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Hub Cyber Security Israel Ltd - HUBC STOCK NEWS

Welcome to our dedicated page for Hub Cyber Security Israel news (Ticker: HUBC), a resource for investors and traders seeking the latest updates and insights on Hub Cyber Security Israel stock.

Hub Cyber Security Israel Ltd (NASDAQ: HUBC) delivers cutting-edge cybersecurity solutions and confidential computing technologies to protect sensitive data across global enterprises. This dedicated news hub provides investors and industry professionals with timely updates on strategic developments, financial milestones, and technological breakthroughs shaping the company’s trajectory.

Access authoritative information on HUBC’s product innovations, service expansions, and partnership announcements. The curated collection includes earnings reports, acquisition updates, and expert analyses of emerging cybersecurity trends relevant to the company’s operations. Regular updates ensure stakeholders stay informed about risk management initiatives and advancements in data fabric technologies.

Discover press releases detailing HUBC’s professional services enhancements and technology deployments across government and commercial sectors. Content is organized to help users efficiently track the company’s progress in confidential computing and system integration projects. Bookmark this page for centralized access to verified updates about HUBC’s global cybersecurity initiatives and quality assurance protocols.

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HUB Cyber Security announced they need more time to complete the audit of their annual financial statements and file their Annual Report for the fiscal year ended December 31, 2023. This delay is due to the recent acquisition of QPoint and efforts to finalize debt restructuring. HUB received a notice from Nasdaq indicating non-compliance with listing rules but this does not affect their current listing or trading. HUB has until July 19, 2024, to submit a compliance plan and may receive an extension until November 11, 2024, if Nasdaq approves. HUB remains optimistic about meeting these requirements.

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HUB Cyber Security (Nasdaq: HUBC) has been awarded a $2 million contract by the Israel Airports Authority for supervision services and engineering design consultancy. The contract highlights the company's successful integration of recent acquisitions and strategic growth approach.

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HUB Cyber Security strongly responds to Dominion's misleading lawsuit, reaffirming dedication to expansion and worldwide customer support. The company addresses legal proceedings initiated by Dominion in the US and Israel, considers them frivolous, and has filed a counterclaim alleging misconduct. HUB recently raised over $8 million in funds and acquired QPOINT, a company with $26 million in annual revenues, enhancing its market reach and innovative solutions. Despite legal challenges, HUB remains focused on innovation, customer satisfaction, and business growth.
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HUB Cyber Security secures an $8 million financing acquisition through a straight debt arrangement to strengthen financial foundation and support future growth. The CEO emphasizes commitment to growth, financial stability, transparency, and accountability.
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HUB Cyber Security (Nasdaq: HUBC) successfully acquires Qpoint Technologies, adding 100+ top customers and enhancing growth prospects. QPoint brings a diverse customer base, strategic partnerships, and expertise in data management and security solutions, strengthening HUB's market position and revenue stability.
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HUB Cyber Security Ltd (Nasdaq: HUBC) has announced a five-year agreement with Blackswan Technologies Ltd. to provide cyber protective data-fabric solutions for a top-tier European bank. This collaboration marks the company's expansion into the finance sector, with the potential to significantly impact its 2024 financial results. The agreement aims to strengthen the bank's data monitoring infrastructure with confidential computing security, positioning HUB as a key player in the global financial markets.
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HUB Cyber Security Ltd (Nasdaq: HUBC) has announced the renewal of trust from a subsidiary of a major credit service provider, resulting in a six-figure contract. The partnership aims to enhance compliance and security measures, protecting against cyber threats and ensuring information security and privacy. CEO Noah Hershcoviz expressed excitement about the continued collaboration, emphasizing the dedication to pioneering solutions and security.
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HUB Cyber Security Ltd (Nasdaq: HUBC) proudly announces the appointment of Nachman Geva as its Chief Technology Officer (CTO). Geva's expertise in high-tech data analytics is expected to position HUB Security at the forefront of the cybersecurity for the data fabric market. With over two decades of leadership in high-tech data analytics, Geva holds an MBA from the University of Massachusetts Amherst and a Bachelor of Arts in Computer Science from the Israel Institution of Technology. The CEO of HUB Security expressed excitement about Geva's appointment, highlighting the strategic milestone in the company's vision to lead the data fusion market.
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HUB Cyber Security Ltd (Nasdaq: HUBC) expects to achieve over $100 million in revenues and profitability within the next two years. Despite a temporary decline in H1 2023 revenues, the company anticipates strong growth driven by new contracts and up-sales of its Secured Data Fabric solutions to blue-chip clientele. The appointment of seasoned professionals to key management roles and the strategic focus on Confidential Computing technology are expected to drive the company's growth into 2025.
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HUB Cyber Security Ltd (Nasdaq: HUBC) strengthens partnership with a top global entertainment company, integrating cybersecurity services to fortify digital infrastructure and protect against emerging threats.
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Hub Cyber Security Israel Ltd

Nasdaq:HUBC

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HUBC Stock Data

20.93M
7.09M
0.43%
2.45%
3.16%
Software - Infrastructure
Technology
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Israel
Tel Aviv