HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), announced today an agreement with one of the largest US Cyber security solutions system integrators, on the sale of HUB’s Confidential Compute solutions to US enterprises and telecom providers. The integrator specializes in providing products and services for 5G networks and Edge Computing in the U.S.
The term of the engagement is set for 24 months, and may be extended upon mutual agreement between both parties.
This is a first strategic agreement for HUB in the U.S. market, and the Company believes it will increase HUB’s product sales in the US, and significantly impact the Company’s revenues over the next two years.
Eyal Moshe, CEO of HUB Security, stated: “We are on a path to hyper growth in the sales of our Confidential Computing solutions worldwide over the next five years to establish ourselves as a leader in this space. The U.S. is a prime target and we intend to build a string of partnerships for rapid introductions and deployments of our solutions in Fortune 500 companies and government agencies.”
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