Cognyte secures $10+ million order from APAC military intelligence customer
Get Alerts CGNT Hot Sheet
Join SI Premium – FREE
Cognyte Software Ltd. (NASDAQ: CGNT) announced it received a follow-on order valued at over $10 million from a military intelligence customer in the Asia-Pacific region. The order represents an expansion of an existing relationship with a longstanding customer.
The customer, which Cognyte did not identify, will deploy the company's investigative analytics solutions across multiple units to strengthen field operations over a wide geographical area. The technology is intended to support cross-border intelligence missions and border monitoring activities.
According to the company's press release, the customer has used Cognyte's technology to increase intelligence capabilities across border areas. The solutions are designed to monitor areas of interest and support national security objectives.
"This follow-on order reflects the strong results our customer continues to see from our investigative analytics solutions," said Efi Nuri, Chief Revenue Officer at Cognyte. "With advanced capabilities designed for dynamic, cross-border intelligence operations, we remain committed to supporting the customer's evolving mission objectives."
Cognyte develops software-driven technology for investigative analytics used by law enforcement, national security, and military intelligence agencies. The company's solutions incorporate artificial intelligence, big data analytics, and machine learning technologies.
The order expands Cognyte's presence within APAC military agencies. The company is based in Herzliya, Israel.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dolby names Marc Whitten CEO as Kevin Yeaman retires
- RYET signs MOU with Intersect and Nanchang institute for Saudi-China platform
- Philips and Imricor launch MRI-guided cardiac intervention lab
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share