Privoro awarded consolidated defense and civilian agency agreement valued at $37M over four years
WASHINGTON, Nov. 10, 2020 /PRNewswire/ -- Privoro, a leading provider of zero trust mobile hardware security solutions that are designed and built in the United States, has had its U.S. Air Force agreement expanded to $37.1 million via an AFVentures Strategic Fund Increase (STRATFI). The agreement, which was announced by the U.S. Air Force Office of Special Investigations on November 6, consolidates and expands upon more than a year of prototyping and pilot work with the U.S. Air Force, the Defense Information Systems Agency (DISA), and the U.S. Department of Energy. This unprecedented cross-agency effort will showcase government partnerships and support the establishment of a trusted platform for secure mobility that brings the advantages of commercial mobile technology to bear for government agencies.
Privoro's ExoComputer-based SafeCase platform will help bridge the gap between agencies' requirements to empower their workforce through mobile technologies and their imperative to defend against mobile security vulnerabilities and threats. Federal agencies recognize that software-focused mobile security solutions address a specific layer but can leave the rest of the mobile device ecosystem exposed (whether at the level of compromised applications, operating systems, firmware, or chips). Accordingly, they are partnering with Privoro to enhance its root-of-trust, hardware-focused mobile security platform.
Capabilities that will be brought to scale for federal agency users under this STRATFI agreement include:
The STRATFI agreement represents increased investment and continuation of Privoro's existing Air Force Small Business Innovation Research (SBIR) prototyping agreement for mobile device management integration and Blue Force Tracking/trusted location tracking capabilities, awarded in April 2019. The $37.1 million agreement represents a $33.6 million increase, funded by a dollar-for-dollar partnership between private investors and the government to make Privoro security solutions available across the defense and federal civilian sectors.
In a recent interview, Air Force Chief Technology Officer Frank Konieczny noted that Privoro's platform solution is one of the most promising new technologies to achieve secure mobility.
According to Dr. Will Roper, Assistant Secretary of the Air Force for Acquisition, Technology, and Logistics, AFVentures invests in game-changing startups as the commercial investment arm of the Air Force. AFVentures utilizes the STRATFI contracting mechanism to support its "big bet" companies in becoming programs of record with the Department of Defense and has allocated $550M in awards to 21 companies this year.
The Office of Special Investigations Chief Technology Officer, Robert Bivins, noted OSI's excitement towards continued involvement with Privoro after testing Privoro for over a month at their training academy last year.
"The Privoro SafeCase provides federal agencies with the best of both worlds – a secure infrastructure and a productive work environment. COVID-19 has only accentuated these requirements, as government workers are either working onsite and want to have their mobile devices on-hand or are working from home and need to create secure spaces where they are," said Mike Fong, founder and CEO of Privoro. "With built-in protections that work even if the smartphone has been compromised, the SafeCase platform provides a trusted system upon which secure services can be added."
Privoro, a technology company that designs and builds zero-trust mobile hardware systems in secure facilities located in the United States, works with government, customer, and partner organizations to provide high-security mobile solutions and enhance protection 24x7 for mobile users. For more details on Privoro and the SafeCase, visit: www.privoro.com
Sydney Alcaraz, on behalf of Privoro, email@example.com