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Stock impact report

HUB Cyber Security Awarded Key Contract by the Israeli Airports Authority

Hub Cyber Security Ltd. (HUBC) 
Company Research Source: GlobeNewswire
TEL AVIV, Israel, May 02, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (Nasdaq: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services ("HUB" or the "Company"), is pleased to announce a new contract awarded by the Israel Airports Authority. Under this three-year agreement, HUB will provide supervision services and engineering design consultancy at all Airports Authority sites across Israel. This contract, valued at approximately $2 million, positions HUB to monitor key components vital for maintaining security and operational continuity at critical aviation sites nationwide. This win, achieved against ten other leading competitors, underscores its successful integration of recent acquisitions, enhancing its service capabilities and market reach. Noah Hershcoviz, CEO of HUB, commented, "This contract underscores confidence in our operational excellence and our steadfast commitment to managing big data and cybersecurity. It Show less Read more
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