Smarttech247 secures contracts worth €1.53 million across sectors

Published 29/07/2025, 07:24
Smarttech247 secures contracts worth €1.53 million across sectors

LONDON - Cybersecurity services provider Smarttech247 Group PLC (AIM:S247) has secured new contracts and renewals valued at approximately €1.53 million, the company announced Tuesday.

The multi-award-winning provider of AI-enhanced cybersecurity services has obtained agreements spanning periods of six months to three years across various sectors including healthcare, aviation, automotive, and banking.

Among the new contracts is a three-year managed detection and response (MDR) agreement with a major Irish hospital group valued at €210,000. The company has also secured a six-month 24/7 VisionX MDR contract with a global aviation services business worth approximately €180,000, which may be renewed for up to three additional years after its expiration in January 2026.

Smarttech247 also renewed a yearly contract with an existing automotive client worth €1 million for threat detection capabilities that leverage Armis as a key third-party product.

Additional agreements include two new three-year email security contracts for the company’s NoPhish solution with a major Irish hospital and an Irish bank subsidiary, worth a combined €53,000, as well as a contract extension with an Irish hospital valued at €92,000 over three years for network security products.

"These contracts demonstrate our commitment to delivering scalable, high-impact cybersecurity services across a variety of critical sectors, while supporting our growth strategy through increasing our annual recurring revenue," said Raluca Saceanu, CEO of Smarttech247, in the press release.

The company stated that these recent contract activities highlight the capabilities of its flagship VisionX MDR platform in delivering real-time threat detection and response, as well as its NoPhish solution for protection against malicious email threats.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.