Summary by Moomoo AI
HUB Cyber Security Ltd., a developer of confidential computing cybersecurity solutions, has been awarded a significant contract by the Israeli Airports Authority. Announced on May 2, 2024, the contract, valued at approximately $2 million, is for a three-year term during which HUB will provide supervision services and engineering design consultancy across all Airports Authority sites in Israel. This contract positions HUB to oversee vital security and operational components at critical aviation sites nationwide. The company's CEO, Noah Hershcoviz, expressed that the contract reflects confidence in HUB's operational excellence and commitment to cybersecurity and big data management. The contract also highlights HUB's successful integration of recent acquisitions, which has enhanced its service capabilities and market reach. HUB Cyber Security, established in 2017 by veterans of the Israeli Defense Forces' elite intelligence units, operates in over 30 countries, offering cybersecurity solutions and services globally.