. According to the announcement, this contract positions HUB to monitor key components vital for maintaining security and operational continuity at critical aviation sites across Israel. HUB achieved the contract against ten other leading competitors. “This contract underscores confidence in our operational excellence and our steadfast commitment to managing big data and cybersecurity. It reflects our strategic approach to driving growth and delivering significant shareholder value, highlighting the successful integration and synergy across our operations,” said Noah Hershcoviz, CEO of HUB.
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About HUB Security Ltd.
HUB Cyber Security (“HUB Security”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB Security operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.
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