BATM receives $3m cyber security order

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has received a new cyber security order, with a value of $3m. The Group expects to complete delivery, which commences immediately, of most of the order within six months.

The order is for the provision of the Group's advanced hardware and software-based cyber solution to its long-standing government defence department customer. This latest significant cyber order follows the award of $3.4m in September and a $26m order earlier in the year.

Moti Nagar, Chief Executive Officer of BATM, said: "We are pleased to be awarded another significant order for our cyber security solution, which brings the total amount of cyber orders received this year to over $32m. As we ramp up delivery under our existing orders and continue to receive new orders for our best-in-class cyber solution, we remain very confident in the prospects for this business and we look forward to reporting further progress."