An announcement from CY4Gate SpA ( (IT:CY4) ) is now available.
CY4Gate has been awarded a significant role in a European research project named ‘CITADEL’, funded by the European Defence Fund, focusing on cyber security in the defense sector. The project, valued at €48 million for the consortium, aims to develop advanced cyber training capabilities across Europe. CY4Gate’s participation, valued at €1.1 million, will enhance its international presence and contribute to the development of innovative cyber security solutions, reinforcing its position as a key player in the defense market.
More about CY4Gate SpA
CY4Gate S.p.A., founded in 2014, is a prominent player in the cyber security and cyber intelligence industry. The company is listed on Euronext Growth Milan and operates in both national and international markets. CY4Gate designs and develops advanced technologies and products to meet the cyber security needs of law enforcement, armed forces, institutions, and companies. It offers a range of proprietary products for cyber intelligence and security, including Quipo, Amico, RTA, Diateam, CTI, and Pronto Cyber.
YTD Price Performance: -23.35%
Average Trading Volume: 25
Technical Sentiment Signal: Buy
Current Market Cap: €90.75M
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