$0.795
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Noticias de INTZ
Eventos de INTZ
Intrusion Reports Q4 Revenue of $1.48M
Reports Q4 revenue $1.48M vs. $1.68M last year. "While we made meaningful progress in 2025 to improve our business, our fourth quarter results were impacted by the delay of an expected contract extension for our critical infrastructure technology due to timing variability in federal funding and procurement processes," said Tony Scott, CEO of Intrusion. "While we are disappointed by this delay, we do anticipate that we will recover this revenue during the first half of 2026 as funding visibility improves and procurement activity normalizes. We continue to remain confident in our work with the U.S. Department of War, as we support the broader national mission to secure critical physical and digital infrastructure from evolving hostile cyber threats."
Intrusion Appoints Valencia Reaves as Public Sector VP of Sales
Valencia Reaves has joined Intrusion as the Public Sector Vice President of Sales. Reaves brings more than 35 years of experience in federal telecommunications, IT services, and business development. Most recently, Reaves served as Civilian Vice President at British Telecom Federal. In her new role, Reaves will lead sales and strategic growth initiatives across federal, state and local government markets driving mission-aligned solutions that support domestic and global priorities. Patrick Duggan has joined Intrusion as the Director of Channel Sales & Partnerships. Most recently, he served as Enterprise Sales Director at Edgescan. In his new role, he will focus on growing Intrusion's U.S. channel and partner network, driving partner-led growth across government and commercial sectors, and supporting key go-to-market efforts, including the company's AWS motion.
Intrusion Launches Intrusion Shield Cloud on AWS Marketplace
Intrusion announced the availability of Intrusion Shield Cloud in AWS Marketplace. This is a significant milestone in the Company's mission to deliver autonomous network enforcement across modern infrastructure. Deployed as a virtual firewall gateway, Shield Cloud enables organizations to automatically block outbound communications of known malicious IPs and domains, mitigating threats before they cause any harm to a customer's network. The offering extends Intrusion's network enforcement capabilities to workloads operating in the cloud.
Intrusion awarded $3M in additional funding for DoD contract support
Intrusion awarded approximately $3M in additional funding under an existing contract with the U.S. Department of Defense. This expansion reflects the government's continued confidence in Intrusion's mission-critical role in defending national security interests through advanced cyber capabilities. The additional funding will support ongoing research, OT Defender, Shield, and analytical services, as well as accelerate the deployment of new monitoring technologies focused on safeguarding critical infrastructure, thereby expanding the operational scope of the program.
Intrusion prices 653,000 shares at $3.05 in registered direct offering
Intrusion entered into a definitive agreement with a single institutional investor for the purchase and sale of 653,000 shares of common stock at a purchase price of $3.05 per share and 1,806,016 prefunded warrants to purchase up to 1,806,016 shares of common stock at a purchase price of $3.0499 per prefunded warrant in a privately negotiated registered direct offering. The prefunded warrants are immediately exercisable at an exercise price of $0.0001 per share of common stock. Aggregate gross proceeds to the Company are expected to be approximately $7.5 million. The transaction is expected to close on or about January 7, 2025. The Company intends to use the net proceeds for general corporate purposes, which may include, but is not limited to, the repayment of existing indebtedness, working capital, capital expenditures, acquisitions and other investments. Anthony, Linder & Cacomanolis, PLLC is acting as U.S securities counsel to the Company.
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