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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 (OTCQB: PLCKF) provided a corporate update on March 10, 2026, highlighting defense-market positioning, strong Critical Services growth, and operational changes to accelerate profitability.
Key metrics: CAD$10.0M revenue for the first 9 months of 2025, Critical Services ~95% 5-year CAGR, recent contract wins (e.g., CAD$5.9M on April 2, 2025), and ~CAD$900,000 expected net annualized cost savings.
Plurilock (OTCQB: PLCKF) announced four contract renewals with two existing customers totaling $1,190,000 in recurring work.
Three short-term PLCS engagements (six to twelve months) expand support for a commercial firm's insider risk, SIEM, and executive communications; a twelve-month data security licensing renewal covers a national security–focused government agency.
Plurilock (OTCQB: PLCKF) announced it issued 312,188 common shares at $0.2042 per share to satisfy $63,750 of interest due on its unsecured convertible debentures. The shares satisfy interest on two indentures: the $275,000 September 20, 2022 debentures and the $3,000,000 October 30, 2025 debentures.
The issuance was made in lieu of cash interest payments under the respective indentures, reducing near-term cash outflows while increasing share count.
Plurilock (OTCQB: PLCKF) announced a two-year licensing agreement valued at $2,449,255 with a Nasdaq-listed semiconductor manufacturer on December 17, 2025. The Customer has been a client since 2024 and Plurilock will deliver an advanced insider-risk software solution via a strategic technology partner to protect engineering, production, and supply-chain environments.
The company said fulfillment will follow its historical software licensing practices and additional commercial terms remain confidential.
Plurilock (OTCQB: PLCKF) announced the promotion of Veera Singh to Chief Financial Officer, effective January 9, 2026. Singh has served as Vice President of Finance for more than four years and was made an officer earlier in 2025 in recognition of her leadership and technical expertise. The company said Singh's expanded mandate supports Plurilock's scaling across commercial and defense markets and its focus on developing internal talent. Concurrently, current CFO Scott Meyers will depart effective January 9, 2026. The company stated it does not expect disruption to operations, customer commitments, or strategic initiatives during the transition.
Plurilock (OTCQB: PLCKF) announced a $1,242,462 contract with a Nasdaq-listed semiconductor manufacturer to provide software licensing and professional services. The contract comprises a $922,008 one-year licensing renewal for a Data Loss Prevention (DLP) platform and an $320,454 eight-month professional services engagement for Security Operations Support (SOC).
The deal expands a long-standing customer relationship, represents a licensing increase, and adds net-new Professional Services inside the account, consistent with Plurilock’s stated land-and-expand strategy. Plurilock expects fulfillment costs and gross margin profiles to align with historical performance. Specific contract terms remain confidential.
Plurilock Security (OTCQB: PLCKF) reported Q3 2025 results for the quarter and nine months ended September 30, 2025. Q3 revenue was $15.39M (nine months: $50.50M/b). Critical Services/professional services grew sharply: professional services revenue was
Gross margin was 8.8% in Q3. Cash and restricted cash totaled $1.52M at Sept 30, 2025. Subsequent events include a $3.0M strategic convertible debenture investment (Oct 31, 2025) and new U.S. contracts announced in November 2025. Management hosted a results webinar on Nov 27, 2025.
Plurilock (OTCQB: PLCKF) will release its Q3 2025 financial results for the three and nine months ended September 30, 2025 after market close on Wednesday, November 26, 2025.
Management will host a live webinar on Thursday, November 27, 2025 at 11:00 AM ET (8:00 AM PT) where CEO Ian L. Paterson and CFO Scott Meyers will review results, provide company updates, and answer investor questions. A recording and supporting materials will be posted on the company investor relations page.
Plurilock (OTCQB: PLCKF) announced follow-on Critical Services contracts totaling US$868,600 with an existing Nasdaq-listed semiconductor manufacturer on November 5, 2025. The awards comprise an 8-month US$676,000 direct services engagement and a 6-month US$192,600 resell services expansion to deliver a 24/7 Security Operations Center (SOC) for continuous threat detection, proactive defense, and incident response. The work expands Plurilock's footprint in semiconductor and high-technology manufacturing sectors and leverages integrated endpoint detection and response (EDR) technology through a cybersecurity partner. Contract terms remain confidential; Plurilock expects fulfillment costs and gross margin profiles to align with historical MD&A disclosures.
Plurilock (OTCQB: PLCKF) announced a one-year US$624,000 software and services contract with a large U.S. state law enforcement agency on November 3, 2025.
Under the agreement Plurilock will deliver software solutions and dedicated engineering support to strengthen the agency's security posture and protect sensitive law enforcement and public safety data. The customer is an existing Plurilock client and the state's largest employer of law enforcement officers and operator of correctional and parole systems.
Plurilock expects fulfillment costs and gross margins to be consistent with its historic Solutions and Professional Services businesses; detailed contract terms remain subject to confidentiality and non-disclosure.