Firefly Fiber Broadband Selects Corero Network Security for Scalable DDoS Protection Across Expanding Infrastructure

Corero Network Security (OTCQX: DDOSF) has secured a new customer win with Firefly Fiber Broadband, a subsidiary of Central Virginia Electric Cooperative.

Rhea-AI Summary

Corero Network Security (OTCQX: DDOSF) has secured a new customer win with Firefly Fiber Broadband, a subsidiary of Central Virginia Electric Cooperative. The partnership involves deploying Corero's SmartWall ONE™ solution to provide scalable DDoS protection across Firefly's expanding infrastructure.

The multi-year agreement will support Firefly's growing network serving residential, small business, enterprise, and institutional customers. The solution is designed to ensure high availability and reliability while providing scalability for future growth. This engagement will contribute to Corero's expanding base of annualized recurring revenue (ARR).

Positive

• New multi-year recurring revenue contract secured with Firefly Fiber Broadband
• Expansion of annualized recurring revenue (ARR) base
• Strategic positioning in the growing broadband provider security market

Negative

• None.

Argus Aug 7 session

+18.14% close to close Open Argus

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News Market Reaction – DDOSF

On Aug 7, the day this news came out, DDOSF closed 18.14% above the previous close.

Data tracked by StockTitan Argus for the Aug 7 session.

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Deployment enhances service availability and positions Firefly for secure growth across residential and enterprise markets

LONDON, Aug. 7, 2025 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQX: DDOSF), a recognized leader in DDoS protection and champion of adaptive, real-time service availability, today announced a new customer win with Firefly Fiber Broadband, a rapidly expanding provider of high-performance connectivity.

Firefly Fiber Broadband, a subsidiary of Central Virginia Electric Cooperative, has earned national recognition for communications excellence and customer satisfaction, while continuing to expand its award-winning fiber network into new markets. As the company extends its footprint to serve a growing base of residential, small business, enterprise, and institutional customers, it has selected Corero to deliver scalable and flexible DDoS protection across its infrastructure through a deployment of SmartWall ONE™, Corero's flagship solution.

Corero worked closely with Firefly to tailor a solution that aligns with the provider's operational model and long-term vision. The flexible architecture integrates seamlessly into Firefly's environment and supports uninterrupted service delivery to tens of thousands of customers, ensuring the high availability and reliability expected across their diverse customer base while providing room to scale with future growth.

"We help providers like Firefly stay always-on as they grow," said Carl Herberger, CEO at Corero Network Security. "This deployment proves our ability to deliver adaptable protection that scales with their mission and keeps their customers connected without interruption."

The multi-year, recurring engagement contributes to Corero's expanding base of annualized recurring revenue (ARR) and reinforces the company's role as a strategic enabler for broadband providers focused on security, service continuity, and scale.

About Corero Network Security

Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQX Market (OTCQX: DDOSF).

View original content to download multimedia:https://www.prnewswire.com/news-releases/firefly-fiber-broadband-selects-corero-network-security-for-scalable-ddos-protection-across-expanding-infrastructure-302523429.html

SOURCE Corero Network Security

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new partnership between Corero Network Security (DDOSF) and Firefly Fiber Broadband?

Corero will provide DDoS protection through its SmartWall ONE™ solution for Firefly's expanding fiber network infrastructure under a multi-year agreement.

How will the Firefly contract affect Corero Network Security's revenue?

The multi-year, recurring engagement will contribute to Corero's expanding base of annualized recurring revenue (ARR).

What services will Corero Network Security (DDOSF) provide to Firefly Fiber Broadband?

Corero will deliver scalable and flexible DDoS protection across Firefly's infrastructure, ensuring high availability and reliability for their diverse customer base.

Who are the customers that will benefit from Corero's DDoS protection at Firefly?

The protection will benefit Firefly's residential, small business, enterprise, and institutional customers, ensuring uninterrupted service delivery.

What is the significance of the Firefly deal for Corero Network Security (DDOSF)?

The deal reinforces Corero's position as a strategic enabler for broadband providers focused on security, service continuity, and scale, while adding to their recurring revenue base.