Visium Technologies awarded $20M subcontract for data center design in Côte d'Ivoire and Benin

VISIUM TECHNOLOGIES, INC.

Awarded minimum $20M subcontract from Cybastion for data center design and construction in Côte d'Ivoire and Benin.
Scope includes architecture, power control, network topology, and Visium's TruContext cybersecurity platform.
Groundbreaking for Côte d'Ivoire national data center in Abidjan scheduled for December 4, 2023.
CEO expects 100% revenue recognition in 2024; additional contracts expected from Cybastion's $900M+ agreements.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VISIUM TECHNOLOGIES, INC. entered into Statement of Work with Cybastion Institute of Technology, LLC valued at $20 million (effective 2023-12-01).

Action: entry
Counterparty: Cybastion Institute of Technology, LLC
Value: $20 million
Effective: 2023-12-01

Exact text from the filing

On November 22, 2023, Visium Technologies, Inc. (“Visium” or the “Company”) and Cybastion Institute of Technology, LLC (“Cybastion”) executed a Statement of Work (the “SOW”)

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VISIUM TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001654954-23-014896

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