HUB Security Wins NIS 4.2 million Tender from Israeli Department of Defense

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Provides a business update on deployments and progress of its upcoming listing on NASDAQ

TEL AVIV, Israel, Sept. 12, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), is updating its shareholders today on the following progress:

  1. Progressing as planned following the recent F-4 registration statement  submission to the SEC, with an anticipated listing before year-end 2022.
  2. A tender contract was won with the Israeli Department of Defense for the provisioning of NIS 4.2 million worth of HUB’s products and services over the next 3 years.
  3. Receipt of first orders to deploy HUB’s Confidential Computing solutions for a Swiss corporation in the total expected amount of USD 18 million over 3 years (in context with TASE report Ref#: 2022-01-061507).

About HUB Cyber Security (Israel) Limited

HUB Cyber Security (Israel) Limited (“HUB”) was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The…

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