- Plurilock Security (PLCKF, Financial) secured $1.3M CAD in contracts from April to May 2025.
- The Critical Services business saw a 178% year-over-year growth in 2025.
- New contracts include services for a U.S. advertising company and a NASDAQ-listed semiconductor manufacturer.
Plurilock Security Inc. (PLCKF), a leader in cybersecurity solutions, announced the successful acquisition of new contracts valued at $1.3 million CAD between April and May 2025. These agreements bolster Plurilock's standing in providing comprehensive security services while enhancing revenue visibility and establishing recurring income streams.
The newly secured contracts feature a $270,484 annual penetration testing agreement with a U.S.-based advertising company. Additionally, Plurilock extended two critical service contracts with a NASDAQ-listed semiconductor manufacturer, totaling $264,321 for Security Information and Event Management (SIEM) services and $784,904 for Security Operations Center (SOC) analyst support.
These engagements are orchestrated by Plurilock's Critical Services division, in collaboration with technology partners such as CrowdStrike and Abnormal Security, highlighting Plurilock's strategic capability in integrating partner technologies into comprehensive security programs. CEO Ian L. Paterson emphasized the importance of these initiatives, noting their role in addressing high-risk, complex environments.
The Critical Services business unit reported a substantial 178% growth year-over-year in 2025, reflecting the increasing market demand for integrated cybersecurity services. This growth contributes to Plurilock's multi-year revenue backlog, offering investors a clearer projection of the company's financial trajectory.
