Cybeats Signs Multi-Year Contract with Rockwell Automation
Cybeats Technologies has secured a significant three-year agreement with Rockwell Automation (NYSE: ROK), the world's largest pure-play industrial automation company. The contract focuses on implementing Cybeats' SBOM Studio for software supply chain security management, particularly in industrial control systems (ICS).
The agreement represents one of the most substantial contracts in Cybeats' history, demonstrating increasing demand for software supply chain solutions in critical sectors. SBOM Studio provides measurable ROI through streamlined vulnerability management, enhanced supply chain transparency, and regulatory compliance support. The platform enables secure SBOM sharing and helps organizations meet regulatory requirements while accelerating product sales in highly regulated markets.
Cybeats Technologies ha stipulato un importante accordo triennale con Rockwell Automation (NYSE: ROK), la più grande azienda al mondo specializzata in automazione industriale. Il contratto si concentra sull'implementazione di SBOM Studio di Cybeats per la gestione della sicurezza della supply chain software, in particolare nei sistemi di controllo industriale (ICS).
L'accordo rappresenta uno dei contratti più significativi nella storia di Cybeats, dimostrando una crescente domanda di soluzioni per la supply chain software nei settori critici. SBOM Studio offre un ritorno sugli investimenti misurabile attraverso una gestione delle vulnerabilità semplificata, una maggiore trasparenza della supply chain e supporto alla conformità normativa. La piattaforma consente una condivisione sicura degli SBOM e aiuta le organizzazioni a soddisfare i requisiti normativi mentre accelera le vendite dei prodotti in mercati altamente regolamentati.
Cybeats Technologies ha asegurado un importante acuerdo de tres años con Rockwell Automation (NYSE: ROK), la empresa de automatización industrial más grande del mundo. El contrato se centra en la implementación de SBOM Studio de Cybeats para la gestión de la seguridad de la cadena de suministro de software, particularmente en sistemas de control industrial (ICS).
El acuerdo representa uno de los contratos más significativos en la historia de Cybeats, demostrando una creciente demanda por soluciones de cadena de suministro de software en sectores críticos. SBOM Studio proporciona un retorno de inversión medible a través de una gestión de vulnerabilidades optimizada, mayor transparencia en la cadena de suministro y soporte para el cumplimiento regulatorio. La plataforma permite el intercambio seguro de SBOM y ayuda a las organizaciones a cumplir con los requisitos regulatorios mientras acelera las ventas de productos en mercados altamente regulados.
Cybeats Technologies는 세계 최대의 순수 산업 자동화 회사인 Rockwell Automation (NYSE: ROK)와 중요한 3년 계약을 체결했습니다. 이 계약은 산업 제어 시스템(ICS)에서 소프트웨어 공급망 보안 관리를 위해 Cybeats의 SBOM Studio를 구현하는 데 중점을 두고 있습니다.
이번 계약은 Cybeats 역사상 가장 중요한 계약 중 하나로, 중요한 분야에서 소프트웨어 공급망 솔루션에 대한 수요가 증가하고 있음을 보여줍니다. SBOM Studio는 간소화된 취약점 관리, 향상된 공급망 투명성, 규제 준수 지원을 통해 측정 가능한 ROI를 제공합니다. 이 플랫폼은 안전한 SBOM 공유를 가능하게 하고, 조직이 규제 요구사항을 충족하는 동시에 고규제 시장에서 제품 판매를 가속화하는 데 도움을 줍니다.
Cybeats Technologies a signé un contrat de trois ans significatif avec Rockwell Automation (NYSE: ROK), la plus grande entreprise d'automatisation industrielle au monde. Le contrat se concentre sur l'implémentation de SBOM Studio de Cybeats pour la gestion de la sécurité de la chaîne d'approvisionnement logicielle, en particulier dans les systèmes de contrôle industriel (ICS).
Cette accord représente l'un des contrats les plus importants de l'histoire de Cybeats, démontrant la demande croissante de solutions de chaîne d'approvisionnement logicielle dans des secteurs critiques. SBOM Studio offre un ROI mesurable grâce à une gestion simplifiée des vulnérabilités, une transparence accrue de la chaîne d'approvisionnement et un soutien à la conformité réglementaire. La plateforme permet le partage sécurisé des SBOM et aide les organisations à respecter les exigences réglementaires tout en accélérant les ventes de produits sur des marchés hautement réglementés.
Cybeats Technologies hat einen bedeutenden Drei-Jahres-Vertrag mit Rockwell Automation (NYSE: ROK), dem größten Unternehmen der Welt im Bereich der reinen Industrieautomatisierung, abgeschlossen. Der Vertrag konzentriert sich auf die Implementierung von SBOM Studio von Cybeats für das Management der Sicherheit in der Software-Lieferkette, insbesondere in industriellen Steuerungssystemen (ICS).
Die Vereinbarung stellt einen der bedeutendsten Verträge in der Geschichte von Cybeats dar und zeigt die wachsende Nachfrage nach Lösungen zur Software-Lieferkette in kritischen Sektoren. SBOM Studio bietet einen messbaren ROI durch optimiertes Schwachstellenmanagement, erhöhte Transparenz in der Lieferkette und Unterstützung bei der Einhaltung von Vorschriften. Die Plattform ermöglicht einen sicheren Austausch von SBOM und hilft Organisationen, regulatorische Anforderungen zu erfüllen, während sie den Produktverkauf in stark regulierten Märkten beschleunigt.
- Secured three-year contract with world's largest industrial automation company
- Agreement represents one of the largest contracts in company history
- Expansion into critical industrial control systems (ICS) vertical
- None.
Insights
The multi-year contract with Cybeats marks a strategic enhancement to Rockwell Automation's cybersecurity infrastructure, particularly significant given the escalating threats to industrial control systems. This partnership addresses three critical business imperatives: regulatory compliance, operational security and supply chain transparency.
The implementation of SBOM Studio positions Rockwell advantageously in the industrial automation market where security credentials increasingly influence customer decisions. The software will enable real-time visibility into software components across Rockwell's extensive product portfolio, potentially reducing vulnerability response times from weeks to hours. This capability is particularly valuable given that industrial control systems face an average of 1,440 cyber threats per year.
From a competitive standpoint, this investment strengthens Rockwell's market position through:
- Enhanced compliance with emerging regulations like the Cyber Incident Reporting for Critical Infrastructure Act
- Improved ability to meet stringent customer security requirements in regulated industries
- Accelerated time-to-market through streamlined security documentation
- Reduced operational risks from software supply chain vulnerabilities
While specific financial terms weren't disclosed, the investment reflects Rockwell's proactive approach to cybersecurity risk management. The timing aligns with increasing regulatory pressure and customer demands for supply chain transparency, potentially providing Rockwell a first-mover advantage in comprehensive SBOM management among industrial automation leaders.
Toronto, Ontario--(Newsfile Corp. - January 28, 2025) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a global leader in software supply chain security, announces that it has signed a three-year agreement with Rockwell Automation, Inc. ("Rockwell") (NYSE: ROK), the world's largest pure-play industrial automation company.
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This contract underscores the Company's growing traction with the industrial control systems ("ICS") vertical - an industry where software supply chain security is paramount for operational reliability, regulatory compliance, and product security requirements for industrial control systems.
"The supply chain security market is rapidly evolving, and Cybeats' solutions are at the forefront of ensuring transparency, compliance, and trust across the software ecosystem. The product security team at Rockwell is excited to expand the use of Cybeats SBOM Studio for our SBOM management needs," said Tony Baker, Rockwell Automation, VP & Chief Product Security Officer.
"This multi-year agreement is one of the most significant contracts in Cybeats' history, highlighting the growing demand for robust software supply chain solutions across critical sectors. By collaborating with industry leader Rockwell Automation, Cybeats is further solidifying its position as a trusted provider for addressing complex product security challenges on a global scale," said Justin Leger, CEO of Cybeats.
Benefits of SBOM Adoption
SBOM Studio delivers measurable ROI by streamlining software vulnerability management, enhancing supply chain transparency, and supporting regulatory compliance. As a trusted solution for global leaders like Rockwell Automation, SBOM Studio empowers organizations across industries to navigate the complexities of the software supply chain. The platform enables secure SBOM sharing, fostering transparency and trust with customers, and helping organizations meet regulatory requirements while accelerating the sale of their products in highly regulated markets. Cybeats is proud to collaborate with industry innovators like Rockwell Automation, reinforcing its position as a leader in SBOM management.[1]
About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 27,000 problem solvers dedicated to our customers in more than 100 countries as of fiscal year end 2024. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.
About Cybeats Technologies Corp.
Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) is a cybersecurity company providing Software Bill of Material (SBOM) management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Our platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency, increase revenue, and align organizations with current and future regulations. Cybeats. Software Made Certain. Website: https://cybeats.com
Contact:
Justin Leger, CEO
Phone: 1-888-713-SBOM (7266)
Email: ir@cybeats.com
Sean Peasgood, Investor Relations
Phone: (905) 667-6761
Email: Sean@SophicCapital.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this news release contains forward-looking information relating to, among other things, the Company's expectations with respect to the use of proceeds and the use of the available funds following completion of the Offering, and the completion of the Offering. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for the products described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Company filings are available under the Company's SEDAR+ profile at www.sedarplus.ca.
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FAQ
What is the duration and significance of Cybeats' contract with Rockwell Automation (ROK)?
How will ROK utilize Cybeats' SBOM Studio platform?
What are the key benefits of SBOM Studio for Rockwell Automation (ROK)?
How does this partnership impact Cybeats' market position in the industrial control systems sector?
