Key Highlights
- Invoiced US$742K YTD in 2021 up 400% over same period 2020. Invoicing US$300K in the second quarter of 2021.
- Collected US$400K relating to sales receipt from customers.
- US$277K in receivables will be collected in July 2021.
- WhiteHawk finishes the 2nd quarter of 2021 with a cash position of US$2M and no debt.
- Executing 2nd YR of contract as development lead for U.S. Department of Homeland Security (DHS) CISA QSMO Cybersecurity Marketplace, as a sub-contractor to Guidehouse (formerly PWC Federal), for US$1.5 to $1.8M Fiscal Year 2021. YR 3 currently being scoped.
- Option Year 1 of 4 option years (beyond current year) has been contracted and will kick off in August 2021. Completed first year as Prime Contractor on U.S. Federal Government CISO Cyber Risk Radar for up to US$1.18M annually.
- Cyber Risk Program contract renewed for 2nd YR, Phase 1 for US$100K via a Global Consulting Firm in direct support of a Global Manufacturer. Phase 2 scoped for a Cyber Risk Radar across an initial 1,000 suppliers in 2021 for US$1.1M.
- WhiteHawk is now fully onboarded as a member of the Amazon Web Services (AWS) Partner Network (APN) commercial marketplace and can sell our automated Cyber Risk Scorecards for individual companies or across a portfolio of vendors and suppliers, allowing WhiteHawk marketing and sales to both industry and government clients direct and at scale, without an additional contract vehicle. AWS is a subsidiary of Amazon.
- Finalizing integration of WhiteHawk’s Cyber Risk Vulnerability Assessments into a Global Credit Risk Manager’s automated reporting services, in support of both Government Organizations and Defense Industrial Base Contractors and Suppliers.
- Global Social Media Company enquiry for a Cyber Risk Radar 60-day Proof of Concept (POC), potentially starting in August 2021.
- One of WhiteHawk’s Global Consulting Partners has been contracted for direct support of a Global 2022 Major Sports event. Security Contract services will be scoped during site visit in 3rd QTR 2021.
- Responded to NAVINTEL, Dept of Navy, Open-Source Cybersecurity Small Business Sources Sought June 7, 2021 and Dept of Treasury Small Business Cyber Security Assessment RFI May 6, 2021.
- One Cyber Risk Platform as a Service Request for Quote was lost, another was delayed and two Cyber Risk Radar contracts remain active opportunities.
- Executing in earnest 2021 PR and Marketing Strategy in the U.S. and AU, to include two major international events.
View the full announcement here.
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