HUB Cyber Security Awarded NIS 16M (~US$5M) Government Contract by the Israeli Ministry of Interior
Overview
HUB Cyber Security Ltd. announced it has been awarded a NIS 16 million (approximately US$5 million) government contract by the Israeli Ministry of Interior. The Company said it believes the project has the potential to generate approximately NIS 14.5 million (approximately US$4.5 million) in revenues to HUB over the next two years. The contract is expected to be executed through HUB’s Professional Services division and includes deployment, integration, and ongoing operational support of secure cyber and data protection capabilities within mission-critical government environments.
Key Highlights
- Awarded a NIS 16 million (approximately US$5 million) government contract by the Israeli Ministry of Interior.
- The Company believes the project has the potential to generate revenues to HUB of approximately NIS 14.5 million (approximately US$4.5 million) over the next two years.
- Expected to be performed over a period of up to two years, with potential extensions, subject to standard governmental terms and performance milestones.
- Contract to be executed and delivered through HUB’s Professional Services division.
- The Company described this as its third governmental or institutional contract secured during this month.
What to Watch Next
- Execution and delivery through HUB’s Professional Services division, with performance milestones under standard governmental terms.
- Potential extensions beyond the initial performance period of up to two years, if applicable under the contract terms.
Commentary
The announced award adds a disclosed contract value and management’s stated revenue potential over a defined two-year period, and it is positioned as part of a series of governmental or institutional wins during the month. The scope described emphasizes services-led deployment and ongoing operational support in mission-critical government environments.
About HUB Cyber Security Ltd.
HUB Cyber Security Ltd. is a global leader in confidential computing, AI-driven data fabric, and cybersecurity. The Company’s Secured Data Fabric (SDF) is designed to help organizations virtualize, secure, and analyze sensitive data across borders and silos while meeting regulatory standards. HUB has operations across North America, Europe, and Israel and works with Fortune 100 companies, global banks, and sovereign institutions.
ArcStone Financial Pulse Team
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