The IronNet Navy Contract Diaries

Using the IronNet Collective Defense Platform, NAVSEA will likely have bigger visibility of the present risk landscape, with situational context, and can Enhance the success of present defenses and cybersecurity equipment employed by its DIB contractors.

DIB associates that incur comparable cyber assaults Sooner or later can employ the System to pool cybersecurity assets and knowledge.

The foregoing listing of elements isn't exhaustive. You need to thoroughly take into account the foregoing variables and the other pitfalls and uncertainties described beneath the heading “Possibility Variables” in IronNet’s Yearly Report on Type 10-K with the 12 months ended January 31, 2022, filed While using the Securities and Exchange Commission (the “SEC”) on May possibly 2, 2022, IronNet’s most recent Quarterly Report on Form ten-Q with the quarter ended July 31, 2022, filed With all the SEC on September fourteen, 2022, as well as other paperwork that IronNet information Along with the SEC occasionally. These filings determine and tackle other significant risks and uncertainties that might induce actual functions and benefits to differ materially from People contained while in the forward-searching statements. Forward-wanting statements communicate only as in the day They can be designed. Viewers are cautioned not To place undue reliance on forward-on the lookout statements, and IronNet will not undertake any obligation to update or revise any forward-looking statements, irrespective of whether due to new data, long run situations or or else, except as necessary by regulation.

This Original contract, which has an annual recurring earnings (ARR) value of $one.two million to IronNet, incorporates 17 DIB customers and may support us to ascertain a base with a department of the U.S. armed forces on which we are working to increase.”

“We are very pleased to assist the United States armed forces’s cybersecurity abilities,” stated Basic (Ret.) Keith Alexander, CEO and founding father of IronNet. “This partnership arrives in a important moment when world wide cyber threats are at an all-time large. The IronNet Collective Protection System offers the Navy a most effective-in-course Remedy, enabling risk intelligence gained in one setting being crowdsourced anonymously and at network pace among other corporations—In particular smaller types with much less resources for determining and evaluating threats promptly.

The pilot software revealed that smaller- and medium-sized corporations in the DIB Primarily are likely vulnerable and comfortable targets for adversaries to achieve operational gain. The Collective Protection approach to DIB cybersecurity is made to ensure that collaborating DIB businesses not have to shield their networks in isolation; inside the safe Collective Protection System, they could pool means, including the work of cyber analysts across corporations who are observing and defending from exactly the same cyber assaults hitting the sector.

The pilot method exposed that smaller and medium-sized corporations within the Protection Industrial Foundation Specially are likely vulnerable and gentle targets for adversaries to gain operational edge.

ITES-SW2 is really a organization-fixed selling price, indefinite shipping and delivery/indefinite amount contract motor vehicle for industrial off-the-shelf software products and associated providers and hardware that has a USD$13 billion ceiling price. The contract has no costs, and ordering is open to all Army, DoD and Federal companies and approved units integrators on the around the globe basis.

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This press release includes “ahead-seeking statements” within the indicating in the “Risk-free harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including, devoid of limitation, statements relating to IronNet’s power to give visibility and detection of malicious behaviors and to help defend from increased cyber threats going through the world and the organization’s technique to extend its offerings amid branches of the U.S navy. When made use of With this push release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “ideas,” “intends,” “thinks,” “seeks,” “might,” “will,” “must,” “future,” “suggest” and variants of such words and phrases or similar expressions (or even the adverse versions of these text or expressions) are intended to determine forward-seeking statements. These ahead-searching statements are usually not ensures of future effectiveness, ailments, or final results, and contain a number of known and unknown risks, uncertainties, assumptions along with other critical elements, lots of which might be exterior IronNet’s administration’s Management, that can result in real results or outcomes to differ materially from These discussed within the ahead-wanting statements. Critical aspects, amongst Other people, which will have an impact on real benefits or outcomes involve: IronNet’s means to carry on being a going worry; dangers and uncertainties associated with a possible filing for reduction under The us Individual bankruptcy Code; IronNet’s lack of ability to acknowledge the anticipated advantages of collaborations with IronNet’s companions and shoppers; IronNet’s capacity to execute on its plans to produce and marketplace new solutions and also the timing of those enhancement packages; the rate and degree of sector click here acceptance of IronNet’s goods; the results of other competing systems that may turn into obtainable; the efficiency of IronNet’s solutions; probable litigation involving IronNet; and typical financial and sector circumstances impacting demand from customers for IronNet’s products.

This conversation shall neither represent a suggestion to promote or maybe the solicitation of an offer to purchase any securities, nor shall there be any sale of securities in any jurisdiction through which the present, solicitation or sale could well be illegal ahead of the registration or qualification under the securities rules of any these jurisdiction.

This Preliminary contract, that has an annual recurring income (ARR) price of $1.2 million to IronNet, involves seventeen DIB shoppers and may help us to establish a foundation having a branch from the U.S. armed service on which we've been Operating to increase."

SOC groups equipped with IronDefense might be more successful and efficient with current cyber protection applications and analyst capability.

Leverage NDR driven by behavioral analytics and crowdsourced attack intelligence to secure your business

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