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Cybeats - CYBCF STOCK NEWS

Welcome to our dedicated page for Cybeats news (Ticker: CYBCF), a resource for investors and traders seeking the latest updates and insights on Cybeats stock.

About Cybeats Technologies Corp. (CYBCF)

Cybeats Technologies Corp. is a global leader in cybersecurity, specializing in Software Bill of Materials (SBOM) management and software supply chain intelligence. Headquartered in Toronto, Ontario, Cybeats provides innovative solutions that help organizations manage risk, meet regulatory compliance, and secure their software ecosystems from procurement to development and operation. By offering comprehensive visibility and transparency into software supply chains, Cybeats empowers its clients to improve operational efficiency, enhance security, and drive revenue growth.

Core Offerings

At the heart of Cybeats' product suite is SBOM Studio, an industry-leading platform designed to streamline software vulnerability management, ensure regulatory compliance, and enhance supply chain transparency. SBOM Studio serves a diverse range of industries, including healthcare, industrial automation, and government sectors, enabling organizations to:

  • Identify and mitigate software supply chain risks in real-time.
  • Track and manage software vulnerabilities with automated risk analysis.
  • Ensure compliance with evolving regulations such as the U.S. Executive Order 14028 and the EU Cyber Resilience Act.
  • Facilitate secure SBOM sharing to foster trust and transparency with stakeholders.

Complementing SBOM Studio is SBOM Consumer, a solution tailored for organizations that procure and deploy software from multiple vendors. This platform simplifies SBOM ingestion, validation, and continuous monitoring, making it an essential tool for industries reliant on third-party software, such as healthcare and critical infrastructure.

Industry Leadership and Market Relevance

Cybeats has established itself as a trusted partner for some of the world's largest organizations, including Fortune 500 companies and government agencies like the U.S. Department of Defense. Its solutions align with global regulatory frameworks, providing clients with the tools needed to navigate complex compliance landscapes. In the healthcare sector, for instance, Cybeats supports medical device manufacturers (MDMs) in meeting FDA requirements for SBOMs, thereby enhancing patient safety and regulatory adherence.

The company's innovative approach extends to emerging technologies, with capabilities like AI Bill of Materials (AIBOM) management and AI Threat Intelligence Collection (AITIC). These advancements address the growing cybersecurity risks associated with artificial intelligence and software supply chains, further reinforcing Cybeats' market leadership.

Competitive Advantages

Cybeats differentiates itself through:

  • Comprehensive Solutions: Offering end-to-end SBOM management for both software producers and consumers.
  • Regulatory Alignment: Ensuring compliance with stringent regulations across North America and Europe.
  • Proven ROI: Demonstrating measurable cost savings and efficiency gains for clients, such as reducing vulnerability management efforts by up to 75%.
  • High Conversion Rates: Achieving a 90% conversion rate from product trials to long-term commercial licenses.
  • Strategic Partnerships: Collaborating with industry leaders like Rockwell Automation and the U.S. Department of Defense.

Market Outlook

As global cybersecurity threats continue to rise, the demand for SBOM solutions is accelerating. Cybeats is strategically positioned to capitalize on this trend, offering scalable solutions that address both current and future market needs. With a growing customer base, recurring revenue model, and focus on innovation, Cybeats is poised to remain a key player in the cybersecurity landscape.

Conclusion

Cybeats Technologies Corp. exemplifies innovation and leadership in the cybersecurity industry. Its cutting-edge solutions, regulatory expertise, and commitment to transparency make it an indispensable partner for organizations aiming to secure their software supply chains. Cybeats. Software Made Certain.

Rhea-AI Summary
Cybeats Technologies Corp. provides an overview of recent U.S. cybersecurity policy advancements that support the Company's mission of Software Bill of Materials (SBOM) Management. The company is actively participating in the SBOM standard by contributing to working groups by CISA and is pleased to observe the U.S. administration's push for the adoption of SBOM.
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Cybeats Technologies Corp. has successfully completed SOC 2 Type II certification, demonstrating organizational maturity and information security. This certification enhances Cybeats' ability to meet industry-specific needs and assures customers that their data is protected. SOC 2 compliance is crucial for tech companies, and Cybeats' certification strengthens its credibility in target verticals such as industrial controls, healthcare, and automotive industries.
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Cybeats Technologies Corp. announces the appointment of Justin Leger as CEO. Leger's primary mandates are to optimize commercial operations and accelerate the company's U.S. infrastructure. The appointment follows the successful launch of SBOM Studio. Leger is an accomplished operator with experience in government contracts and will focus on streamlining operations and driving sales results.
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Cybeats Technologies Corp. announces that it has been requested by OTC Markets Group Inc. to issue a statement about promotional activity concerning its common shares traded on the OTCQB market. The Company entered into an advertising agreement with Gold Standard Media, LLC and its affiliates. The Company does not believe the statements in the marketing materials and newsletter emails were materially false or misleading. The promotional activity coincided with increased trading activity in the common shares.
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Cybeats announces new pilot engagement for its SBOM Studio platform with an international technology and infrastructure company. The company has achieved significant growth in Monthly Recurring Revenue (MRR) and has a high pilot conversion rate. The average contract size for its SBOM Studio enterprise is over $700,000.
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Cybeats and CodeSecure partner to automate software supply chain security management
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Cybeats announces engagement with global smart manufacturing leader and provides commercial update highlighting 237% MRR growth
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Cybeats renews software licence agreement with Bullish, showcasing the value of SBOM Studio in enhancing cybersecurity measures. Bullish's focus on institutional digital assets sector and regulated framework contributes to market transparency. Cybeats reports 213% MRR growth YTD, 85% pilot conversion rate, and $707,428 average enterprise contract value for SBOM Studio.
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Cybeats Technologies Corp. reports a 213% monthly recurring revenue (MRR) growth year-to-date. The pilot conversion rate has increased to 85%, and 78% of SBOM Studio clients are Fortune 500 companies. The average contract value for SBOM Studio is $707,428, three times larger than average enterprise SaaS product offerings.
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Cybeats signs license agreement with Top 5 global Medical Device Manufacturer, solidifying its position as an SBOM management leader in the healthcare cybersecurity sector. Several contracts secured with leading MDMs demonstrate Cybeats' commercial success. Estimated value of the healthcare cybersecurity sector is $18 billion. Cybeats has partnered with three of the Top 10 MDMs and is engaged in trial evaluations and contract negotiations with other global MDM leaders. FDA's increased role in regulating medical device cybersecurity and the significance of SBOMs highlight the demand for SBOM management solutions like SBOM Studio. Cybeats' growing expertise in the healthcare industry is driving increasing demand for its effective SBOM management solution.
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FAQ

What is the current stock price of Cybeats (CYBCF)?

The current stock price of Cybeats (CYBCF) is $0.085 as of March 3, 2025.

What is the market cap of Cybeats (CYBCF)?

The market cap of Cybeats (CYBCF) is approximately 10.6M.

What is Cybeats Technologies Corp. known for?

Cybeats specializes in cybersecurity solutions, focusing on Software Bill of Materials (SBOM) management and software supply chain intelligence.

What industries does Cybeats serve?

Cybeats serves diverse industries, including healthcare, industrial automation, and government sectors, addressing their unique cybersecurity needs.

How does Cybeats' SBOM Studio help organizations?

SBOM Studio streamlines software vulnerability management, ensures regulatory compliance, and enhances supply chain transparency for its clients.

What is the significance of SBOM Consumer?

SBOM Consumer is tailored for organizations that procure software, simplifying SBOM ingestion, validation, and continuous monitoring to enhance security.

How does Cybeats align with global regulations?

Cybeats' solutions comply with regulations like the U.S. Executive Order 14028 and the EU Cyber Resilience Act, ensuring clients meet stringent cybersecurity standards.

Who are some of Cybeats' key clients?

Cybeats works with Fortune 500 companies, government agencies like the U.S. Department of Defense, and leading healthcare organizations.

What competitive advantages does Cybeats offer?

Cybeats stands out with its comprehensive solutions, regulatory alignment, proven ROI, high trial conversion rates, and strategic partnerships.

What is Cybeats' role in AI cybersecurity?

Cybeats addresses AI cybersecurity risks with innovations like AI Bill of Materials (AIBOM) and AI Threat Intelligence Collection (AITIC).
Cybeats

OTC:CYBCF

CYBCF Rankings

CYBCF Stock Data

10.56M
58.62M
54.46%
Software - Infrastructure
Technology
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Canada
Toronto