BATM Advanced Communications (LSE:BVC) has secured an additional $4.0 million order from a long-standing customer for its quantum-era-ready cybersecurity platform, with delivery scheduled during 2027.
The London-listed group, which develops network infrastructure and cybersecurity technology, said the order marks the latest expansion under its existing agreement with the customer for the hardware-based encryption platform.
The order follows an initial $1.6 million order placed in August, when the same type of platform converted from a proof-of-concept delivered earlier in the year into a commercial supply agreement with a long-standing customer.
As part of the ongoing collaboration, first disclosed on 12 May 2025, BATM is also developing a next-generation, ultra-high-speed version of the platform alongside the customer.
"This further validates the strength of our solution, the value it brings to them and that they see it as part of their technology roadmap", said chief executive Moti Nagar, adding that the company is also working with the customer on a tactical cybersecurity platform.
Nagar said growing awareness of quantum threats is driving "growing interest" in the company's post-quantum cybersecurity solutions from operators and other organisations.
The order adds to a run of commercial wins in BATM's core networking and cybersecurity business this year, which has also included two Carrier Ethernet orders worth a combined $1.5 million and a three-year, $1.3 million managed services agreement with a US broadband operator, as the group repositions around secure networking and cybersecurity following the disposal of non-core healthcare and distribution businesses.
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