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CY4GATE S.p.A. — Earnings Release 2024
Oct 4, 2024
6295_rns_2024-10-04_fc7f9170-5198-48d7-92c7-40509d79de05.pdf
Earnings Release
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Press release

CY4GATE GROUP: A CONTRACT WORTH OVER € 1 MILLION SIGNED WITH ELT GROUP IN THE FIELD OF CYBER SECURITY FOR THE DEFENSE SECTOR - NAVAL DOMAIN
THE CONTRACT WILL HAVE A DURATION OF FIVE YEARS
Roma, October 04, 2024 - CY4GATE (CY4.MI), national and European player in cyber security and cyber intelligence, has signed a contract for a total value of more than € 1 million for an important contract for the Defense sector in the naval domain through ELT Group, a leading company in Europe in Electronic Defense for over 70 years old, major shareholder of the Cy4Gate Group.
The contract, lasting five years, has the aim of strengthening the defense capabilities of four frigates of a foreign Navy against potential cyber attacks, through the supply of particularly high-performance technologies supported by in-depth expertise in the specific sector. These are naval platforms in the process of being upgraded, which for the first time integrate a cyber defense operational requirement. This change is the result of the evolution of threats, which has led the conflict to also extend to the cyber domain.
The project will make use of proprietary technologies already developed and Artificial Intelligence, for which Cy4Gate internally creates specific algorithms for cyber defense.
Cy4Gate has the opportunity to implement a cutting-edge project, which aims to protect high-value platforms intended for the defense and security of a nation from the most recent, advanced and subtle cyber threats, with significant benefits in terms of technological advancement and skills, from which products intended for the civilian cyber security market will also benefit.
Emanuele Galtieri, CEO and General Manager of Cy4Gate Group declared: "Current scenarios highlight how the outcome of conflicts is also determined by the ability of the contenders to manage the cyber domain, in terms of protecting assets from attacks that degrade the performance of military platforms. It is a source of satisfaction for Cy4Gate to be part of a ambitious upgrade project that will strengthen the resilience capabilities of the customer's naval platforms, allowing crews to ensure mission continuity at least in relation to this specific domain.The program also confirms the solidity of the synergies with ELT Group, our main industrial partner and reference shareholder, which since the establishment of Cy4Gate has intended to create a strong link between our company and the world of Defense which often anticipates technological needs and trends which can subsequently be capitalized and reused in other sectors of the civilized world".
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This press release is available on the **** storage mechanism () and on the Company's website www.cy4gate.com
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About CY4Gate S.p.A.
The Company was founded in 2014 to meet an unconventional demand for cyber security. Listed on Euronext Growth Milan in June 2020, CY4Gate S.p.A. has also been listed on the Euronext Milan Star segment since June 2023. CY4Gate S.p.A. was conceived to design, develop and manufacture technologies

Press release
and products, systems and services that meet the most stringent and modern "Cyber Intelligence & Cyber Security" requirements expressed by Law Enforcement Agencies, Armed Forces, Institutions and Companies, both at home and abroad. Representing a unique Italian industrial project, CY4Gate S.p.A. operates in all facets of the cyber market, with proprietary products that meet both information collection and analysis and security needs: QUIPO and AMICO in the world of Cyber Intelligence along with RTA, Diateam, CTI and Pronto Cyber in the world of Cyber Security.
For more information:
Equita SIM S.p.A. Marco Latini CFO e Investor Relations Manager [email protected] Marco Clerici +39 335 775 0702 [email protected]
Specialist Investor Relation CY4Gate S.p.A.
Investor Relation
| CDR Communication | ||
|---|---|---|
| Silvia Di Rosa: | +39 335 786 4209 | [email protected] |
| Luca Gentili: | +39 348 292 0498 | [email protected] |
| Media Relation | ||
| Angelo Brunello: | +39 329 211 7752 | [email protected] |
| Marianna Tremolada: +39 348 242 3039 | [email protected] |
CY4GATE S.p.A. – Part of ELT Registered Office Via Coponia 8 – 00131 Rome Share Capital 1,441,499.94 euro Rome Business Register, Tax Code, VAT no. 13129151000 REA RM-1426295 www.cy4gate.com – www.elettronicagroup.com