Quarterly Activities Report and Appendix 4C
| Stock | Whitehawk Ltd (WHK.ASX) |
|---|---|
| Release Time | 31 Jan 2025, 8:18 a.m. |
| Price Sensitive | Yes |
Quarterly Activities Report and Appendix 4C
- Invoiced year to date is US$2.5M; invoicing US$696K in the fourth quarter
- Global Social Media Company contract renewed for 2 years for $2.4M
- Responded to State of Ohio $500K RFP for Cybersecurity Services
WhiteHawk Ltd (ASX:WHK), the first global online cyber security exchange, provided an update on its progress for the fourth quarter of 2024. The company invoiced US$2.5M year-to-date, with US$696K invoiced in the fourth quarter. It had US$2.5M in receivables as of 31 December 2024. Key highlights include the renewal of a 2-year, $2.4M contract with a Global Social Media Company, the renewal of a Cyber Risk Program contract with Cailabs, and the establishment of a partnership with Global Security Firm Zura Group. WhiteHawk also responded to a $500K RFP from the State of Ohio for Cybersecurity Services and received an RFP from the City of Atlanta for Cyber-Supply Chain Risk Management. The company completed a paid pilot with the University of South Florida for its Cyber Risk Analyst Platform-as-a-Service and delivered the first phase of an AI-enabled Entity Illumination project for the Norwich University Applied Research Institute. WhiteHawk continued to provide services under its Cyber Risk Radar contract with a U.S. Federal Government Department, and outlined several new business opportunities in the U.S. federal, state, and local government sectors.
WhiteHawk reported invoiced revenue of US$2.5M year-to-date, with US$696K invoiced in the fourth quarter of 2024. The company also reported US$2.5M in receivables as of 31 December 2024.
WhiteHawk outlined several new business opportunities in the U.S. federal, state, and local government sectors, including responding to RFPs from the State of Ohio, the U.S. Defense Advanced Research Projects Agency (DARPA), and the Office of the Secretary of Defense CDAO Tradewinds Program. The company is also discussing and scoping a K-12 Cyber Security Monitoring, Services and Research Pilot in partnership with the University of Southern California, San Diego.