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Cycurion (NASDAQ: CYCU) has announced an exclusive partnership with iQSTEL to deliver cybersecurity solutions to the U.S. telecommunications industry and expand internationally. The collaboration leverages iQSTEL's global presence across 17 time zones and seven offices worldwide, enabling Cycurion to extend its services throughout Europe, Latin America, the Middle East, and the United States.
Cycurion's comprehensive security offerings include 24/7 monitoring, threat detection, incident response, vulnerability assessments, and regulatory compliance solutions. The partnership aims to address critical industry challenges such as regulatory compliance demands, security professional shortages, and increasing cyberattacks.
The alliance is positioned to create new revenue streams and strengthen both companies' presence in high-growth markets. iQSTEL has forecasted $290 million in revenue for FY-2024, while Cycurion brings its experience serving U.S. government agencies like FEMA, TSA, and U.S. Courts to the partnership.
Cycurion (NASDAQ:CYCU) has announced its Initial Public Offering and listing on NASDAQ. Founded in 2017, the McLean, Virginia-based cybersecurity firm provides multi-layered SaaS solutions to federal, state, and local government agencies, including the Department of Defense, Defense Intelligence Agency, Department of Homeland Security, and Fortune 100/500 companies.
The company operates through three wholly-owned subsidiaries: Axxum Technologies , Cloudburst Security , and Cycurion Innovation, Inc. Their core offering is the ARx Security Platform, featuring Web Application Firewall, Bot Mitigation, and Geo Gating capabilities. Cycurion employs 80 technology veterans, many with high-level security clearances and experience in critical government roles.
The company plans to pursue an inorganic growth strategy, targeting at least one strategic acquisition this year while maintaining organic growth initiatives. Cycurion aims to expand its market presence in the $200 billion cybersecurity industry.
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