Cognyte Wins ~$5M Contract with Tier-1 US Law Enforcement Agency to Power Mission-Critical Investigations

Key Terms

sigint technical

Signals intelligence (SIGINT) is the collection and analysis of electronic communications and transmissions—like phone calls, radio, or satellite data—to learn about intentions, capabilities, or activities. For investors, SIGINT drives demand for companies that make sensors, secure networks, data analysis tools and encryption, and it influences government spending, national security policies, export controls and cyber-risk assessments that can materially affect valuations and contracts. Think of it as electronic eavesdropping that shapes where governments and corporations direct money and attention.

form 3 regulatory

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

restricted share units financial

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

rsus financial

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

psus financial

PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.

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One of the largest law enforcement agencies in the US selects Cognyte to support field operations, displacing incumbent provider

HERZLIYA, Israel--(BUSINESS WIRE)-- Cognyte Software Ltd. (NASDAQ: CGNT (“Cognyte”), a global leader in investigative analytics software, today announced that one of the largest state law enforcement agencies in the United States has selected Cognyte in a contract valued at approximately $5 million. The agency will deploy Cognyte’s tactical SIGINT solution to support mission-critical investigations and real-time field operations across its state. The win represents a new customer for Cognyte in the U.S., displacing an incumbent provider and laying the foundation for future expansion across Cognyte’s investigative analytics platform.

In addition to supporting its own special operations teams, the agency aids smaller law enforcement organizations across the state. Special agents will use the solution in the field to support time-sensitive missions such as fugitive apprehension, cases of missing children, criminal investigations and search and rescue operations.

Operating across a large geographic territory and diverse operational environments, the agency also confronts challenges such as cross-border smuggling and other complex criminal activity. By delivering real-time, actionable intelligence directly to agents in the field, the deployment will enhance coordination across jurisdictions and improve the agency’s ability to support joint operations and respond effectively when local agencies require additional resources.

“The U.S. law enforcement market is committing resources to advance its investigative and tactical capabilities to enable time-sensitive field operations at scale,” said Erik Sachwitz, General Manager of North American at Cognyte. “This selection by one of the largest state law enforcement agencies in the country demonstrates the clear operational value Cognyte’s technology delivers in mission-critical environments.”

“Winning against an established incumbent highlights the strength of our innovation in investigative analytics and our ability to deliver faster, more precise intelligence in the field,” said Elad Sharon, chief executive officer at Cognyte. “This win is a strong validation of our growth strategy in North America, establishing a new Tier-1 customer and creating a pathway for potential expansions as the agency scales its intelligence capabilities.”

About Cognyte
Cognyte is a leading software-driven technology company, focused on solutions for data processing and investigative analytics that allow customers to generate Actionable Intelligence for a Safer World™. Cognyte’s solutions empower law enforcement, national security, national and military intelligence agencies, and other organizations to navigate an increasingly complex threat landscape. With offerings that leverage state-of-the-art technology, including Artificial Intelligence (AI), big data analytics and advanced machine learning, Cognyte helps customers make smarter, faster decisions with their data for successful outcomes. Hundreds of customers rely on Cognyte’s investigative analytics solutions to uncover critical insights from past events and anticipate emerging threats. By harnessing AI-driven intelligence, Cognyte accelerates investigations with exceptional speed and accuracy while enabling customers to better investigate, anticipate, predict and mitigate risks with greater precision. Learn more at www.cognyte.com.

Cautionary Statement Regarding Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” “views,” and similar expressions.

Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to the projected growth of Cognyte’s business, and Cognyte’s ability to achieve its financial and business plans, goals and objectives and drive shareholder value, including with respect to its ability to successfully implement its strategy, and other risk factors discussed from time to time in Cognyte’s filings with the SEC, including those factors discussed under the caption “Risk Factors” in its most recent annual report on Form 20-F, filed with the Securities and Exchange Commission (“SEC”) on April 2, 2025, and in subsequent reports filed with or furnished to the SEC. Cognyte assumes no obligation and does not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today’s date.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260325019134/en/

Media Relations Contact:
Michelle Allard McMahon
Rainier Communications on behalf of Cognyte Software
prcognyte@rainierco.com

Source: Cognyte Software Ltd.