FatPipe Expands Public Sector and Education Procurement Access Through Multiple Government Contract Vehicles - OMNIA, Equalis, NASA SEWP and Multiple State Contracts

FatPipe (NASDAQ:FATN) announced expanded availability of its secure SD-WAN and cybersecurity solutions across multiple public sector and education procurement contract vehicles on April 29, 2026.

Rhea-AI Summary

FatPipe (NASDAQ:FATN) announced expanded availability of its secure SD-WAN and cybersecurity solutions across multiple public sector and education procurement contract vehicles on April 29, 2026.

Key access channels include state-level education contracts, the NASA SEWP federal contract, the Equalis Group cooperative in partnership with TD SYNNEX, and various state contracts, intended to simplify purchasing and accelerate deployment timelines for K-12, higher education, and government customers.

Positive

• Available via NASA SEWP federal procurement vehicle
• Accessible through Equalis Group cooperative with TD SYNNEX
• Offered on multiple state-level education contracts
• Expands access for K-12 and higher education buyers
• Aims to reduce procurement timelines and simplify purchasing

Negative

• None.

Argus Apr 29 session

+18.66% close to close Open Argus

Details

News Market Reaction – FATN

On Apr 29, the day this news came out, FATN closed 18.66% above the previous close.

Data tracked by StockTitan Argus for the Apr 29 session.

Market Context

On Apr 29, the day this news came out, the stock closed 18.7% above the previous close. A strong pos...

Analysis

On Apr 29, the day this news came out, the stock closed 18.7% above the previous close. A strong positive reaction aligns with FATN’s recent pattern, where distribution and channel-expansion news often preceded gains of 5–24%. The stock traded at $2.09, well below its $12.382 52-week high and under its $3.80 200-day MA, so investors previously saw a depressed base. While expanded public sector contract access can be meaningful, past moves sometimes cooled after event-driven spikes, making follow-through dependent on execution.

Key Figures

Quarterly revenue: $4.1M Quarterly net income: $310,662 Cash balance: $6.2M +5 more

Quarterly revenue

$4.1M

Three months ended Dec 31, 2025; up 30% year over year

Quarterly net income

$310,662

Three months ended Dec 31, 2025; up from $67,956

Cash balance

$6.2M

As of Dec 31, 2025; increased from $2.9M

Long-term debt

$4.6M

Includes Fortis Bank term loan at 8.75% interest rate

Q2 FY2026 revenue

$3,959,231

Q2 FY2026; down year over year on prior large contracts

Q2 FY2026 gross margin

92%

Q2 FY2026 gross margin on $3,646,327 gross profit

Q2 FY2026 net loss

$43,387

Small net loss reported in Q2 FY2026

Short interest

1.22%

Short_percent of float; days to cover 1

Historical Context

5 past events · Latest: Apr 28

5 events

1. Apr 28

   Product/program launch

   24h Move

   +5.0%

   Launch of VeloCloud Replacement Program with discounts and partner rebates.

2. Apr 27

   Conference participation

   24h Move

   -0.5%

   Announcement of presentation at D. Boral Capital 2026 Global Conference.

3. Apr 16

   Earnings call scheduling

   24h Move

   -4.5%

   Scheduling of investor call to discuss FY2026 results on May 18, 2026.

4. Mar 31

   Channel partnership

   24h Move

   +24.5%

   Global distribution partnership with TD SYNNEX for SD-WAN and security.

5. Mar 23

   Research coverage

   24h Move

   +13.4%

   D. Boral Capital initiated coverage with Buy rating and $8.00 target.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

sd-wan

1 terms

sd-wan technical

"secure software-defined wide area networking (SD-WAN) and cybersecurity solutions"

SD‑WAN is a technology that uses software to control and direct wide-area network traffic between offices, data centers and cloud services instead of relying solely on traditional hardware routers. Think of it as a smart traffic manager that chooses the fastest, cheapest or safest route for each data flow, improving performance, cutting telecom costs and simplifying upgrades. Investors care because it can lower operating expenses, enable faster cloud adoption and create steady demand for networking and security services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SALT LAKE CITY, UT / ACCESS Newswire / April 29, 2026 / FatPipe, Inc., a multiple patent holder and pioneer in secure software-defined wide area networking (SD-WAN) and cybersecurity solutions, today announced expanded availability of its solutions across multiple government and education procurement contract vehicles, simplifying purchasing for public sector organizations nationwide.

• FatPipe's solutions are currently available through several state-level education contracts through partners or directly. These contracts enable K-12 and higher education institutions to procure FatPipe's technology through pre-approved purchasing agreements, significantly reducing procurement hurdles and timelines.

• FatPipe is accessible through the NASA Solutions for Enterprise-Wide Procurement (SEWP) contract, a widely used federal government acquisition vehicle that provides streamlined access to advanced technology solutions for federal agencies and authorized users.

• FatPipe is also available through the Equalis Group cooperative purchasing program in partnership with TD SYNNEX, further expanding access for public sector and education customers seeking flexible and efficient procurement options.

"We are making it easier for government and education customers to access our secure SD-WAN and cybersecurity solutions while accelerating deployment timelines by expanding our presence across leading contract vehicles," said Dr. Ragula Bhaskar, CEO of FatPipe.

FatPipe's single-stack platform integrates SD-WAN, network security, and centralized management, enabling public sector organizations to improve network reliability, enhance cybersecurity posture, and support mission-critical operations.

Forward-Looking Statements

Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

About FatPipe, Inc.

FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for cooperation from ISPs and allow enterprises and service providers to control multi-link network traffic. FatPipe offers a single-stack networking and cybersecurity platform backed by 13 U.S. patents related to multipath and software-defined networking. FatPipe products are sold through more than 200 resellers worldwide.

For more information, please visit www.fatpipeinc.com.

Follow us on X @FatPipe_Inc.

Company Contact
+1 801.683-5656 x 1140
Investor.ir@fatpipeinc.com

SOURCE: FatPipe Inc

View the original press release on ACCESS Newswire

FAQ

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

What procurement vehicles did FatPipe (FATN) add on April 29, 2026?

FatPipe added multiple public sector contracts including NASA SEWP and Equalis Group partnerships. According to the company, these additions also include state-level education contracts and other state procurement vehicles to broaden access for government and education buyers.

How does NASA SEWP access affect FatPipe (FATN) availability for federal agencies?

NASA SEWP makes FatPipe solutions directly purchasable by federal agencies and authorized users. According to the company, being on SEWP streamlines acquisition and provides a pre-approved path for federal buyers seeking SD-WAN and cybersecurity solutions.

What does FatPipe's presence on state education contracts mean for K-12 and colleges?

State education contracts allow K-12 and higher education institutions to buy FatPipe through pre-approved agreements. According to the company, this reduces procurement hurdles and shortens timelines for deploying secure SD-WAN and network security solutions.

How does the Equalis Group partnership with TD SYNNEX expand FatPipe (FATN) distribution?

The Equalis cooperative with TD SYNNEX broadens access to public sector purchasers and reseller channels. According to the company, the partnership offers flexible procurement options for government and education customers seeking FatPipe's integrated platform.

Will these contract additions speed deployment of FatPipe (FATN) solutions?

The company says the contract expansions are intended to accelerate deployment timelines for public sector customers. According to the company, pre-approved purchasing routes and cooperative agreements aim to simplify procurement and reduce time-to-deployment.