Plurilock Security Inc. provides cybersecurity services and solutions for government, defense, critical infrastructure and enterprise customers. The company describes itself as services-led, product-enabled and AI-native, with a Critical Services division focused on operational resilience, security operations expertise, proprietary intellectual property and AI-driven playbooks.
Recurring company developments include cybersecurity contract awards and renewals, defense and government procurement activity, security operations center support, data loss prevention work, and readiness programs tied to defense-supplier cybersecurity frameworks such as CPCSC and CMMC. Plurilock also reports financial results, corporate updates, advisory council additions, industry event participation, and capital-structure actions such as convertible debenture interest payments in common shares.
Plurilock Security (PLCKF) will settle $75,000 in debenture interest payable as of September 30, 2026, through common shares.
The company will issue 356,633 common shares at a deemed price of $0.2103, based on the ten-trading-day volume-weighted average price preceding issuance. The interest relates to $3,000,000 of 10% unsecured convertible debentures issued October 30, 2025.
Quantum eMotion (QNC) agreed to acquire Plurilock (PLCKF) for approximately C$33.8 million in cash and shares. Plurilock shareholders would receive C$0.084 and 0.0763 of a Quantum eMotion share for each share held. The implied value of C$0.28 per Plurilock share represents an approximately 100% premium to its 20-trading-day volume-weighted average price through September 25, 2026.
The proposed court-approved arrangement would add Plurilock’s cybersecurity revenue base, customer relationships, public-sector procurement channels and AI-related technologies to Quantum eMotion’s business. Quantum eMotion plans to use those channels to pursue pilots and cross-selling, subject to customer requirements and product readiness. Its quantum-security technologies remain in NIST and FIPS validation processes; submission does not constitute validation. After closing, Quantum eMotion shareholders are expected to own approximately 95.97% of its outstanding shares and former Plurilock shareholders approximately 4.03%, on a basic basis and subject to adjustments.
Plurilock (PLCKF) has signed a two-year, non-exclusive collaboration agreement with ADGA Group Consultants to support Canadian defence suppliers pursuing certification under the Canadian Program for Cyber Security Certification (CPCSC).
Plurilock, through its Critical Services division, will deliver CPCSC Level 2 readiness, gap assessment, evidence collection, and assessment reporting services. ADGA intends to establish and operate an independent CPCSC Level 2 certification body, subject to accreditation. The companies state that their roles will remain operationally separate, with information barriers aligned to ISO/IEC 17024 impartiality requirements, and Plurilock will not make certification decisions or present itself as a certification authority.
CPCSC introduces mandatory cybersecurity controls for suppliers to Canada’s defence procurement system and is designed to interoperate with allied frameworks such as the U.S. CMMC program. Financial terms will be set in future statements of work and were not disclosed.
Plurilock Security (OTCQB: PLCKF) reported Q2 2026 revenue of $11.3M, down from $16.2M in Q2 2025, reflecting a strategic pullback from lower-margin resale activities. Despite lower sales, consolidated gross margin rose to 17.3% from 11.4%, driven by a shift toward higher-margin Critical Services and cybersecurity solutions.
Operating expenses fell 38% year-over-year to $2.2M, and EBITDA loss improved to $0.27M from $1.95M, while net loss narrowed to $0.47M from $2.23M. Cash and restricted cash were $2.57M at June 30, 2026. The company also closed a $3.3M private placement and announced new critical services contracts totaling CAD$1.31M.
Plurilock Security (OTCQB: PLCKF) will host a live investor webinar on Thursday, August 20, 2026 at 7:00 AM PT / 10:00 AM ET. Management will discuss its expanding U.S., Canadian, and NATO contracting portfolio via Aurora Systems Consulting and Integra Networks. The session will exclude Q2 2026 financial results, which are planned for release later in August, and a recording will be posted on the company’s investor relations webpage.
Plurilock Security (OTCQB: PLCKF) announced that its Integra Networks subsidiary has been selected as one of the Contract Holders under the NATO Communications and Information Agency’s Cyber Security Dynamic Marketplace (CSDM) Lot 1, a five-year multiple-award IDIQ framework where work is awarded via task orders.
The framework spans eight cyber security categories, including identity, endpoint, network, cloud security, threat detection, vulnerability management, and professional services. Plurilock highlights this as an expansion of its public sector contracting portfolio, which already includes Canadian federal vehicles and NASA SEWP contracts. The company also appointed Veera Singh as Chief Operating Officer in addition to her Chief Financial Officer role.
Plurilock Security (OTCQB: PLCKF) announced that its Aurora subsidiary has been notified it is one of the awardees under NASA’s Solutions for Enterprise-Wide Procurement VI (SEWP VI) government-wide acquisition contract, a 10-year IDIQ vehicle with an aggregate program ceiling of US$60 billion that enables U.S. federal agencies to procure IT and cybersecurity solutions.
The award allows Plurilock to compete for future SEWP VI orders, with any revenue dependent on subsequent task-order wins. SEWP is part of Plurilock’s North American defense and public sector platform, alongside multiple Canadian contracting vehicles held through its Integra subsidiary. Plurilock also granted 2,820,000 stock options to employees and consultants at an exercise price of $0.15 per share for four years, and 1,500,000 restricted share units to officers and directors vesting over one year, to recognize past contributions and support retention.
Plurilock (OTCQB: PLCKF)/b) announced CAD$1.1 million in U.S. federal and state data center and security technology sales, including EDR and data security for the California State Legislature, server components for DISA, and infrastructure support for the FTC.The company will also issue 682,688 common shares at $0.13 to satisfy $88,750 of interest due June 30, 2026 on 10% unsecured convertible debentures totaling $3.275 million in principal, while expecting contract margins to align with historical performance.
Plurilock (OTCQB: PLCKF) reported the results of its Annual General Meeting held on June 16, 2026. All resolutions were approved.
Five directors were elected, MNP LLP was re-appointed as auditor, and the Amended Omnibus Incentive Plan was ratified. 12,998,634 shares, or 16.33% of outstanding shares, were represented.
Plurilock (OTCQB:PLCKF) CEO Ian L. Paterson testified on June 11, 2026 before the House of Commons Industry and Technology Committee in Canada’s study on financial fraud and scams.
He urged Parliament to:
- Modernize identity standards
- Create a national anti-fraud mandate
- Invest in disrupting international fraud networks